Going solar before April 14 is a huge benefit because you will get grandfathered in to Net Energy Metering (NEM) 2.0 for 20 years.
Here's why:
Starting on April 14, NEM 3.0 will go into effect, bringing new changes to the way excess solar energy is credited back to homeowners. Under NEM 3.0, homeowners may receive lower credits for the excess energy they send back to the grid, reducing the financial return on their investment.
However, if you go solar before April 14, you will be grandfathered in to NEM 2.0 for 20 years. This means that you will continue to receive the higher credits for excess energy under NEM 2.0, ensuring a higher financial return on your investment and lower electricity bills.
Additionally, going solar before April 14 helps you to take advantage of the financial incentives and tax credits currently available to support the growth of solar energy. By going solar before April 14, you can maximize your savings and reduce the cost of your investment.
Furthermore, going solar before April 14 is an investment in your home that can increase its value and make it more attractive to potential buyers because you will be a part of an SCE program that no longer is available. Solar panels are a desirable feature that many homebuyers are looking for, and they can increase the resale value of your home. By going solar, you can make your home more valuable and attractive to potential buyers.
In conclusion, going solar before April 14 is a huge benefit because you will get grandfathered into NEM 2.0 for 20 years. This ensures a higher financial return on your investment, lower electricity bills, and increase energy credits provided by SCE. Don't miss out on the opportunity to take advantage of NEM 2.0, go solar before April 14!
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