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by some-guy 19 days ago
Both NEM 2.0 and 3.0 have serious issues, but for different reasons. NEM 2.0 was basically a early adopter's rich person's subsidy that heavily distorted the market, and NEM 3.0 does not have nearly enough subsidies to justify the cost unless you pay cash up front for a large system. (For the record, I am on NEM 3.0 and got such a system).

At the end of the day, the best case scenario is large scale renewable / battery storage to bring costs down as much as possible, and for those of us who want battery backup / solar can choose to invest in it, but it shouldn't be "the" solution.

1 comments

i thought the new NEM screws the homeowner because the city sells electricity at market price and buys electricity back strictly at the worst possible price, even if you're producing at peak demand.