I'm interested in understanding the working mechanism of NEM 3.0. Could you explain how it operates and what are its key features or functionalities?
6 answers
JejuJoyfulHeart
Wed Nov 13 2024
However, with NEM 3, this credit is now lowered, affecting the financial incentives for installing solar panels.
SamuraiHonor
Wed Nov 13 2024
NEM 3 introduces a significant change in the valuation of customer-generated solar power.
SumoStrength
Wed Nov 13 2024
Under the new regulations, the value assigned to solar power produced by homeowners is reduced.
Sofia
Wed Nov 13 2024
Previously, if a utility company charged 25 cents per kilowatt-hour (kWh) for electricity, homeowners were credited the same amount for each kWh they generated.
Valentina
Tue Nov 12 2024
The move is likely aimed at balancing the grid and managing the increasing number of solar installations.