yup - too late. I see discussions on NextDoor and I tell them too lateQuestion for y'all... don't you have neighbors ask you about your PV+ESS? What would you tell them now? "you're too late sorry?"
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yup - too late. I see discussions on NextDoor and I tell them too lateQuestion for y'all... don't you have neighbors ask you about your PV+ESS? What would you tell them now? "you're too late sorry?"
Under NEM 2.0, our expected ROI went from my pre-purchase predicted 7.5 years to 5.5 years, thanks to faster than expected rate increases from PG&E, and the sunsetting of our original, more favorable rate. (Not a "Tiered" rate!)Aren't you seeing your expected ROI under NEM 2.0? I don't about @h2ofun since he built his own utility scale solar array... But for our household, the annual electricity bill is now just the NBCs which were like $140. Compare that with the $4,500 in electricity spent in the first calendar year we were in this house. You don't know PG&E-pain unless you were ever on the tiered plan and hit Tier "!". Yikes.
And the gravy on top is that I no longer get those stupid nasty-grams from PG&E telling me I am a horrible energy waster and threatening to put those black boxes on my AC condensers. Plus we're charging EVs for peanuts. AAANNNNDDDD I can use whatever energy I want from 3pm to midnight because screw the TOU rates.
Ultra simple ROI (ignoring the energy cost increases that PG&E is requesting from the CPUC)... about 7 year break-even on this NEM 2.0 system. I don't think installers were padding much on their NEM 2.0 sales pitches at all. Edit on owned systems… some solar leases were whack.
The only thing I regret is not getting heat pumps and instead we retained our natural gas heating. Dumb dumb dumb dumb dumb dumb
I tell folks now they are too late, I tried to tell themMy NEM 3.0 model sucks, but using general assumptions around generation/usage my break-even was around 12 years under NEM 3.0 assuming the glide path on the ACC-export-value of the energy that went back to PG&E. I'm ignoring the income-based-fixed-cost-BS and ignoring any VPP participation or other possible oddball value-sources since those aren't predictable.
Without the (edit: added this link) 9-year ACC-glide-path thing (assuming the value of solar export is simply the ACC 2030 estimates without any other subsidy), my break-even was around year 18; which I guess puts me similar to what @Redhill_qik came up with above. Although I don't know how he factored in the ACC glide path, so maybe his 18 years was actually WITH the glide path; and his "no glide path" break even would be like 24 years.
Anyway, NEM 3.0 isn't looking very good from a homeowner's perspective; and I cannot reasonably defend possible savings anywhere near what I'm seeing in these quotes from vendors. Which kind of sucks, because homeowners want to believe in the savings, and the installers are telling folks there will be savings.
I spent the last 3 years telling my neighbors about how great solar energy was + how great on-prem batteries where. If I retract those positions because "well it's only good under NEM 2.0 sorry bro" it just sounds kinda whack since the installers say NEM 3.0 hasn't hurt savings/economics at all.
Question for y'all... don't you have neighbors ask you about your PV+ESS? What would you tell them now? "you're too late sorry?"
Under NEM 2.0, our expected ROI went from my pre-purchase predicted 7.5 years to 5.5 years, thanks to faster than expected rate increases from PG&E, and the sunsetting of our original, more favorable rate. (Not a "Tiered" rate!)
Yes, well, a heat pump might ratchet up your solar needs...
When folks ask me about getting solar, I usually respond by asking why they want solar. Saving money tends to be #4, or #5 on their lists. Helping the planet, self sufficiency, and not paying a cent to PG&E, tend to be #1, #2, and #3. Most of them have come to realize after the Santa Rosa suburban fire that they live in wildfire areas and the power might disappear with no notice. Many of us suffered through more than a few PSPS events, and random equipment failures or tree limbs falling on clear days. We have a substation a couple miles from here that routinely seems to either have a switching failure, requiring an onsite crew to reset, or equipment that dumps, requiring onsite repair crews. Either way the power goes out for awhile.
All the best,
BG
"Pixie dust, pixie dust, pixie dust"Yeahhhhh your unicorns and pixie dust are paying dividends!
The TL ; DR answer to the thread title, at least to me (which is " How to help A prospective California customer understand their possible savings under NEM 3.0" is " There isnt any prospective savings under NEM 3.0 in any sort of time frame anyone would consider reasonable".
And yes, people ask me about solar and storage at work, because they know I have both, and I tell them "since you didnt get NEM 2.0 you need to wait and see if its worth it, because right now it doesnt appear to be so for new people, to me".
A potential silver lining is that vendors will capitulate to falling demand and give up their fat margins that have been propped up by government incentives for years. Solar panel and electronics costs should have fallen much more and followed much more closely to Moore's law given the market growth. If the equipment costs go down by 50% then home solar could make financial sense even under NEM3.
I cross-posted your post and my reply into this thread to prevent the other one about ROI from becoming a NEM 3.0 policy thread convo heh.
Your point was one of the arguments the pro-IOU-camp used against Residential solar. They cited that the residential rooftop solar industry is supposed to find ways to operate more efficiently (cheaper materials, labor, components, cookie-cutter-designs, cheaper permitting, and less overhead) to make rooftop residential work in the long run. So the IOUs were just helping push the rooftop residential solar industry to make adjustments to survive.
What is maddening is then the same effing logic cannot be turned against PG&E and the CAISO members.
Every rate payer will benefit if utility scale operations also follow Moore's Law and we see cheaper generation and energy is distributed in a more efficient manner over time. But the IOUs and CAISO members do not think such efficiencies are possible. Instead of finding efficiencies to benefit all; they simply say efficiencies for themselves at the IOU monopoly level and utility scale operations are already super efficient and safe. So all that's left now is for them to jack up rates at at a 10% CAGR and watch every rate payer squirm.
The "rules for thee but not for me" crap in NEM 3.0 was easily the worst part of the whole thing. Ratepayers are getting screwed all over the place paying for the most expensive energy in the USA (next to Hawaii). But instead of finding efficiencies, they just finger point at Residential Solar saying it's their job to lower costs; but the IOUs can just keep on going on since they're the monopoly.
With NEM3, you probably want a smaller system, so that you are not feeding back to the grid very often, as they will pay you very little for what you feed back, except from around 4:30pm until your panels die from the low sun, which may be 5:30 or 6 depending on orientation. There will be times in summer when there's a fat payback at just that time, but it's hard to justify for just that.
If you have NEM3 you will want to charge your Tesla as much as possible during the daytime, particularly from 9am to 3pm. There are companies that sell systems that track household use, spare solar capacity and try to feed the spare solar to the car whenever it has room.
You can buy batteries and do better with NEM3 but all battery systems are massively expensive now, I fear it would be hard to get payback there. Perhaps as batteries get cheaper. I also don't think you'll want to do V2G, though it will certainly be more attractive under NEM3. For V2G you must consider how much of your battery life it uses to cycle power in and out of the battery for the grid instead of driving. Not much point in being paid 20 cents/kWh for power in your car if you will over time lose enough range to notice. Loss of range is not just loss of battery, it's loss of utility of your car. Some hope that V2G will feed out power at low wattage and not degrade the battery much.
However, one option is to size a much smaller solar system, size it to your base daytime load, not your total load. For example, if your house is always drawing 300 watts minimum except for rare occasions, and your car charging can bump that to 800 watts, you could get an 800 watt system and rarely feed back to the grid. But you must charge your car more slowly and always have it plugged in during the day -- no commuting. Also an 800 watt system is too small to be economical
With NEM3, you probably want a smaller system, so that you are not feeding back to the grid very often, as they will pay you very little for what you feed back, except from around 4:30pm until your panels die from the low sun, which may be 5:30 or 6 depending on orientation. There will be times in summer when there's a fat payback at just that time, but it's hard to justify for just that.
Also an 800 watt system is too small to be economical
If backup power is the goal, a generator is a far cheaper and more reliable solution.
Only idots prepare this way. I have a 500 gallon propane tank filled, ready for my generator
Only idots prepare this way. I have a 500 gallon propane tank filled, ready for my generator
It also depends on how bad the storm is and where you live. People around me ran out of propane after a couple of weeks but between local shortages and road conditions propane trucks couldn't make it in to refill their tanks last winter. But solar doesn't help much either when there is a lot of overcast and the panels are covered with a few feet of snow.Only idots prepare this way. I have a 500 gallon propane tank filled, ready for my generator
Usually the ones that plug into a wall socket violate code. Otherwise they would be great. Problem is you have a wall socket on a 1500w circuit. You plug in your 800w panel. You plug in a 2200w device. It works, getting 800w from the panel and 1400w from the wall, but it's drawing 2200w over wire meant for 1500w. Melt melt melt. Fire fire fire.That's true with the current heavy regulatory requirements in the US but not in EU. EU already allows up to 800W plug-in grid-tie solar inverter to be plugged into a wall socket without any approval or permitting. The result is much lower cost to adopt solar albeit at a limited scale. US needs to follow the same to democratize solar.