Spotify online login1/15/2024 ![]() ![]() The third version of the net metering policy is known as NEM 3.0 and will replace the current NEM 2.0 rules from April 15, 2023. More than 90% of all customers that have solar capacity interconnected to the grid in the territories of the three utilities are on NEM tariffs. NEM applies to customers of California’s three largest investor-owned electricity utilities (IOUs): Pacific Gas and Electric Company (PG&E), Southern California Edison Company (SCE), and San Diego Gas & Electric Company (SDG&E). The payments customers receive offset their utility bills and help them recoup their installation costs. NEM requires the utilities to allow customer-generators to meet their own energy needs directly through renewable installations and to sell any surplus energy they generate. NEM is a form of renewable energy incentive that aims to encourage consumer adoption of solar and other forms of low-carbon generation.
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