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DID NEM 3.0 KILL ROOFTOP SOLAR?

DID NEM 3.0 KILL ROOFTOP SOLAR?

The answer is no. Due to NEM 3.0’s lower export rates, batteries paired with solar have become a necessity, which has led to higher initial costs. However, the return on investment (ROI) is the same now with solar and battery systems as it was just a couple of years ago with solar-only systems.

This means that despite higher upfront costs, the financial benefits over time are comparable or even better. This is especially true for those with large, luxury homes. These homeowners continue to see favorable ROI’s because of ongoing utility rate increases combined with their typically high energy consumption. The combination of rising utility rates and substantial energy use ensures that the savings from a solar and battery system are significant.

Not only is HPE the leading battery installer in the Coachella Valley, we anticipated the need for batteries years ago. We are installing the same reliable systems today that we were back in 2019. Although technology has advanced since then, the philosophy behind this practice remains the same. Our experience and expertise ensure our customers receive the best solutions tailored to current and future energy needs.