CALSSA analyzed the NEM-3 Proposed Decision issued on December 13 and found that it increases the cost of solar and extends the simple pay-back (just one measure of value to the consumer) for all residential customers, including low-income consumers. Commercial projects will be equally hard hit. Energy storage will also not escape the fees and be harmed as well.
The estimated savings show above are the high water mark for low-income consumers. Because the Market Transition Credit declines and lasts only four years, payback periods will increase and monthly bill savings will decrease year after year.
