PG&E solar after April 2023

NEM 3.0 cut solar export credits by 75%.
A battery is the fix.

PG&E switched new solar customers to the Net Billing Tariff in April 2023. Export credits dropped from near-retail to pennies per kWh. Solar without a battery on PG&E now exports cheap at midday and buys back expensive at night. Here's what that means in dollars, and what to do about it.

Get a Free Quote
75% drop in PG&E solar export credits under NEM 3.0 vs NEM 2.0 Source: CPUC Net Billing Tariff Decision D.22-12-056, April 2023
What changed

What NEM 3.0 actually is.

NEM 3.0, officially the Net Billing Tariff (NBT), is PG&E's current solar export rate for new installations since April 15, 2023. Under NEM 2.0, your solar panels exported power to the grid at or near the full retail rate, roughly $0.38 to $0.45 per kWh. You built up credits during the day and used them at night.

Under NEM 3.0, exported power is valued using the Avoided Cost Calculator, a set of hourly wholesale rates. The average export value lands around $0.05 to $0.08 per kWh. PG&E still charges you $0.40 or more when you buy that same power back in the evening.

That gap is the problem. You're selling low and buying high. A battery fixes it by storing what you produce during the day and using it when rates are high.

How we got here

2013 — NEM 1.0 established. Solar owners receive full retail credit for exported power.
2016 — NEM 2.0 takes effect. Retail-rate credits largely preserved with minor interconnection fees.
Dec 2022 — CPUC issues Decision D.22-12-056 approving the Net Billing Tariff.
April 15, 2023 — NEM 3.0 takes effect. All new PG&E solar interconnections move to Net Billing Tariff. Export credits drop ~75%.
April 15, 2026 — Final deadline for NEM 2.0 grandfathering. Pre-April 14, 2023 applications must achieve PTO by this date.
The math

What NEM 3.0 means
for a real PG&E bill.

Example: 1,200 kWh/month home in El Dorado Hills on PG&E. System produces 1,000 kWh/month. Without a battery, most production is exported during the day while the homeowner is at work.

NEM 2.0 (grandfathered customers)

Old rules

Export rate ~$0.40 / kWh (retail)
600 kWh exported / month $240 credit
400 kWh self-consumed $160 saved
Monthly solar benefit ~$400
Simple payback (cash) ~7 to 9 years
NEM 3.0 (new installs)

New rules, no battery

Export rate ~$0.06 / kWh (ACC avg)
600 kWh exported / month $36 credit
400 kWh self-consumed $160 saved
Monthly solar benefit ~$196
Simple payback (cash) ~10 to 13+ years
NEM 3.0 + battery

New rules, with battery

Export rate ~$0.06 / kWh (low, but most is stored)
600 kWh stored + self-consumed ~$240 saved at retail
400 kWh direct self-consumed $160 saved
Monthly solar benefit ~$400
Simple payback (cash) ~7 to 9 years

These are illustrative estimates based on average usage and rates. Your numbers depend on your bill, system size, roof, and actual ACC values at time of install. We run this on your real bill at the consult.

What to do about it

The fix is a battery.
Here's why it works.

A home battery stores your solar production during the day. You use that stored power in the evening when PG&E rates are highest. Instead of exporting at $0.06 and buying back at $0.40, you're capturing your own production at full retail value.

The Tesla Powerwall 3 (13.5 kWh) stores enough production to cover most evenings for a typical NorCal home. Pair it with a correctly sized solar system and the economics under NEM 3.0 look a lot like NEM 2.0 did. Solar only under NEM 3.0 often doesn't pencil. Solar plus battery usually does.

For PG&E customers, we almost always design solar and battery together. It's not upselling. It's the honest answer to what NEM 3.0 actually does to the numbers.

Tesla Powerwall home battery installed in a garage in El Dorado Hills, California.

SMUD customers: NEM 3.0 does not apply to you.

SMUD is a community-owned utility and is not subject to CPUC jurisdiction or the Net Billing Tariff. SMUD runs its own Solar and Storage Rate, which pays a flat export credit year-round. SMUD solar economics are different from PG&E, and for most SMUD homeowners the bigger opportunity is the battery rebate of up to $10,000, not the export rate conversation.

See the SMUD rebate details
Common questions

NEM 3.0 questions
we hear every week.

What is NEM 3.0?

NEM 3.0, officially called the Net Billing Tariff, is PG&E's current solar rate for new installations since April 15, 2023. It replaced NEM 2.0. Export credits dropped by about 75%. Instead of receiving near-retail rate credits for exported power, you now receive Avoided Cost Calculator (ACC) values that average around $0.05 to $0.08 per kWh, while buying power back at $0.40 or more per kWh.

Does NEM 3.0 apply to SMUD customers?

No. NEM 3.0 is a PG&E program regulated by the CPUC. SMUD is a community-owned utility and runs its own Solar and Storage Rate, which pays a flat export credit year-round. SMUD customers are not affected by NEM 3.0.

I already have solar from before April 2023. Am I on NEM 3.0?

If your system got Permission to Operate before April 15, 2023, or your interconnection application was submitted before April 14, 2023 and PTO was issued before April 15, 2026, you are grandfathered on NEM 2.0 for 20 years from your PTO date. NEM 3.0 applies only to new solar installations after that cutoff.

Is solar still worth it on PG&E under NEM 3.0?

With a battery, yes. Without a battery, the economics are significantly weaker. A home battery lets you store midday production and use it at night, stopping you from exporting cheap and buying back expensive. Solar plus battery payback in PG&E territory typically runs 7 to 9 years. Solar only under NEM 3.0 often stretches to 10 to 13 or more years. We run the real numbers on your bill so you can see exactly where it lands for your home.

What if I add a battery to my existing NEM 2.0 solar?

Adding a battery to an existing NEM 2.0 system generally does not move you to NEM 3.0, but it depends on whether a new interconnection application is required. Call us at 916-461-9961 before adding a battery to an existing NEM 2.0 system. We'll walk you through the interconnection implications specific to your setup.

Read all FAQs

PG&E customers

See what solar and battery
actually pencils on your bill.

We design for NEM 3.0 from the start. Real numbers on your real bill. Free consult, no obligation.