Chapter 5 · California Policy — NEM 3.0 in Depth
Background: NEM 3.0 = NBT (Net Billing Tariff)
NEM 3.0 is officially titled NBT (Net Billing Tariff) in California regulatory documents. It took effect April 15, 2023.
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4.6 SRECs — Solar Renewable Energy Credits (select states)
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5.1 The evolution from NEM 1.0 to 2.0 to 3.0
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