Download Our Quick Guide: Building an Onsite Energy Program Today: Download Now

Net Metering 3.0

The changes to the California net metering regime, known as NEM 3.0, become standard next month.  Understanding those changes will have an impact on the economics of an onsite energy system.

Book Your NEM Consultation today to learn how your business could potentially save money on your energy bills by taking advantage of NEM 3.0. 

What is Net Metering? 

Net metering is a billing mechanism that allows businesses with solar or other renewable energy systems to sell excess energy back to the grid. In California, commercial net metering allows businesses to receive credit on their utility bills for the excess renewable energy that their systems generate. This excess energy is typically measured in kilowatt-hours (kWh), and the credits can be applied to offset the cost of the business’s future energy usage.

Explore More Articles on Net Metering

2024: The Distributed Energy Inflection Point

In a year marked by election cycles, AI advancements, and evolving energy markets, 2024 emerged as a critical turning...

Compass Dermatopathology Partnered with VECKTA to Save $3.85M in Utility Costs with Solar and Energy Storage

Compass Dermatopathology, a full-service dermatopathology lab, has partnered with VECKTA, a technology platform that...

Ep 68: Peter Kelly-Detwiler on Decarbonizing the Energy Economy

 How is the global energy transition reshaping the way businesses approach sustainability? In this episode, Peter...

Ep 67: Review of SEIA’s Solar Means Business Report

 How are corporate giants like Amazon, Google, and Meta driving the solar revolution? In this episode, we dive into...
A rendering of a microgrid at a small commercial building showing rooftop solar, carport solar, batteries and grid controls.

A Guide to Distributed Energy and the Building Blocks of our Energy Future

This post was written by VECKTA's CEO and Founder, Gareth Evans for his blog Powering Profits. It was not written by...

Ep 66: The Financial Materiality of Climate Risk: Industry Perspective with Sotiria Anagnostou

 What does it take to navigate climate challenges and create meaningful change? In this episode, Sotiria Anagnostou,...

Ep 65: Lessons Learned in Deploying a Hybrid Microgrid System From Aerospace Manufacturer Kirkhill

 What does it take to modernize manufacturing facilities while slashing energy costs and improving sustainability? In...

VECKTA Announces Strategic Partnership with Wellstar Health System to Assess and Deploy Energy Efficiency Upgrades and Onsite Energy Systems

VECKTA, the first end-to-end onsite energy deployment platform, today announced a strategic partnership with Wellstar...

Ep 64: How States Stack Up on Grid Carbon Intensity

 With the grid getting cleaner, is onsite energy still worth considering? As businesses look for the most...

Ep 63: Post-Election Debrief on Energy and Distributed Generation

 The election results are in—but how will they affect the energy industry? Tune in to this episode to get our take...