- Joined
- Apr 16, 2023
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It’s delayed because of regulations. The technology is mature but the electric companies don’t want to lose their profits. V2H makes it possible to charge your EV when prices are low and sell back to the grid when prices are high (but it’s not good for your car battery to do this - use V2H only for emergencies).
Just look at the effect of NEM 3.0 for solar in California. Excess solar is sold to PG&E who then turns around and sells it to someone else for 10x what they pay you. And, no, this doesn’t cover transmission line costs. That’s a separate line item that is charged.
I’m still debating what to do with my excess solar. Is it worth it for me to earn $1 to $2 per day when PG&E sells that energy to someone else for $10 - $20 by using my solar panels that I paid for? I have friends that have decided not to sell to the grid and just “waste” the excess solar.
The best strategy for NEM 3.0 is to be completely off the grid.
Yep. NEM 3 essentially slowed all new residential solar installation to a trickle. It was a shameful collusion between the CPUC, politicians and private utility companies. In addition, the new fees for residential solar generators combined with the attempt to roll back the 20 year time frame of the previous NEM contracts show that the consumer is once again being fleeced to increase utility profits. Mind boggling since California per kW charges are already among (if not) the highest in the nation...