Now, let’s talk… NEM 3.0, micro-inverters, and what a solar install looks like (video). Solar is a decently large investment, but here’s the bottom line – it’s a SMART investment, and it’s practically guaranteed to pay you back over time. So, even with the scary NEM 3.0 in town, you’re still in for some serious savings. Let’s dive in below to uncover the nitty-gritty details. But hey, if you prefer a visual treat, we’ve got something special for you – a pretty cool solar install and monitoring system captured in this video. Take a look… 👇

The dreaded NEM 3.0… SDGE’s New Net Metering 3.0

Embrace Change ⚙️🌐
Now, let’s delve into the details of NEM 3.0, the latest net metering program that might seem a bit daunting at first glance. Sure, for new customers NEM 3.0 will cause a dip in your monthly and lifetime solar savings; no question. If you compare it to 2.0 it could be thousands and thousands less—we’ll be honest about that. But here’s the reality, its here, and we need to embrace it. However, looking ahead it isn’t total doom and gloom, the solar investment isn’t dead— even with the substantial changes, you’ll still be paying WAY less for electricity compared to staying 100% reliant on the utility company, lifetime savings will still be huge and your investment will have returns. Final point, with solar shining on your rooftop, you’re not at the mercy of fluctuating utility rates or the hidden fees. 💡

It is important to keep your eye on the prize(s):
1. 🌞💲 Reduced Energy Bills: Solar power means you’re producing your own electricity, and that means more money staying in your wallet every single month.
2. ⚡ Energy Independence: Less dependent on the grid.
3. 💚+🌳 Environmentally Friendly: By choosing clean energy, you’re reducing your carbon footprint and leaving a greener world for generations to come.
4. 🏠 Increased Home Value: Solar panels can seriously boost your home’s value, who wouldn’t want a house with solar intact (to be clear, paid for solar, not leased solar, leased solar can cause problems when selling your home, don’t say I didn’t warn you about that one.)
5. 💰🌱 Rapid ROI: Run the numbers. The ROI is in-tact.

The Federal 30% Tax Credit: BIG BONUS

This is a definite perk. You go solar, the government gives you a federal 30% tax credit. Let me say it again, you can claim a tax credit worth 30% of your total solar system cost. Getting a sweet green bonus from Uncle Sam is just the beginning of your savings journey. I won’t be able to explain it better than they do here at energy.gov: Learn More: https://www.energy.gov/eere/solar/articles/solar-investment-tax-credit-what-changed

This going green reward from Uncle Sam is here until 2032 and the percentage will drop down from there on out.

Beyond the NEM 3.0 and the Tax Credit.

Why We Swear by Micro-Inverters ⚡🔧

When it comes to solar technology, we’re all about keeping things modern and efficient. That’s why we’re firm believers that the heart of any solar system should be micro-inverters, not those old-school string inverters.

So, here’s the lowdown on why we’re raving about micro-inverters. These nifty devices are attached to each solar panel, optimizing your system’s performance like a well-tuned symphony. The result? You get the absolute most out of each and every panel, maximizing your energy production and your savings.

One of the best things about micro-inverters is their reliability. If, by some rare cosmic event, one panel decides to take a little break (we hope it doesn’t…), you can rest easy. It won’t bring down the whole solar system. Your other solar panels will keep doing their thing, churning out that precious power, and keeping the lights shining bright. 🌟

With micro-inverters, your solar system becomes a rock-solid investment, ensuring you get reliable, consistent energy savings for years to come.

Conclusion:

Solar is undeniably one of the best returns on investment, even with the introduction of NEM 3.0. While the long-term savings for solar-only systems under the NEM 3.0 billing might experience a slight reduction, it’s crucial to understand that investing in solar can still yield exceptional returns – in some cases, reaching an impressive range of $60,000 to $75,000+ – making it one of the most attractive investments for your home. When it comes to home solar, California stands out as a unique landscape compared to the rest of the country, primarily due to the implementation of NEM 3.0.

If you didn’t start with it, don’t forget to check out our solar install video, showcasing a few solar installs by our team of electricians.

If you’re ready to take the leap into solar and embark on this eco-friendly and financially rewarding journey, Raceway Electric & Solar is here to support you every step of the way. Book a solar quote with us online at HERE or simply give us a call at 619-596-1918.

Together, let’s embrace the power of the sun and make a positive impact on both your future and the planet. 🌞

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