The CPUC released its proposal to revise California’s current net energy metering program in December, outlining a tariff structure that included an export compensation rate based on the avoided cost values of behind-the-meter systems. However, the proposal drew a lot of criticism from the solar industry and analysis from Wood Mackenzie found that if approved, it could cut California’s residential solar market in half by 2024. Eventually, the agency decided not to schedule a vote on the proposal, and instead consider revising it.
