PG&E Solar Guide 2026: NEM 3.0 Complete Breakdown

PG&E's NEM 3.0 changed everything about solar economics in Northern California. Here's exactly how it works, what you'll actually save, and why batteries are now essential.

Quick Answer
PG&E solar under NEM 3.0 still makes financial sense, but batteries are now essential. Export credits dropped to $0.04-$0.08/kWh (vs. $0.30-$0.50 retail), so the strategy shifted from maximizing exports to maximizing self-consumption. With a battery, expect 7-9 year payback and $55,000-$70,000 in 25-year savings. Without a battery, payback stretches to 10-12 years.

PG&E Solar: The New Reality

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From my experience:I've talked with hundreds of PG&E customers since NEM 3.0 launched. The message I keep repeating: solar still works, but your strategy needs to change. Batteries went from "nice to have" to "almost essential" practically overnight. Don't let installers sell you an oversized system without storage—that playbook died in April 2023.

Pacific Gas & Electric (PG&E) serves 16 million people across Northern and Central California. In April 2023, California switched to NEM 3.0, dramatically changing the economics of solar. Here's what you need to know.

PG&E Quick Facts 2026
Net metering: NEM 3.0 (since April 2023)
Export rate: $0.04-$0.08/kWh (vs. $0.30-$0.50 retail)
Required rate: Time-of-use (TOU)
Battery recommendation: Strongly recommended
Payback period: 6-9 years (with battery), 9-12 years (without) (Source: EnergySage market analysis)

The honest truth: Solar still makes sense with PG&E, but the strategy has completely changed. You can no longer export cheap midday power and get full retail credit. Now it's about self-consumption and avoiding expensive peak rates.

NEM 3.0 Explained (Net Billing Tariff)

What Changed from NEM 2.0

FeatureNEM 2.0 (Old)NEM 3.0 (Current)
Export creditFull retail rate (~$0.30-$0.50)Avoided cost (~$0.04-$0.08)
Credit reductionNone~75-80% lower than retail
Rate structureOptional TOUMandatory TOU
Best strategyMaximize exportsMaximize self-consumption
Battery valueNice to haveNearly essential
Payback period4-6 years6-9 years (with battery)

How NEM 3.0 Export Credits Work

Under NEM 3.0, your export value depends on the time of day and month. The "Avoided Cost Calculator" determines rates that change hourly. Here are typical values:

Time of DayExport ValueRetail RateYour Loss
Morning (6-9 AM)$0.05-$0.08/kWh$0.35-$0.42/kWh~85% loss
Midday (9 AM-4 PM)$0.03-$0.06/kWh$0.35-$0.42/kWh~90% loss
Peak (4-9 PM)$0.08-$0.15/kWh$0.45-$0.60/kWh~80% loss
Off-peak (9 PM-6 AM)$0.04-$0.06/kWh$0.30-$0.35/kWh~85% loss
The NEM 3.0 Problem
Solar produces most power midday (when export value is lowest) but you use most power in the evening (when rates are highest). Without a battery, you're selling low and buying high. A battery lets you store midday solar and use it during expensive peak hours. (Source: manufacturer specifications and EnergySage data)

PG&E Rate Schedules

Solar customers must choose a time-of-use rate. The right choice significantly impacts savings:

Common PG&E Solar Rates

RatePeak HoursPeak RateOff-Peak RateBest For
E-TOU-C4-9 PM$0.45-$0.55/kWh$0.35-$0.42/kWhMost solar customers
E-TOU-D5-8 PM$0.50-$0.60/kWh$0.30-$0.38/kWhBattery owners
EV2-A4-9 PM$0.50-$0.58/kWh$0.25-$0.30/kWhEV owners with battery

Note: PG&E rates increase almost every year. The rates above are approximations for 2026. Always check your actual rate on your PG&E bill.

Understanding Your Bill

PG&E bills have multiple components:

  • Generation charge: The actual electricity (~60% of bill)
  • Delivery charge: Grid maintenance and transmission (~30%)
  • Fees and taxes: Various fixed charges (~10%)
  • NEM charges: Solar customers pay a small interconnection fee

Why Batteries Are Essential for PG&E

Under NEM 3.0, batteries transform your solar economics:

Solar-Only vs. Solar + Battery

ScenarioSolar OnlySolar + Battery
System cost (7kW)$21,000$35,000 (with 13.5kWh battery)
Year 1 savings$1,400-$1,800$2,200-$2,800
Payback period10-12 years7-9 years
25-year savings$35,000-$45,000$55,000-$70,000
Backup powerNoYes (PSPS events)
The Battery Math
A battery adds ~$12,000-$15,000 to your system but generates an extra $800-$1,200 in annual savings by avoiding peak rates. Plus, you get backup power during PG&E's frequent PSPS shutoffs. For most PG&E customers, the battery pays for itself. (Source: EnergySage market analysis)

Best Batteries for PG&E Customers

  • Tesla Powerwall 3: 13.5kWh, ~$12,000 installed, good app
  • Enphase IQ Battery 5P: Scalable (5kWh modules), pairs with Enphase micros
  • Franklin aPower: 13.6kWh, good value, whole-home backup capable

Realistic Savings for PG&E Customers

Here's what PG&E customers can actually expect to save with solar in 2026:

Scenario: Average PG&E Home

Assumptions: $250/month electric bill, 7kW solar system, E-TOU-C rate

ConfigurationMonthly SavingsAnnual SavingsPayback
Solar only (cash)$120-$150$1,440-$1,80010-12 years
Solar + battery (cash)$180-$220$2,160-$2,6407-9 years
Solar (PPA/lease)$50-$80$600-$960Immediate
Solar + battery (PPA)$80-$120$960-$1,440Immediate

Note: PPA/lease still gets the 30% federal credit (passed to you as lower rates), while cash/loan purchases no longer qualify since 25D expired.

Best Strategy for PG&E Customers

The Optimal PG&E Solar Setup

  1. Right-size your system: Aim for 80-100% of usage, not more (excess exports have low value)
  2. Add a battery: 10-15kWh minimum to capture peak savings
  3. Choose E-TOU-D or EV2-A: If you have a battery, these rates maximize arbitrage
  4. Shift usage: Run dishwasher, laundry, EV charging during midday solar production
  5. Monitor and optimize: Use your app to track production, consumption, and battery

What NOT to Do

  • Don't oversize: A 15kW system when you need 7kW just creates low-value exports
  • Don't skip the battery: The math almost always favors including storage
  • Don't stay on E-1: The default flat rate is worse for solar than TOU
  • Don't expect NEM 2.0 savings: Those days are gone

Frequently Asked Questions

Is solar still worth it with PG&E in 2026?

Yes, but the value proposition has changed. With a battery, payback is 7-9 years with 25-year savings of $55,000-$70,000. Without a battery, payback stretches to 10-12 years. Given PG&E's high rates and frequent outages, solar + storage still makes financial sense.

Can I still get NEM 2.0?

No. NEM 2.0 closed to new applications in April 2023. If you already have NEM 2.0, you're grandfathered for 20 years from your interconnection date.

Why are PG&E export rates so low?

California has so much solar that midday electricity is often worth very little (sometimes negative). The "avoided cost" methodology values your exports at what PG&E would have paid for wholesale power, which is much less than retail rates.

Should I wait for better policies?

Unlikely to improve. NEM 3.0 was a hard-fought compromise, and utilities continue pushing for even lower solar compensation. Going solar now locks in current rates and starts your savings clock. Waiting rarely pays off.

What about PSPS shutoffs?

PG&E's Public Safety Power Shutoffs are a major reason to add a battery. During shutoffs (common in fire season), solar-only systems turn off for safety. A battery keeps your critical loads running. With 5+ shutoffs per year in many areas, this alone justifies storage.

[Editor's Note, Jan 2026]:Utility rates and policies change frequently. PG&E updates rates almost annually. Verify current rates on your PG&E bill before making decisions.

Questions About PG&E Solar?

NEM 3.0 is complicated. Ask our AI about your specific situation—rate schedules, battery sizing, or anything else.

Ask About PG&E Solar
LP

Written by

Lincoln Panasy

Founder, SolarQuest AI • Solar Expert Since 2018

Lincoln created SolarQuest AI after seeing too many homeowners get burned by pushy solar salespeople. With 8 years of experience in the solar industry since 2018, he writes and reviews all content on this site—combining his real-world expertise with AI tools to deliver accurate, unbiased solar education.