If you’re considering purchasing solar panels or you’re waiting the installation of your new system, this is an urgent news update for you! Southern California Edison has made a change that will require all existing solar customers whose systems are placed into service after March 1st, 2019 to be placed on one of two different “time of use” rate structures. These rates are significantly higher than before, and thus will have a negative impact on how much you can save.
These new rates will go into effect for at least six months, but could be as much as 18 months, depending on the results of a proceeding currently taking place in the California Public Utilities Commission. After this period, however long it may be, comes to an end, you will be able to switch to a much more favorable default plan that will see much greater savings.
For Existing Customers
If you already have your panels installed and you’ve been a solar customer for some time, this news doesn’t affect you. You will be grandfathered into the program and your rate structure will remain the same. However, if you haven’t had your solar panels installed yet and you’re waiting on your installation, you need to take action right away. Before January 31st, 2019, you should switch to one of two different rate plans, which will grandfather you into the program for an additional five years before you are switched to one of the less-favorable rate plans.
You can learn which one is right for you by speaking with a Southern California solar installation representative at SunPower by Sea Bright Solar, so we encourage you to call as soon as possible.
Why so early? The new rate plans won’t go into effect until the first full billing cycle after the request, so any requests after January 31st of this year likely won’t go into effect before march, making them ineligible for the grandfathered rates.
If you have not yet made the decision to switch to solar, you can still get in on these favorable rates, you can take the same action. Request to switch to one of these two rate plans before this January 31st deadline and you’ll be able to use these rate plans until the less favorable plans expire in 2020. What this also means is that the cost of going solar will go up after January 31st, thanks to action by your local public utilities.
If you’re not sure how to make this switch, talk to one of our solar power professionals and they’ll guide you through the process of switching step-by-step. Their goal is to help you save as much as possible, and they will do everything in their power to help you make sure you make the most out of your solar energy system.
Call SunPower by Sea Bright Solar at (909) 480-3783 to speak with a member of our team today.