California’s solar and storage companies, CALSSA, have warned that 17,000 jobs could be lost or permanently due to the NEM 3.0 law, which was passed by the California Corporation (CPUC), which incentivises battery storage systems to bolster grid security and manage loads in peak summer months. This represents 22% of all solar jobs in California. The association also found that 59% of residential solar contractors anticipated further layoffs and 70% of retail solar and utility contractors expressed concern about their business outlook. It warned that California needs 3.5 times more solar energy (about 140GW) than it has today and seven times more energy storage capacity than it currently holds. The legislation also cut export rates for power sold back to the grid by around 75%.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
