How The Narayen Family Fought Back Against Energy Inflation In NEM 3 — And Saved $79,574
Read More To Learn how we helped our clients slash energy bills and achieve significant long-term savings under the new NEM 3 policies
- Over $79,574 In Net Lifetime Energy Savings
- Full System Payback In Just 5 Years & 8 Months Under NEM 3
- Protected Against Yearly 8% Increase In Electricity Rates
- 30% in rebates and incentives helped reduce total install cost
The Challenge: Rising Costs & Reduced Incentives Under NEM 3
The Narayen family a family of 5 with an electric car recently purchased a new home about 5 months ago
They had previously gone solar with us in their previous house under NEM 2 and wanted to achieve similar solar benefits under NEM 3 in their new house.
They were worried they wouldn't achieve similar benefits due to net metering change under NEM 3 significantly reduced the number of credits they would receive from PG&E. But, we had a solution
Problems
- Their electricity bill was increasing 7–9% every year
- PG&E's new NEM 3 rules reduced solar export rated reducing benefits
- Concerned they'd lose out on the benefits they had under NEM 2
- They wanted to maximize their Electric Vehicle savings
They Hired Us, Evolution Solar
As previous clients, the Narayens came back to us because of the great experience they had the first time around.
From system design to installation — everything was done fully in-house, which allowed us to complete the entire project in just 2.5 weeks.
At Evolution Solar nothing is outsourced to 3rd party vendors, which allows us to provide the best prices, quickest installation turnaround and best customer service
Why evolution solar?
- Chose us again for our top-rated service and 18% lower pricing compared to other companies quotes
- In-house design + install = faster completion and better value
- Flexible financing options with payments lower than their utility bill
System Details: Designed to Offset Their Energy Usage
The Narayen Family would consume on average 12,389 kWh per year.
To offset this we installed a 8.60kW system that consisted of 20 Q.TRON BLK M-G2+ Solar Panels
We also installed 1 Lunar solar battery to maximize their savings under NEM 3.0 and so they could own their entire energy production, plus be protected against blackouts
Results: Full Energy Independence + Long-Term Savings
The Narayen family now fully owns their electricity production and are protected from blackouts
The Narayen family no longer have to worry about PG&E annual rate increases
The Narayen family received roughly 30% in rebates and tax incentives to install their solar system, significantly reducing the cost of their system
Results
- Over $79,574 In Net Lifetime Energy Savings
- Full System Payback In 5 Years & 8 Months Under NEM 3
- 4.1% Increase in property value, according to Zillow
What If They Financed Their System?
With our zero-down financing, the Narayen's would've paid just $270/month — that's $83 less than their old $326/month utility bill. The best part? This is a fixed cost and never goes up
benefits:
- Lock in a fixed monthly payment instead of rising utility rates
- Avoid out-of-pocket costs with $0 down
- Gain energy independence, if not their energy bill could double by 2032
Let's Help You Achieve Similar Results
Become our next client success story and take control of your energy bills today! Get a free no obligation personalized quote!