How Much Do Solar Panels Cost Versus Grid Electricity in 2023?

[@Starbolero-i1d]

Thanks, do you have any updates for this math for California NEM 3.0, ie needing a battery and inverter system

[@solardotcom]

Hi, great question. We have several videos on going solar in NEM 3.0, but the gist is that solar + battery is the default option for maximum savings under NEM 3.0. Fortunately, the industry has responded with some really great new batteries that are around 20-30% less expensive than traditional batteries. Plus, electric rates at the IOUs are forecasted to increase by 6-10% through at least 2026, which makes the savings potential of solar even greater.