Bakersfield's Business Strategy: Solar in the Face of Soaring Costs

In Kern County, small and medium-sized business owners are gearing up to confront significant increases in energy costs. PG&E's will increase commercial rates by 12.8% from January 1, 2024.

This is scheduled to jump to an astounding 45% by 2026, which would mean an outrageous 89% commercial electricity rate increase since 2020. 

These steep hikes in energy expenses pose a serious challenge for businesses, emphasizing the urgency for efficient and economical energy options.

Navigating VNEM Modifications

If this wasn’t enough, Bakersfield businesses must also prepare for imminent changes in Virtual Net Energy Metering (VNEM), scheduled for February 14, 2024. 

These changes will significantly impact how energy is metered for businesses with large or numerous properties. The forthcoming regulations will limit each solar installation to one meter, potentially affecting the economic benefits of solar energy unless businesses act quickly. 

Understanding and adapting to these VNEM changes is critical for maintaining business efficiency and enhancing potential energy savings. In the evolving energy sector, adopting commercial solar is increasingly becoming a key strategic and appealing choice.

For more information on the changes to Virtual Net Energy Metering changes, visit https://calmatters.org/environment/2023/11/california-solar-payment/

If you would like to speak to a Sunistics consultant about your options, please contact us on customer@sunisticsgroup.com or make an appointment here.