Under the new net metering policy (NEM 3.0) set to take effect in Illinois on January 1, 2025, customers with solar systems will see some significant changes in how their solar energy is compensated by ComEd.

1. Buyback Rate Changes: For every two kilowatt-hours (kWh) sent to ComEd, net metering customers will receive a credit for one kWh. This marks a shift from the previous full retail rate compensation for energy sent back to the grid.

2. Eligibility for Retail Rate Net Metering: Customers will need to have their solar project installed and interconnected to the grid before January 1, 2025, to qualify for the full retail rate net metering. After this date, new customers will not be able to benefit from this higher compensation structure.

3. Cash Credits on ComEd Account: The credits received from sending excess energy to the grid will be reflected on the customer's ComEd account as cash credits. This means that the compensation for the energy contributed back to the grid is not a flat rate but rather a credit that adjusts based on the energy exported.

For more details, you can refer to the official resources here:

• FAQs Related to Changes in Net Metering - Consumer Facing
• ComEd's Net Metering Policy

It would be advisable to check your specific billing and compensation setup with ComEd to understand how these changes will impact you individually.

Sources

In Illinois Net Metering is changing effective 1/1/2025 : r/solar - RedditIllinois new Net Metering 2025: changes you need to know and how ...[PDF] FAQs Related to Changes in Net Metering in Illinois: AV2025 Commonwealth Edison (ComEd) Net Metering | EnergySage[PDF] FAQs Related to Changes in Net Metering in Illinois: Consumer-FacingChanging NEM Rates Across the US | Electricity Rates - Currents[PDF] Energy Ef 2025 Changes to Net Metering - Contentstack

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