Established Energy Continues It's War on Renewables
Nevada Regulators Eliminate Retail Rate Net Metering for New and Existing Solar Customers
SolarCity and Vivint said the decision would force them to shut down operations in the state.
by Julia Pyper
December 23, 2015
Update: On Wednesday, SolarCity announced it would halt operations in Nevada.
"This is a very difficult decision but Governor Sandoval and his PUC leave us no choice. The people of Nevada have consistently chosen solar, but yesterday their state government decided to end customer choice, damage the state's economy, and jeopardize thousands of jobs," said SolarCity CEO Lyndon Rive. "The PUC has protected NV Energy's monopoly, and everyone else will lose. We have no alternative but to cease Nevada sales and installations, but we will fight this flawed decision on behalf of our Nevada customers and employees."
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The Nevada Public Utility Commission voted unanimously in favor of a new solar tariff structure on Tuesday that industry groups say will destroy the Nevada solar market, one of the fastest-growing markets in the country.
The decision increases the fixed service charge for net-metered solar customers, and gradually lowers compensation for net excess solar generation from the retail rate to the wholesale rate for electricity, over the next four years. The changes will take effect on January 1 and will apply retroactively to all net-metered solar customers.
The broad application of the policy sets a precedent for future net-metering and rate-design debates. To date, no other state considering net-metering reforms has proposed to implement changes on pre-existing customers that would take effect right away. Changes are typically grandfathered in over a decade or more.
Most disturbing is the Commissions decision to retroactively sabotage existing solar customers investments ...
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