Governor Sandoval’s signing of the bill in Las Vegas will put an end to a year and a half of market interruption after regulators he appointed abruptly scrapped the policy.
Following a promise by Governor Sandoval to sign legislation re-instating net metering, the nation’s three largest residential solar companies have all said that they will return.
The RPS which now goes to Governor Sandoval’s desk is a step back from an 80% by 2040 proposal, and the net metering bill represents a compromise with NV Energy.
Governor Brian Sandoval signed Senate Bill 145 and several other bills late last week that will help re-establish a thriving solar industry — and encourage other renewables efforts in the state — after two years of regulatory repression.
The ongoing discussion in the Nevada legislature over a proposed modification of net metering in the state last week included a $1.3 billion estimate of the cost over 20 years from NV Energy.
After two brutal years of wrangling over what net-metering would look like, the Battle Born state is one step closer to seeing the practice (nearly) restored.
The Battle Born State may finally be seeing its two-year battle over net metering coming to an end – and rooftop installers, as well as residential and commercial/industrial customers should be pleased.
While declining sales of solar panels in Japan eroded the electronics giant’s earnings, Panasonic is holding on for growth driven by its collaboration with Tesla.
The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.
The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.
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