Published: Sat, June 17, 2017
Economy | By Melissa Porter

Governor Signs Bill Restoring Rooftop Solar in Nevada

Governor Signs Bill Restoring Rooftop Solar in Nevada

The bill incorporates a discounted rate for energy that is sent to the grid, allowing all Nevada homeowners with rooftop solar to get credit when they export electricity back to their utility.

As a result of a new bill just signed into law, Nevada residents will receive higher credits for solar power from rooftop panels, opening the door for Tesla and other solar sellers to kickstart operations again. Sunrun and Vivint Solar also said they will return to the state. "We applaud Assemblymen Watkins, Brooks, Yeager, and Fugo and Senators Ford, Atkinson, Manendo, and Spearman for their efforts to prepare and pass this bill out of the Legislature".

There's stilll no word on whether Sandoval will sign two more pieces of clean energy legislation, with attention particularly focused on boosting the state's renewable energy usage.

Under the revised rules, rooftop solar customers will be compensated at 95% of the retail electricity rate for energy sent back to the grid. This comes 18 months after the state's Public Utilities Commission took an ax to the policy, throwing the state's solar market into chaos and reducing behind-the-meter installations 39% from 2015 to 2016. The credit declines overtime in 7 percent increments for every 80 megawatts of rooftop solar energy deployed, until it reaches a floor rate at 75 percent of the retail rate. In December 2015, utility regulators upended state law in an abrupt decision to eliminate solar net metering, blindsiding Nevada's solar industry and almost 30,000 rooftop solar customers.

Net metering returns to Nevada.

Gov. Brian Sandoval signed a bill Thursday at Tesla Energy Warehouse in Las Vegas that he says will also restore hundreds of solar-related jobs. Additionally, 10% of community solar garden capacity would be available to low-income ratepayers and service organizations.

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