Nevada reaches cap on net metering; solar fight continues - FOX5 Vegas - KVVU
this video pretty much says it all. I hate to say it, but roof top solar is done in Nevada. The NV Energy proposal is bad, but the actual PUCN staff proposal is even worse. It's as if their own independent NEM study doesn't exist. This is really bad stuff in Nevada.
I'm expecting a lot of lay off announcements from many rooftop solar companies late next week, save only some very slim chance of a reversal of PUCN sentiment between now and Wednesday.
Mind you, Nevada was only a 235MW capped market, but it had potential to be a multi 1000MW market if rooftop had its chance.
The disgusting thing about this is rooftop customers have to be connected to the grid. Even if they wanted, they couldn't remove themselves, so they have to take whatever they get from NV Energy. Secondly, NV Energy made over $719mln in profit last year, up 27% over 2013. They made more profit then then entire Las Vegas Strip! How it is that they say solar is shifting costs and causing NV energy to raise rates is beyond laughable. Extortion actually comes to mind.
im wondering how the tesla gigafactory renewable plan is going to pencil out now? Buffet is also owns electric vehicle manufacturer, BYD... Could he trying to make problems for Tesla here as well? Governor Sandoval is going to have to step up here if he intends to be around much longer.