"Nevada Regulators Restore Net Metering for Existing Solar Customers"

"After months of legal and regulatory battles, Nevada utility regulators have unanimously approved a motion to restore retail-rate net metering for the state’s 32,000 existing solar customers.

Today’s vote endorsed a deal negotiated by SolarCity, the Bureau of Consumer Protection, NV Energy and Public Utilities Commission staff. The agreement allows all customers who applied for a residential solar system before December 31, 2015 to be grandfathered for 20 years under Nevada’s original net-metering tariff that was eliminated late last year. The decision sets a cutoff date on November 30, 2036.

'This agreement is a victory not only for 32,000 solar customers in Nevada, but also for all Americans who expect these investments to be protected,' said Jon Wellinghoff, chief policy officer for SolarCity, when the agreement was filed earlier this week."

Julia Pyper reports for Greentech Media September 16, 2016.