Solar Firms Plan To Return To Nevada After New Law Restores Incentives

"Some of Nevada's largest solar installation companies plan to resume doing business in the state. For the past year-and-a-half Tesla (formerly SolarCity) and Sunrun stopped seeking new customers in this sunny part of the country because the state's Public Utilities Commission chose to phase out incentives for homeowners who install rooftop solar panels.

Now, Republican Gov. Brian Sandoval plans to sign into law a bill that brings back 'net metering.'

Net metering has been a key reason for the rapid growth of the residential solar power business across the U.S. It allows homeowners with solar panels to sell excess electricity to their utility at retail instead of wholesale rates. This appeals to many homeowners because they can do something good for the environment and save money on their energy bill."

Jeff Brady reports for NPR June 7, 2017.

Source: NPR, 06/09/2017