Monday, February 15, 2016

In Latest Blow to Solar Users, Nevada Sticks With Subsidy Cuts

Angry solar customers did not sway the Nevada Public Utilities commission from cutting popular subsidies for clean energy. (Photo Credit: SolarCity) Click to Enlarge.
Nevada utility regulators dealt their latest blow to the state's solar industry on Friday, refusing to reconsider their recent decision to gradually erase the state's popular solar subsidies.

Regulators did, however, decide in a 3-0 vote to give solar users more time to adjust to the new rules, slowing the phase-in of the subsidy reductions from four to 12 years.

Solar advocates were disappointed by the regulators' decision, which they said dims the future for the rooftop solar industry in Nevada.

Read more at In Latest Blow to Solar Users, Nevada Sticks With Subsidy Cuts

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