WHEN President Obama proclaimed in his State of the Union address last month that “solar is saving Americans tens of millions of dollars a year on their energy bills,” he clearly wasn’t talking about Nevada.
In late December, the state’s Public Utilities Commission, which regulates Nevada’s energy market, announced a rate change drastic enough to kill Nevada’s booming rooftop solar market and drive providers out of the state. Effective Jan. 1, the new tariffs will gradually increase until they triple monthly fees that solar users pay to use the electric grid and cut by three-quarters users’ reimbursements for feeding electricity into it.
More startlingly, the commission made its decision retroactive.
Continue reading: Nevada’s Solar Bait-and-Switch