Governor Sandoval of Nevada signed legislation to restore net metering in the state today, to the joy of the solar industry.
What an amazing day! Thank you to all the #cleanenergy leaders in #NVLeg. It’s a new day for #solar in Nevada! pic.twitter.com/m3zFIEd430
— Sunrun Policy (@sunrunpolicy) June 15, 2017
According to SEIA, the state lost approximately 2,600 jobs after the Public Utilities Commission of Nevada eliminated net metering in late 2015.
The new AB 405 “establishes an updated net metering policy that encourages home solar and provides strong solar consumer protection measures, including a “Bill of Rights” for solar customers that SEIA strongly supports,” according to SEIA.
SEIA sent out a statement from Sean Gallagher, vice president of state affairs:
“Governor Sandoval deserves credit for his leadership on solar. History will show that today Nevada took an important step that will return it to its rightful spot as a top solar state. This law will give homeowners and businesses who may have wanted to go solar the assurances they sought, and we expect strong solar growth and jobs to follow. We applaud Assemblymen Watkins, Brooks, Yeager, and Fugo and Senators Ford, Atkinson, Manendo and Spearman for their efforts to prepare and pass this bill out of the legislature.”
Solar companies that previously left the state have already started to move business back to Nevada a result of the new law. Sunrun and Vivint Solar both issued press releases saying they will re-enter the Nevada market because of the net metering restoration.