The December 2016 PUCN order directs NV Energy to reallocate this savings to future new solar net metering customers (1,250 if all residential). In its filing made today, the company argues that the December order takes the savings that were intended for a larger customer base and directs them to this small subset of future solar net metering customers.
The company's filing also notes that the decision to apply the cost savings to this single class of private solar net metering customers is inconsistent with the October 2016 agreement reached with the Regulatory Operations Staff of the PUCN, the Bureau of Consumer Protection, Northern Nevada Industrial Electric Users, Northern Nevada Utility Customers, Newmont Mining, a coalition of local governmental entities, Nevadans for Clean Affordable Reliable Energy and Vote Solar.
In its filing today, NV Energy acknowledges the difficult decisions the PUCN faced in a very complex legal proceeding that was subject to significant evidence, testimony and diverging viewpoints. The company commended the PUCN for acknowledging in its order the following important findings:
- Net metering customers do not "go off the grid" and should be treated as a separate class of customers because they use the electric grid both to get and to deliver electricity to the grid.
- The establishment of a fair and equitable pricing structure is important to all Sierra Pacific electric customers, including those who make the decision to utilize private solar generation and those who do not.
- Credit for excess electricity energy that is delivered to the grid by private generation solar customers should be valued at a rate that is competitive with other solar options available to NV Energy. The PUCN establishes that competitive rate, in the short term, at 2.5 cents per kilowatt hour.
The PUCN has 40 days to grant or deny the request.
NV Energy, Inc. provides a wide range of energy services to 1.3 million customers throughout Nevada and more than 40 million tourists annually. NV Energy is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, are doing business as NV Energy. The company is headquartered in Las Vegas, Nevada. Information about NV Energy is available on the company's website, Twitter, Facebook and YouTube pages, which can be accessed via nvenergy.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nv-energy-asks-public-utilities-commission-to-reconsider-decision-to-reallocate-292-million-annual-rate-savings-to-new-solar-net-metering-customers-300390618.html
SOURCE NV Energy