NV Energy and The Alliance for Solar Choice Announce Net Metering Compromise

CARSON CITY, Nev., May 25, 2015 /PRNewswire-USNewswire/ -- NV Energy and The Alliance For Solar Choice (TASC) today announced joint support for the following Amendment to SB 374.
As amended, SB 374 would:

• Define the existing 3% net metering cap to be 235 megawatts. This 235 megawatts will be the maximum amount of net metering permitted under the current net metering rules until December 31, 2015.
• Require the Public Utilities Commission of Nevada to design a future net metering tariff, with wide latitude for the Commission to structure that tariff.
• Require the Commission to finalize the new tariff by December 31, 2015. Should the Commission not meet this deadline, the existing net metering tariff will remain in place until the Commission finalizes the new tariff.

TASC and NV Energy thank the following for their support in this process: The Governor's Office, State Senator Patricia Farley, State Senator James Settelmeyer, State Senator Kelvin Atkinson, the Public Utilities Commission of Nevada, the Nevada Bureau of Consumer Protection, and Rose McKinney-James, representing Bombard Electric, LLC.

About The Alliance For Solar Choice
The Alliance for Solar Choice (TASC) leads the rooftop solar advocacy across the country. Founded by the largest rooftop companies in the nation, TASC represents the vast majority of the market. Its members include: Demeter Power; Silevo; SolarCity; Solar Universe; Sunrun; Verengo; and ZEP Solar.

About NV Energy
NV Energy, Inc. provides a wide range of energy services to 1.3 million customers throughout Nevada and nearly 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.

TASC Contact: Sevasti Travlos ([email protected])
NV Energy Contact: Jennifer Schuricht ([email protected])

SOURCE The Alliance for Solar Choice

Related Links

http://allianceforsolarchoice.com