08 Aug '18, 3pm

Nevada Hits Milestone For Newly Revived Rooftop Solar Market - Solar Industry

Nevada Hits Milestone For Newly Revived Rooftop Solar Market - Solar Industry

Demonstrating the rooftop solar industry’s revival in Nevada, the state’s Public Utilities Commission (PUC) has announced the fulfillment of the first tier of the new net energy metering (NEM) program. Over the weekend, according to the PUC, the applied-for and actually installed capacity for the rooftop solar NEM program in Nevada exceeded a combined total of 80 MW under the Tier I excess energy credit rate structure, which was established last year by A.B.405 , a bill to restore NEM in the state. In late 2015, the PUC ruled to significantly reduce NEM buyback rates, hindering Nevada’s rooftop solar market. In turn, Tier II is now officially open, says the commission, which makes note that Tier I will continue to remain open until it reaches a total of 80 MW of actually installed capacity. Under A.B.405, NEM customers in the Tier II category will receive an excess energy ...

Full article: https://solarindustrymag.com/nevada-hits-milestone-for-ne...

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