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This is not specific to only Nevada. Utility companies have started pulling back power-bill credits in other states too, just not as aggressive as Nevada. Arizo
by 20years 11y ago
This is not specific to only Nevada. Utility companies have started pulling back power-bill credits in other states too, just not as aggressive as Nevada. Arizona was effected last year which caused job loss and solar downsizing and this is happening in CA too.
Lots of state rebates are starting to go away and utility companies are pulling back on credits.
We worked with over 50 solar companies in 2013 to 2014. It was a gold rush during that time. 2015 was a completely different story and I think 2016 will continue in that downward spiral.
Solar companies really need to figure out a way to survive without state & federal rebates and utility company credits.
- ghaff 11y agoWhere I live (Massachusetts), the solar companies have started getting really aggressive with sales. Going door-to-door and camping out at the local home improvement store. Smells a lot like trying to get installs while the getting is still good.
- toomuchtodo 11y agoThere is a production tax credit that provides 30% off the system cost that eventually expires. EDIT: It behooves you to install a solar system on your dwelling sooner than later.
- 20years 11y agoYeah they are trying to get as many people in before the tax credit expires. It's going to be a much tougher sell after that happens.
- horsecaptin 11y agoHow does this trend play into California's new law that aims at 50% energy from renewable energy by 2030? Seems anti-competitive.
- 20years 11y agoSo far net metering is still at retail rates in CA but PG&E, SCE and SDG&E are fighting hard to change that. Ref: http://www.greentechmedia.com/articles/read/breaking-california-net-metering-2.0-keeps-retail-rates-for-rooftop-solar http://www.greentechmedia.com/articles/read/breaking-califor...