4 ms·
I did a quick search and it looks like Wikipedia has a reasonable summary: https://en.wikipedia.org/wiki/Net_metering_in_Nevada https://en.wikipedia.org/wiki/N
by kxyvr 9y ago
I did a quick search and it looks like Wikipedia has a reasonable summary:
https://en.wikipedia.org/wiki/Net_metering_in_Nevada https://en.wikipedia.org/wiki/Net_metering_in_Nevada
At issue was whether or not homes with solar could sell their electricity at the retail rate or the wholesale rate. There was conflict between Buffet and Musk because Buffet owns the power company NV Energy whereas Musk works in the business of solar. All that said, it looks like AB 405 moves pretty closely back to the old system where solar customers can sell power back at 95% of the retail rate.
Anyway, power is and probably should be tightly regulated. It's worth having an open conversation as to how much money a solar customer should be paid for selling power onto the grid just like we have regulations for all of the other power producers. That doesn't mean they have to be the same regulations, but setting and moving the rate number isn't inherently good or bad.