While NV Energy decries rooftop solar “cost shift”, it is over-profiting from its customers by tens of millions
NV Energy continues to make dubious claims that rooftop solar would raise customers' bills. But the utility itself has over-profited from its customers by $180 million over the last five years.
Utilities will keep attacking rooftop solar, sometimes using customers' money to do it. But in the long run, they cannot win.
The Nevada Assembly passed a bill that would increase the growth of renewable energy in the state, but Sheldon Adelson, the casino magnate and major donor to Donald Trump, is attempting to prevent the bill from becoming law.
The largest utility company in Nevada, NV Energy, worked in 2015 to stop any attempt to increase the state’s net metering cap, which solar installers had predicted would be met sometime in 2015. After reaching the solar net metering cap,...