Two homeowners with rooftop-solar systems initiated a class action lawsuit in Clark County District Court against Nevada Power, a utility part of Warren Buffet’s NV Energy, over the recent net metering rate changes approved by the Public Utilities Commission.
The changes took effect January 1st and now rooftop-solar systems owners are seeing a 40% increase in their monthly service charge, which will also double by the end of the decade, and the credits they receive for the excess energy they produce have been significantly reduced.
These new rates not only covers new rooftop-solar customers, but also existing installations.
The lawsuit alleges that Nevada Power provided false and/or incomplete information to the PUC in order for it to approve the net metering changes.
The plaintiffs seeks restitution for what they call “anti-competitive actions, deceptive and unfair trade practices, monopolization over the electric utility in Nevada, price discrimination and artificial price inflation.”
Several solar installers, including SolarCity, announced that they will cease sales and installations in Nevada after the state’s Public Utilities Commission approved the changes.
SolarCity described the situation as being the equivalent to giving a complete monopoly on solar to NV Energy.
Here’s the class action filing in full:
FTC: We use income earning auto affiliate links. More.