Energy Sources Stories September 27, 2016

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Have you seen an all-electric commercial airplane before? Neither have we or anyone. But Luke Workman, a highly regarded battery designer, thinks that he has an idea that will make that become a reality in the not so distant future. He hopes to accomplish this through optimizing existing battery technology and designing the battery layouts in planes so that they become more efficient and effective for long distance travel.

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Energy Sources Stories September 26, 2016

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Solar Impulse, the same company that flew 26,000 miles (40,000 km) without one drop of fuel, has just recently been on record stating their plans to develop and launch a solar-powered satellite that would provide affordable accessibility for Wi-Fi and GSM connections to the masses by leveraging the solar and battery tech in their plane.

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Energy Sources Stories July 4, 2016

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In a new report released by SolarCity, we are seeing that solar power systems have a usable lifetime of at least 35 years – 40% longer than the market expects. The key finding of the report is that power degradation (annual efficiency loss) of solar panels supplied to SolarCity is as much as 35% lower than for a comparable industry-wide selection of non-SolarCity panels, which are typically expected to last for 25 years. SolarCity feels it is the implementation of a stringent and industry-leading “Total Quality Program” that has driven this. expand full story

Energy Sources Stories June 26, 2016

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Last week, Elon Musk announced his plan for Tesla to acquire SolarCity and fold the solar installer’s operations into Tesla’s own business. The offer is still contingent on board approval and shareholder votes at both companies,  but Electrek has now learned that the automaker is going ahead with trademark applications to sell solar products under its ‘Tesla’ brand. expand full story

Energy Sources Stories June 23, 2016

irvine powerpacks

Tesla’s energy division has had success in winning contracts for significant energy storage projects at educational institutions in California. Last year, we reported on Tesla installing battery packs at 3 high schools in the San Diego County school districts totalling 32 MWh of capacity. The company also signed a similar deal with the Temecula Valley district and last month, we reported on Tesla installing a 4 MWh project at the College of Marin in Marin County.

Now we learn that Tesla Energy won an important 12 MWh Powerpack contract with Cal State University (CSU). expand full story

Energy Sources Stories June 22, 2016

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Since Tesla announced its offer to buy SolarCity, which is still contingent on a vote by the shareholders, Wall Street has turned on the company with analysts issuing notes claiming that there’s little to no value in the deal. Barclays analyst Brian Johnson issued a note saying that he sees “little in the way of synergies and much in the way of cash burn.”

It’s not like Wall Street analysts have the best foresight, Johnson himself is ranked #2,713 out of 3,984 analysts on TipRank with an average return of -0.7%, but they represent the point of view of the financial sector.

As for the point of view from the actual customer offering/product side, a merger between Tesla and SolarCity will certainly open the door for some interesting product integrations and new distribution opportunities. expand full story

Energy Sources Stories June 21, 2016

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Today, Tesla (TSLA) announced that it submitted an offer to acquire SolarCity (SCTY), the leading solar installer in the US. Elon Musk is the largest individual shareholder of both companies. Due to his obvious interest in the deal, which is already being called a bailout by some shareholders, Musk decided to recuse himself from the vote at both companies and leave it to Tesla and SolarCity shareholders to decide on the possible consolidation of ‘Musk Industries’. expand full story

Energy Sources Stories June 10, 2016

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Yesterday, 9to5Mac.com reported that Apple Inc has founded a new, fully owned, subsidiary known as Apple Energy and that this entity had applied to the Federal Energy Regulatory Commission (FERC regulates power companies) to be able to sell electricity and other power grid services to anyone that is not a public utility. Does this mean that you can now buy clean electricity made on the roof of the Apple Spaceship? Unless you are a large corporate electricity user within 10-30 miles, probably not. However if we step back and take a broader view, something interesting is happening – the likes of Apple, Google, Ikea and others including even Walmart are showing us a small piece of the future of much smarter electricity grid owned by many instead of the few.

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Energy Sources Stories June 9, 2016

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Tuesday, SolarCity produced greater than 10GWh of solar electricity via its customer base. This doubles the 5GWh peak in 2015 and more than triples the 3GWh in 2014. SolarCity has over 280,000 customers and greater than 2.16GW installed as of the end of the first quarter – that volume is expected to grow 218MW in the second quarter and to be greater than 3GW before the end of 2016. The summer day peaks around June 20 – meaning we’ll probably see more records broken. expand full story

Energy Sources Stories June 5, 2016

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Much has been made about the coming SmartHome – it started with the Jetsons and their robots, however the reality has been a bit slow coming. Last week, EnergySage+WiseAir+Schneider launched an offer of $300 cash back if you install solar power and a smart thermostat. Back in February, SolarCity+Nest+Tesla introduced the “Smart Energy Home” that combines solar panels, battery storage, smart electric water heaters and the Nest Learning Thermostat. Vermont utilities are renting PowerWalls. It has become clear the home energy generation & management is on the path into powering the SmartHome.

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Energy Sources Stories May 31, 2016

Apple’s newest piece of retail art was revealed to shoppers in Union Square of San Francisco this month. As is Apple’s modus operandi these days they’re making sure to use clean energy to power the building. From the Apple press release, “The store is powered by 100 percent renewable energy, including power produced by photovoltaic panels integrated into the building’s roof.” BuildZoom – sees a 50kW Solar Electric system for an astounding $800,000! What exactly did Apple build?

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Energy Sources Stories May 26, 2016

GREEN ENERGY

Solar Power now has more employees than either the Oil & Gas or Coal Extraction industries in the United States. The solar industry employed approximately 208,000 individuals at the end of 2015 versus 185,000+ in oil and gas, or 190,000 in coal extraction. Solar power employment is expected to grow an additional 15% in 2016 to almost 240,000 individuals. Globally, solar power now directly employs 2.8 million people as the largest renewable energy employer.

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Energy Sources Stories May 24, 2016

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According to documents reviewed by Handelblatt, “it is likely that U.S. silicon supplier Hemlock will win a case it brought against Solarworld for allegedly not fulfilling a contract and claiming up to $770 million in damages.” SolarWorld recently reiterated their position that the probability of losing this case was ‘low.’ In earlier quarterly statements SolarWorld has also said that a victory by Hemlock is seen as, “possibly even threatening the continued existence of the company.” The verdict is expected on June 9, 2016. expand full story

Energy Sources Stories May 23, 2016

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As far as presidential candidates are concerned, it’s hard to find one with scarier implications for the planet than Donald Trump. As Politico points out, the presumptive Republican Presidential Candidate has called global warming “a total hoax,” “BS” and “pseudoscience.”

But that’s just the candidate trying to win the Republican endorsement for president. As a businessman with properties on the coasts, Trump takes a decidedly different tack… expand full story

Energy Sources Stories May 19, 2016

Where is the car?

In the above image in 1900, we see that there is a single car out of many horse drawn carriages in New York City. Within thirteen years it transformed into one of many cars and one horse. Technology disruptions made this happen – and the evidence from the past several decades seems to show that battery pricing, electric car design, autonomous technologies and solar power are all about to hit their thirteen year strides.

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Energy Sources Stories May 16, 2016

Rising Seas

According to Zero.ong, and brought to our attention by SolarCrunch, Portugal ran on renewable energy alone for 4 straight days last week. This 100% was preceded by more than 70 percent of its electricity from renewable sources of energy during the first quarter of 2013, and 63% for all of 2014. Portugal stopped burning coal in 1994.

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Tesla's newest product "Powerwall" is unveiled on stage in Hawthorne, Calif., Thursday, April 30, 2015. Tesla CEO Elon Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages. (AP Photo/Ringo H.W. Chiu)
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Tesla's newest product "Powerwall" is unveiled on stage in Hawthorne, Calif., Thursday, April 30, 2015.  Tesla CEO Elon Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages.  (AP Photo/Ringo H.W. Chiu)

Tesla CEO Elon Musk announced earlier this year that the company was already working on second generation Powerwall, Tesla’s home battery pack. He made the following comment during an exclusive event for Tesla owners in Paris:

“We are coming up with the version 2 of the Powerwall probably around July or August of this year, which will see further step changes in capabilities.”

Now it looks like the company is on or ahead of schedule with the updated device. A Tesla representative has confirmed some of the improvements featured in the new version and that installation will start “in the next few weeks.” expand full story

Energy Sources Stories May 15, 2016

Drake

It seems that whole cities are now going solar:

The Santa Monica City Council voted in April to approve an ordinance requiring rooftop solar systems for all new construction in the City of Santa Monica—both residential and commercial.

Santa Monica joins other California cities San Francisco, Lancaster and Sebastopol in implementing solar requirements at time of construction. The requirements will add between $3.27-3.54/sq ft in construction costs – 33-37% below current solar market prices. The energy savings will more than offset mortgage pricing increases – lowering ownership costs from day one.

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Energy Sources Stories May 9, 2016

Capture According to Agora-Energiewende, and brought to our attention by PV-Magazine.com, on Sunday at 11 AM, 95% of German electricity demand was being met by renewable energy. In one of the most advanced manufacturing countries on the planet – this is an amazing feat of engineering.

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Energy Sources Stories May 6, 2016

55229-2906493Caterpillar – the company known for building some of the biggest, baddest construction hardware on the planet has launched a new product line: CAT Microgrid Technology powered with Solar Power. Caterpillar’s product line is focused on mining, telecoms and remote communities, but a push by the likes of SolarCityThe State of New York and Community Solar, and you’ll soon see why Microgrids will reshape how your neighborhood gets it electricity.

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Energy Sources Stories May 5, 2016

Connecticut Municipal Electric Energy Cooperative and SolarCity have announced the development of 13 megawatts (AC) of solar power systems and at least 1.5 megawatts (6.0 megawatt hours) of energy storage systems located in southern Connecticut. (sample rendering) Source: http://www.prnewswire.com/
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Connecticut Municipal Electric Energy Cooperative and SolarCity have announced the development of 13 megawatts (AC) of solar power systems and at least 1.5 megawatts (6.0 megawatt hours) of energy storage systems located in southern Connecticut. (sample rendering) Source: http://www.prnewswire.com/

SolarCity will produce the electricity, Tesla Energy will store it – and the SolarCity Utilities Services will deliver it to you at night. Recently, Tesla said they would install more energy storage with Solarcity in 2016 than the USA installed in 2015. This morning SolarCity put out two press releases – one announcing the focus on Utility and Grid Services and a second regarding a 13MWAC solar power systems and at least 1.5 megawatts/6 megawatt-hour of storage with the Connecticut Municipal Electric Energy Cooperative (pictured above). Is all of this a warm up to build a (solar)city on Mars?

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Energy Sources Stories May 4, 2016

Tesla Energy delivered over 2,500 Powerwalls and nearly 100 Powerpacks (25 MWh total) to 4 continents last quarter

While not quite as exciting as its plans to move half a million EVs in 2 years, Tesla today also announced modest sales of its Energy products as part of its shareholder letter today.

Does a Carbon Tax make sense? Minnesota Judge suggests cost of carbon could be 10x more than previously thought

A judge in Minnesota suggested that the proper price of the greenhouse gas Carbon Dioxide should be between $11 and $57/ton, ten times larger than current Minnesota estimates. A judge in Washington State recently ruled that the threat of climate change is so urgent that the state must be placed on a court-ordered deadline to hold polluters accountable now. Politicians, Scientists and Economists are all seeming to focus on an Economics style solution to climate change. Are we on the cusp of energetic changes from a legal standpoint?

Energy Sources Stories May 3, 2016

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Dovolenk, designed by Architect/Owner David Komonosky, engineered by Q3 Engineering and built by Meeker Homes. Hardware – Dual Axis Trackers by Deger, BYD Solar Modules, BAE Batteries and Schneider Inverters.

Engineering that is designed right, looks good and drives both economic and environmental benefits – that’s what solar power done well can be. A couple of common homeowner questions are how will these solar modules look and what’s going to happen to my property value? expand full story

Energy Sources Stories May 2, 2016

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Dubai received bid of $.0299/kWh for 800MW of solar power. This price represents the lowest yet recorded for solar power (and might not represent the end of the price drops…).

Dubai Electricity and Water Authority (DEWA) has received 5 bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, said HE Saeed Mohammed AlTayer, MD & CEO of DEWA. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The next step in the bidding process will review the technical and commercial aspects of the bids to select the best one.

In the USA, in 2014 and with incentives, utility scale solar projects averaged $.05/kWh. On this bid alone, five companies bid below $.045/kW – without subsidies! expand full story

Energy Sources Stories April 25, 2016

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It looks like Tesla is about to change the battery game – this time by installing more energy storage capacity in 2016 with SolarCity alone than all of the USA installed in 2015. In a recent filing with the SEC, it was found that Tesla foresees an almost 10X increase in sales to SolarCity for behind the meter storage.

We recognized approximately $4.9 million in revenue from SolarCity during fiscal year 2015 for sales of energy storage products governed by this master supply agreement, and anticipate recognizing approximately $44.0 million in such revenues during fiscal year 2016.

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According to an analysis by GTM’s Ravi Manghan this revenue projection means Tesla expects to install approximately 116 MWh of behind the meter storage. In all of 2015, the United States installed about 76 MWh of behind the meter. Starting from a very low base, SolarCity and Tesla Energy doubled their battery installation volume last year. These were small installations at test locations for special customers, but that wall of ‘start up’ is already starting to fall. expand full story

Energy Sources Stories April 22, 2016

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Today is the 46th Earth Day. Though from the perspective of the earth, it’s probably closer to its 1.6 trillionth day. Nonetheless, Earth Day is supposed to be an occasion to demonstrate your support for environmental protection.

You can show your support in very simple ways like using less energy or finally recycling those dead batteries that have been piling up in your junk drawer, or you can try to pick up some new habits and initiate yourself to new and greener technologies. expand full story

Energy Sources Stories April 21, 2016

Tesla's newest product "Powerwall" is unveiled on stage in Hawthorne, Calif., Thursday, April 30, 2015. Tesla CEO Elon Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages. (AP Photo/Ringo H.W. Chiu)
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Tesla's newest product "Powerwall" is unveiled on stage in Hawthorne, Calif., Thursday, April 30, 2015. Tesla CEO Elon Musk is trying to steer his electric car company's battery technology into homes and businesses as part of an elaborate plan to reshape the power grid with millions of small power plants made of solar panels on roofs and batteries in garages. (AP Photo/Ringo H.W. Chiu)

We have been covering a lot of departures from Tesla’s executive team lately.  Tesla’s Vice President of Regulatory Affairs and Deputy General Counsel, James Chen, left the automaker earlier this month. Chen left after two other VPs did the same just a few weeks before, VP of Finance and Worldwide Controller, Michael Zanoni, and Ricardo Reyes, Tesla’s VP of Global Communications.

But now we change the pace as we learn that Ardes Johnson, a long-time former GE sales executive and more recently SolarWorld’s Vice-President of Sales in the US, joined the automaker to lead the new sales team in its ‘Tesla Energy’ division. expand full story

SunEdison (SUNE) officially files for bankruptcy – Wall Street couldn’t wait

SunEdison has officially filed for bankruptcy. This has been expected by some players as far back as the 3rd quarter of 2015. SUNE has been a big player in the solar industry for a long time as they’ve strived to become the biggest global developer. By aggressively going after growing markets around the world and innovating with Solar Power YieldCos it looked like SunEdison might make it as well. Now, both SunEdison and their YeildCo is being sued. Alas…this party has come to an end.

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Ray Kurzweil is known for inventing things, wanting to live forever, The Singularity and – of relevance in this article – Exponential Growth of technology, like solar power. Recently, during a medical device presentation, Kurzweil reiterated his predictions that solar power will continue to double its global capacity every two years and six more times in the next twelve years. Some charts look suspiciously like they’re shooting upward just ahead of his predicted pace. Personally, being in the field day to day, as a Project Developer, it is hard to believe that solar power might install such volumes in the next twelve years – but ten years ago, when I got into the industry, I never thought it’d grow like it has. expand full story

Energy Sources Stories April 18, 2016

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SunEdison, the world’s largest renewable-energy developer, has been going through some serious financial troubles for a while now and could reportedly file for bankruptcy as soon as this week. Its stock (SUNE) lost 98% of its value over the past 12 months and people are starting to jump ship.

Through the troubles, Electrek has learned that Tesla hired a key member of SunEdison’s energy storage team. expand full story

Energy Sources Stories April 14, 2016

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With South Africa’s electricity rates set to increase by 9.4% this year and the country’s unstable grid prone to outages, home energy storage systems are expected to become quite popular in the region. Tesla is aware of the opportunity and opened an office in the country earlier this year to develop the market for its ‘Tesla Energy’ products: the Powerwall and Powerpack.

Now we learn though a new report from Bloomberg that Enel Green Power SpA, the renewable energy unit of Italy’s biggest utility, is offering a “home-power kit”, which includes a Tesla Powerwall, to the South African market. expand full story

Energy Sources Stories March 22, 2016

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SolarCity’s Solar Bond Program is looking more and more like SpaceX’s private investment platform. After market close yesterday, SolarCity revealed in a SEC filling that it expects Elon Musk’s rocket company to buy $90 million of the $105 million in new Solar Bonds issued.

Last year, SpaceX already purchased solar bonds from SolarCity on two separate occasions: another $90 million followed by $75 million. SpaceX’s involvement in SolarCity’s Solar Bond Program is set to total around $255 million, which should help finance a lot of solar installations. expand full story

Energy Sources Stories March 17, 2016

Rive Gigafactory

In an effort to lobby Nevada lawmakers for the development of solar energy following the Public Utilities Commission’s decision to slash net metering, Tesla CEO Elon Musk and SolarCity CEO Lyndon Rive organized an event Wednesday night at the Gigafactory for Nevada politicians and top government officials.

Tesla and SolarCity executives held presentations meant to be “forward-looking and educational” and the whole event also included a tour of the Gigafactory. expand full story

Energy Sources Stories March 14, 2016

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France-based automaker Renault recently confirmed having signed a letter of intent with Utrecht City Council, ElaadNL and LomboXnet to develop a Franco-Dutch framework of smart solar charging solutions for electric vehicles.

Under the agreement, Renault would supply a fleet of 150 Renault ZOE models through 2017 to the Dutch city, while ElaadNL would manage the required infrastructures and the smart-charge standard, and LomboXnet would take care of the installation of the charging stations. expand full story

Energy Sources Stories March 8, 2016

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SolarCity and Whole Foods announced an important deal today that will see up to 100 solar power systems installed at Whole Foods Markets across the country. SolarCity’s stock is up 7% following the news. expand full story

Energy Sources Stories March 1, 2016

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In a rare interview this week, Billionaire CEO of Berkshire Hathaway Warren Buffett discussed his reason for successfully lobbying for a change in net metering in Nevada, where Buffett owns the state’s largest electric utility, that effectively stopped the growth of residential solar installations in the state. expand full story

Energy Sources Stories February 29, 2016

GULF OF MEXICO - APRIL 21: In this handout image provided be the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. An estimated leak of 1,000 barrels of oil a day are still leaking into the gulf. Multiple Coast Guard helicopters, planes and cutters responded to rescue the Deepwater Horizon's 126 person crew. (Photo by U.S. Coast Guard via Getty Images)

GULF OF MEXICO – APRIL 21:  U.S. Coast Guard fire boat response crews battle the blazing remnants of offshore oil rig

The Bloomberg New Energy Finance report that came out last week (press release at bottom) says that in 25 years, electric vehicles will make up just 35% of new car sales. That means that in a generation from now, 65% of people will still be buying petroleum-based cars. It is hard to imagine a world where this few EVs makes any sense, even given BNEF’s own data.

The report and the numbers it presents are much too conservative for any reasonable circumstance. Take its own lede for instance:

Continuing reductions in battery prices will bring the total cost of ownership of EVs below that for conventional-fuel vehicles by 2025, even with low oil prices.”.

Why would anyone buy a gasoline car when an electric or even a plug-in hybrid costs less than a gas car? Electric cars are cleaner, quieter, faster and  safer than equivalent oil cars. Keep in mind that 2040 is 15 years after the cost of an electric car passes parity with oil in their scenario. Furthermore, by Bloomberg’s own estimates, batteries will reach less than one-third of today’s break-even prices.

At the core of this forecast is the work we have done on EV battery prices. Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in.”

In fact, under certain reasonable circumstances, it costs less to own a Chevy SparkEV than a comparable gas version today. Fleet vehicles too. If you drive a lot and gas isn’t cheap but electricity is, the numbers already make sense.

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The US department of energy has a handy calculator (above, current prices) which shows that in every state in the union, even with insanely cheap gas prices, it is still on average 50% cheaper to run on electricity than on gasoline. That means once battery/electric engine powertrains reach parity with combustion, it is really game over for oil.

So somehow 65% of people in the year 2040 will want to pay a huge premium for a fossil fuel engine car? Even if the world weren’t heating up this makes no sense at all… expand full story

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Elon Musk shines in MIT Technology Review’s recently published top 10 list of technology breakthroughs of 2016. According to the MIT, the list “identifies innovations from the past year that solve difficult problems or create powerful new ways of using technology”.

Tesla and SpaceX CEO Elon Musk is directly involved in 3 of the 10 projects identified by the MIT. expand full story

Energy Sources Stories February 25, 2016

solarcity powerwall

Solar installer SolarCity announced this week a new package combining solar panels, battery storage, smart electric water heaters and the Nest Learning Thermostat in order to “prevent energy from being exported back to the grid”, says the company in a new press release.

The system, called ‘Smart Energy Home’, will first be offered in Hawaii, where the company had problems with the local electric utilities before. expand full story

Energy Sources Stories February 24, 2016

powerwall memodo

Germany-based solar energy component supplier Memodo confirmed having received a large shipment of Tesla Powerwalls this week and that installations will start soon.

Memodo CEO Daniel Schmitt claims that his company is the first Tesla Energy distributor to receive the new home battery pack in Germany and he shared the picture seen below. expand full story

Energy Sources Stories February 16, 2016

kauia

Last week we reported that SolarCity more than doubled its battery pack business with Tesla Energy in 2015 versus the previous year, and the trend is set to continue as the solar installer confirmed today that it selected Tesla’s energy division to supply its massive energy storage project on Kaua’i Island in Hawaii.

We reported on the project last year when SolarCity announced its power purchase agreement (PPA) with Kaua’i electric utility (KIUC) for two 12 MW solar arrays and their intention to install 52 MWh of energy storage. expand full story

Energy Sources Stories February 10, 2016

solarcity powerwall

SolarCity published its earnings for the fourth quarter and full year 2015 yesterday. The company’s stock price fell 25% following the results, mainly because of lower than expected guidance for the first quarter 2016 and a miss in installed solar capacity following its exit from Nevada, as well as difficulties completing a few commercial projects on the east coast.

On a more positive note, we learn from the company’s SEC filing that it more than doubled its battery pack business with Tesla Energy in 2015 versus the previous year, despite the market for home energy storage only being in its infancy. expand full story

Energy Sources Stories February 5, 2016

solarcity_installers

SolarCity, the largest residential solar installer in the US, employs a grid engineering team to integrate its systems and evaluate the impact on the grid. The company decided this week to publish the team’s findings in a white paper titled: “A Pathway to the Distributed Grid”. expand full story

Energy Sources Stories January 29, 2016

first powerwall in australia

The first Tesla Powerwall for residential use in Australia has reportedly been installed in a Sydney suburb this week. Nick Pfitzner was one of the first to reserve an installation with Natural Solar, an official Tesla Energy distributor, and the Pfitzner family finally received their home battery pack this week. expand full story

Energy Sources Stories January 25, 2016

4 SolarCity now 2

Recent local news reports in Buffalo reveal that SolarCity’s “Gigafactory” is nearing competition. The exterior has been looking pretty much complete for quite some time now (see picture above), but there’s still work to be done inside the plant, which is why 950 crew members are currently on site to get it online in about 6 months. expand full story

Energy Sources Stories January 19, 2016

solarcity_installers

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. expand full story

Energy Sources Stories December 24, 2015

solarcity_installers

SolarCity announced yesterday that it will cease sales and installations in Nevada after the state’s Public Utilities Commission approved a 75% reduction of the price electric utilities pay for electricity generated from rooftop solar. The new rule makes net-metering uneconomical and “effectively shut down” the homeowner and 3rd party-owned rooftop solar industry in Nevada, giving a monopoly to utility-owned systems. expand full story

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