The Public Utilities Commission of Nevada (PUCN) voted 3-to-0 on Dec. 22 to approve a draft order proposed by Commissioner David Noble implementing new rates for NV Energy customers who participate in net energy metering.
The measure represents the commission’s effort to implement Senate Bill 374. The measure from the state legislature instructed the PUCN to examine rates applicable to net metering customers and to identify and eliminate any “unreasonable shifts in costs from net metering customers to other customers,” the PUCN had said in a news release.
NV Energy is a Berkshire Hathaway Energy company.
The plan is opposed by rooftop solar providers such as SolarCity (NASDAQ:SCTY) and Vivint Solar (NYSE:VSLR).
An analysis by the Bernstein Research firm concluded that the draft order, if adopted as written, “would severely damage the distributed solar market in the state.”