Nevada Legislature Passes Bill to Restore Net Metering for Rooftop Solar

By [email protected] The Nevada State Legislature has passed a bill that’s expected to revive the state’s ailing rooftop solar market. The Assembly voted to approve a Senate version of the bill late Sunday night, with just a day remaining in the legislative session.

The bill (AB 405) would reinstate net energy metering for residential solar projects, but at a discounted compensation rate.

AB 405 would immediately allow rooftop solar customers to be reimbursed for excess generation from a solar system at 95 percent of the retail electricity rate. Over time, though, customer compensation would decline. The amended bill would create tiers, where

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