SolarCity Exits Nevada After State Slashes Net Metering

By | December 23, 2015

Scalper1 News

Solar panels now won’t deliver nearly as good a return on investment in Nevada, where the axe has just fallen on net metering. Regulators there voted late Tuesday to slash the rate that solar households and businesses get for selling energy to utilities. The battle pitted companies helmed by billionaires Warren Buffett and Elon Musk against each other. SolarCity (SCTY) announced shortly before Wednesday’s close to exit the market Scalper1 News

Scalper1 News