Louise Helton, owner of solar installation company in Las
Vegas, 1 Sun Solar, explains
"Solar is a political animal. It shouldn't be but it
always has been."
In December 2015, the Public Utilities Commission of Nevada
(PUCN), appointed by Nevada Republican Gov. Brian Sandoval, voted to slash net
metering credits and raise fixed fees on solar customers by 40 percent, making
it prohibitively expensive for most Nevadans to go solar, and also making it
uneconomical for the over 17,000 people who had already switched to solar
power. Many solar rooftop companies shut down, hundreds of solar workers lost
their jobs and homeowners are left with higher energy bills than if they would
never have gone solar. The new net metering rate plan was enacted in response
to complaints from NV Energy that solar customers were shifting over $16
million in fixed costs annually to non-solar customers. The PUCN sided with NV
Energy's numbers, disregarding its own independently commissioned study that
showed there are no significant costs to non-solar customers from people
installing solar on their houses. The same body refused to protect existing solar
rooftop customers’ investments for 20 years under the old rates. The PUCN instead
voted a compromise to give solar customers more time to adjust to the new rules,
slowing the phase in of new rates from four to 12 years. That decision, for
phased implementation, according to solar supporters, does nothing to remedy
the irreversible damage already done. People are now paying NV Energy for the
privilege of providing them with solar energy.
The power struggle over power in Nevada is not unique. Similar
fights are playing out all over the country as regulated monopoly utilities
fight for control over who gets to own power generation. It's not just in
Nevada, but states like Oklahoma, Nebraska and Texas that are pursuing
regressive laws and fees on modern energies. This is a blatant power move to
keep control in the hands of NV Energy. Solar is booming in the United States,
in part because of a precipitous drop in the price of panels and a 30 percent
federal solar tax credit, which was extended in December 2015. Currently, as a
regulated monopoly, NV Energy is guaranteed a profit by the government. The
utility is allowed a 10.5 percent return on equity.
Rooftop solar customers supply power to the grid during peak
energy use times and then are credited an equal number of kilowatt-hours if
they supply more than they use, hence the net in net metering. There is no 10.5
percent profit in this arrangement for NV Energy. If, however, NV Energy builds
a new gas-fired power plant, they will be able to increase customer rates to
pay for it and make that profit. Purchasing energy from myriad energy
suppliers, which is what rooftop solar customers are, rather than building a
new gas-fired power plant, would most likely be cheaper for their customers but
they are not guaranteed a profit by the government. It makes sense that Warren
Buffett's Berkshire Hathaway purchased NV Energy in 2013 for $5.6 billion.
"Owning utilities isn't a way to get rich," Buffett said. "It's
a way to stay rich."
The rich are taking from the poor. The fossil fuel industrialists
are attacking anything that might bite into their god-given right to profit.
Taken from here
Taken from here
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