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Net metering bill prompts Sunrun to re-enter Nevada market

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Net metering bill prompts Sunrun to re-enter Nevada market

In light of new legislation passed in Nevada largely restoring net metering, Sunrun Inc. announced plans June 6 to return to the Nevada power market.

"The near unanimous bipartisan support for legislation to reinstate net metering and establish a bill of rights for solar customers is a reflection of overwhelming public demand for affordable, clean energy options," said Lynn Jurich, CEO and co-founder of Sunrun. "Thanks to the hard work of Governor Sandoval and Nevada State Legislators, we can now say with confidence that Sunrun is coming back to Nevada."

The legislation addresses impacts on the rooftop solar market after Nevada regulators, in late 2015, adopted rules limiting the net metering retail credit for rooftop solar owners, prompting Sunrun to shut down its operations in the state.