SolarCity cuts 550 Nevada jobs, blames new net metering rate

By Sean Whaley |January 6, 2016

CARSON CITY — The rooftop-solar company SolarCity said Wednesday it has been forced to eliminate more than 550 jobs in Nevada because of the new net metering rate approved by the state Public Utilities Commission on Dec. 22.

Where possible, the company said it will relocate affected employees to “business-friendly” states.

The PUC’s decision to change the net metering rules “to punish existing solar customers after the state encouraged them to go solar with rebates is particularly callous” and leaves Nevadans to question whether the state would ever place the financial security of regular citizens above the financial interests of NV Energy, the company said in a statement.

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