SolarCity to Cease Nevada Sales and Installations Following Anti-Solar Decision by Governor Sandoval's PUC

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SolarCity
SCTY
today announced that as a result of the decision by the Nevada Public Utilities Commission to severely undermine Nevadans' ability to go solar, the company is ceasing solar sales and installation in the state effective immediately. "This is a very difficult decision but Governor Sandoval and his PUC leave us no choice. The people of Nevada have consistently chosen solar, but yesterday their state government decided to end customer choice, damage the state's economy, and jeopardize thousands of jobs," said SolarCity CEO Lyndon Rive. "The PUC has protected NV Energy's monopoly, and everyone else will lose. We have no alternative but to cease Nevada sales and installations, but we will fight this flawed decision on behalf of our Nevada customers and employees." Governor Sandoval's Office of Economic Development helped bring SolarCity to Nevada in 2013, and encouraged the company to create local jobs. Accepting the Governor's invitation, the company expanded to Nevada and has hired more than 2,000 local workers in just over two years. The state also created a rebate program to entice Nevadans to go solar, and many chose to do so. The rooftop solar industry helped Nevada become number
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