Vivint Solar has announced that it plans to re-enter the Nevada market of residential solar.
Vivint Solar announced its intention to restore operations in the state following the Nevada Legislature’s passing of Assembly Bill 405. Vivint Solar closed its operations in Nevada in 2015 following regulation that changed solar net energy metering rules and the state’s primary utility reaching its net metering cap.
AB 405 reinstates a policy that allows Nevada residents to be reimbursed for excess rooftop solar generation while providing additional rights to protect consumers and their solar investments.
In a statement, Vivint Solar said it expects to create up to 60 jobs in Nevada in the coming months and approximately 100 total jobs once it resumes full operations. Governor Brian Sandoval has said he supports the bill and is expected to sign it into law.