NV Energy files for low-cost rooftop solar alternative

Facebook
Twitter
LinkedIn
Reddit
Email
The new solar subscription plan could be one of the lowest-costing energy options in the nation, according to NV Energy. Source: NV Energy

NV Energy has filed for approval from the Public Utilities Commission (PUC) for a new voluntary subscription solar pricing programme that would offer non-subscribing customers a way to purchase renewable resources that cost less than rooftop solar.

Nevada’s monopoly utility made the filing on Tuesday.

The programme, if approved, would allow customers to subscribe each month to at least 100kWh blocks of solar energy generated within the state, and would not be required to commit for a long term. It would first be offered to residential customers and soon after would add in commercial customers ineligible for the NV GreenEnergy Rider (NGR) programme.

Projections peg each block of power at US$2 dollars, which would render the programme one of the lowest-cost options for power in the country, according to NV Energy. However this charge would be in addition to a customer’s monthly bill.

Starting off, the programme's initial capacity is around 7.33MW coming from power generated by Boulder Solar I, which has set aside 10MW for the programme, as well as the Techren II facility, which is a joint venture with Apple. The latter has set aside 5MW for the programme and will be online by 2019.

The motivation for the programme was to offer a voluntary subscription service option for residential and small C&I customers, as none currently exists. The utility also stressed in the filing that it would give such customers “affordable and flexible new choice to help meet their individual energy related environmental goals”.

“This programme is specifically designed for customers who may not have access to a rooftop, but who would like a low-cost, renewable energy option or for those whom building their own rooftop system isn’t a great option,” said Pat Egan, NV Energy senior vice president of renewable energy and smart infrastructure to the Reno-Gazette Journal.

The idea is that it will not only provide customers with more energy choices, but also attract new customers.

The programme allows for customers to be up to 100% green with no long term commitment and no major investment required. This caters to those who might not be able to raise the initial upfront cost that rooftop solar requires, or those that might not have a suitable roof.

If approved by the PUC, the programme will be on offer first for Nevada Power customers and then for Sierra Power customers. Regulators have up to 210 days from the date of filing to make a decision on the proposal. 

27 September 2022
The demand for rooftop solar PV is soaring, driven by falling costs of the technology against energy crises that are gripping countries globally. But while an increasing number of households turn to solar to generate their own electricity, there is now a need for more specialist equipment, technologies and services to ensure the solar transition can reach as many customers as possible. Delivering these is now a major challenge for rooftop solar installers. This webinar will analyse the characteristics of the rooftop solar market, discussing how the products, logistics, installation and servicing of solar systems has evolved in line with consumer demands.
4 October 2022
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2022.
27 October 2022
The advanced technology and innovative features of the new ES G2 3kW to 6kW single phase hybrid inverter enable increased savings, with smart loading for optimally timed energy consumption. Join this 40-minute webinar to learn how a true hybrid inverter operates to maximise PV based savings and how the ES G2 addresses the requirements of residential customers.

Read Next

September 22, 2022
The RE+ tradeshow has been full of hope, excitement but also short-term questions as the industry considers the significance of the IRA.
September 22, 2022
Qcells has heightened its commitment to the global solar supply chain as its parent company, Hanwha Solutions, increases investment in clean raw materials.
September 22, 2022
Tech major Amazon has expanded its renewables portfolio globally with 71 new projects with a total capacity of 2.7GW.
September 22, 2022
Wood Mackenzie has repeated warnings that module supply shortages are set to persist until the end of 2023.
September 21, 2022
Cost certainty, reducing wait times and more flexible agreements with utilities are crucial to solving the US’ interconnections problems that are holding the country back from reaching its renewables targets
September 21, 2022
Under the REPowerEU scenario to install 750GWdc of solar across the European Union by 2030, the bloc will require 1 million solar workers, double the numbers from 2021.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 27, 2022
15:30 AEST (UTC +10)
Solar Media Events
October 4, 2022
New York, USA
On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)