Vivint Solar, a Utah-based company, ended operations abruptly after only doing business in the state of Nevada for two weeks.
The end of operations came in part due to the net metering cap established by the Nevada state legislature. The net metering cap was the state legislature’s attempt to mitigate a dispute between Vivint Solar and local utility company.
“It’s clear the intent was that, until the public utility commission had a chance to do their full docket of net metering 2.0, the legislature wanted to make sure people aren’t kept from installing solar,” said Dan Black, general counsel to Vivint Solar, in a news article.
Vivint Solar was recently acquired by SunEdison.
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