In an effort to lobby Nevada lawmakers for the development of solar energy following the Public Utilities Commission’s decision to slash net metering, Tesla CEO Elon Musk and SolarCity CEO Lyndon Rive organized an event Wednesday night at the Gigafactory for Nevada politicians and top government officials.
Tesla and SolarCity executives held presentations meant to be “forward-looking and educational” and the whole event also included a tour of the Gigafactory.
Last December, the change in net metering rules imposed a 75% reduction of the price electric utilities pay for electricity generated from rooftop solar. SolarCity and several other solar installers have since stopped their rooftop solar installations in the state.
The situation was framed has a battle of billionaires with Elon Musk, Chairman and largest SolarCity shareholder, on one side and Warren Buffett, his Berkshire Hathaway’s energy group owns Nevada’s largest public utility NV Energy, which lobbied for the change in net metering, on…
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