Nevada PUC taking a look at rented solar panels
August 21, 2008
LAS VEGAS (AP) – Nevada utility regulators are going to study whether homeowners, small businesses and schools can rent, rather than buy, solar panels to generate electricity.
The three-member Public Utilities Commission also voted Wednesday to look at involvement by the state’s main electric utilities, Nevada Power Co. and Sierra Pacific Power Co.
Commissioner Rebecca Wagner says neighboring states already let companies rent photovoltaic systems.
The Nevada review will address a requirement that utilities compensate customers for excess power produced by customer solar systems.
Officials say solar photovoltaic rental companies can qualify for tax credits and rent the systems to schools, city, county and state agencies that otherwise might not have money needed to buy solar panels. Public entities get no tax benefit because they don’t pay taxes.