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SolarCity Statement on Nevada Public Utilities Commission Proposed Decision

December 21, 2015 6:33 PM EST

SAN MATEO, Calif., Dec. 21, 2015 /PRNewswire/ -- SolarCity CEO Lyndon Rive released the following statement today regarding the Nevada Public Utilities Commission's proposed decision on rooftop solar:

"If the Nevada Public Utilities Commission's proposed decision is accepted tomorrow it will destroy the rooftop solar industry in one of the states with the most sunshine. There is so much wrong with the decision, the only option for the PUC is to reject it. The one beneficiary of this decision would be NV Energy, whose monopoly will have been protected. The people will have lost choice, jobs, and... More