SunWorks Inc (SUNWQ)

[ImpishGrin]

Good article about negative impact of Nevada PUC decision

http://www.theguardian.com/environment/2016/jan/13/solar-panel-energy-power-company-nevada

In addition to the new monthly fee, which will increase to $40 from $12 over the next five years, customers like Stewart will get less back from the utility for energy their solar panels capture and feed into the main power grid.

NV Energy was acquired in late 2013 by a subsidiary of Berkshire Hathaway, Warren Buffett’s company, and in 2014 it saw its net income rise 27%.

“I feel cheated and robbed,” said Dale Matz, a retired chef who invested $30,000 in solar panels. He made the switch to solar both as a retirement decision and to help combat climate change.

“If they start giving us only 2.8 cents a kilowatt versus the 13 cents they charge us, I will never break even on my investment,” Matz said. “Not only that, if they are going to give us 2.8 cents a kilowatt and then sell it for 13 cents, basically 17,000 Nevada homeowners built a solar farm for Nevada power. I don’t think that can be right.”