Emerging shadows in national solar policy? Nevada's net metering transition in context

Nevada's recent overhaul of its net energy metering policy, which instituted a new net billing program in its place, underscores two key insights. First, decisions about whether net metering should continue separate from the design of a given program. From an institutional perspective, legislatures are best equipped to answer the first question; PUCs have comparative expertise on the second. Further, as net metering policies are likely to become more diverse across states over time, it is critical to maximize policy stability by using-rather than abdicating-grandfathering for existing customers.