Sunrun Inc. today said it has ceased all operations in Nevada, resulting in hundreds of job losses. Sunrun said the layoffs and its exit from Nevada are the direct result of new rules adopted by Governor Sandoval's Public Utilities Commission (PUC) as well as actions taken by NV Energy and Nevada politicians. Sunrun hopes to transition its Nevada-based employees to other positions within the company where possible or place them with other local organizations.
"Commissioners Thomsen, Noble, and Burtenshaw's decision forces Sunrun to displace our Nevada employees, inflicting enormous pain on hard-working Nevada families," said Bryan Miller, senior vice president of public policy & power markets at Sunrun. "Nevada passed incentives to attract residents to go solar. But after baiting homeowners with incentives, the state switched the rules, penalizing solar homeowners to deliver additional profit to NV Energy. This bait and switch hurts Nevada families, many of whom are retirees on fixed incomes, and who use solar savings to meet their monthly budgets."
The retroactive decision is also expected broadly to undermine future investment in the state, as retroactive changes impair the business community's trust in Nevada government.