SolarCity Statement on Nevada Public Utilities Commission Proposed Decision
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SolarCity (SCTY) to Halt Solar Sales in Nevada Following Anti-Solar Decision by Governor Sandoval's PUC
December 23, 2015 3:47 PM ESTSolarCity (Nasdaq: SCTY) today announced that as a result of the decision by the Nevada Public Utilities Commission to severely undermine Nevadans' ability to go solar, the company is ceasing solar sales and installation in the state effective immediately.
"This is a very difficult decision but Governor Sandoval and his PUC leave us no choice. The people of Nevada have consistently chosen solar, but yesterday their state government decided to end customer choice, damage the state's... More
Raymond James Ups Estimates, PT on SolarCity (SCTY) Post ITC Extension
December 22, 2015 8:58 AM ESTRaymond James analyst, Pavel Molchanov, sharply raised his installation assumptions for SolarCity (NASDAQ: SCTY) in 2017 on the back of the Investment Tax Credit extension. Estimates go from 1,100 MW to 1,550 MW in 2017 and from 1,400 MW to 1,850 MW in 2018. Additionally, retained value per watt increases.... More
