Rooftop Solar Providers Face a Cloudier Future – The New York Times

“Just two years ago, SolarCity and other rooftop solar providers were Wall Street darlings, and prospects for growth were flying high, as enthusiasm for solar power was seemingly boundless.After all, they had built a better mousetrap, allowing the masses to install environmentally minded solar power systems at little or no cost to them and to reduce their electricity bills at the same time.But in two years, the landscape has drastically shifted.Nevada recently rolled back the generous support it gave rooftop solar systems; 20 other states are rethinking their policies, as well. And despite the extension of an important federal tax credit last year, losses by rooftop solar companies have accelerated.”

Source: Rooftop Solar Providers Face a Cloudier Future – The New York Times

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