Vivint Solar Relaunches Residential Solar Services In Nevada

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Vivint Solar, one of the United States’ leading residential solar companies, announced on Thursday that it would be relaunching its residential services in Nevada after a two-year absence.

It’s been a big week for Vivint Solar, managing to hit both of its regular newsworthy items within only a few days of one another. First, the company announced that it had secured $100 million in new tax equity commitments from two repeat investors that would finance up to 70 megawatts (MW) of new residential solar energy systems. Secondly, Vivint Solar announced on Wednesday that it was expanding its residential services into Colorado.

The news just keeps rolling in, however, and it seems that investors are relatively pleased with the pace of movement they are seeing from the company, with shares steadily rising for over a month now.

On Thursday, Vivint Solar announced that it will return to Nevada after a two-year absence, bringing its residential solar systems back to the state following in the wake of Nevada Legislature’s passing of Assembly Bill 405 — which allows Nevadan residents to be reimbursed for excess rooftop solar generation, and providing additional rights to project consumers and their solar energy system investments — and a commitment from Nevada Governor Brian Sandoval that he will sign the bill into law.

“We are very pleased Nevada officials have recognized the broad public support of rooftop solar and reestablished the state’s commitment to the future of renewable energy,” said David Bywater, CEO of Vivint Solar. “This bill demonstrates the power of building consensus across stakeholders to find a win-win-win solution for the residential solar industry, utilities and Nevada consumers. We look forward to bringing jobs, consumer choice and affordable solar power back to the state of Nevada.”

This latest move brings Vivint Solar’s market reach up to 18 states across the country, and the company is expecting to create up to 60 new jobs in Nevada over the next couple of months, and approximately 100 in total once it resumes full operations.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

CleanTechnica Holiday Wish Book

Holiday Wish Book Cover

Click to download.

Our Latest EVObsession Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.

Joshua S Hill

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.

Joshua S Hill has 4403 posts and counting. See all posts by Joshua S Hill