SolarCity lays off more than 550 workers in Nevada

According to a story published in the Las Vegas Sun today, SolarCity has laid off more than 550 employees — about a quarter of its workforce — in Nevada.

The news comes two weeks after SolarCity announced it was halting the sale and installation of rooftop solar panels here after utility regulators approved cutting the rate NV Energy pays solar customers for generating excess power. The new rate went into effect Friday.

The company will close three warehouses in Henderson, North Las Vegas and Reno, officials told the Sun.

For now, SolarCity plans to keep open its Las Vegas headquarters, which includes a service center for which the company received up to $1.2 million in state economic development funding in 2013.

Click Here to Read the Full Story at the Las Vegas Sun

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