SRP settlement with Tesla could make solar, batteries more affordable

By Ryan Randazzo | The Republic

Salt River Project could settle its three-year-old lawsuit with SolarCity by buying a massive battery from the company, now owned by Tesla Inc., and giving incentives to customers who want to put batteries on their homes.

SRP’s board of directors voted Monday to negotiate a deal to end the lawsuit, which dates to 2015 when SRP OK’d new rates for customers with solar panels. The U.S. Supreme Court was scheduled to hear oral arguments on the case this month.

SolarCity sued SRP in Arizona District Court, accusing the utility of “anticompetitive and tortious conduct designed to eliminate solar competition.”

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March 6, 2018

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