Nevada Code § 598.9812

Agreement for lease of distributed generation system: Disclosure
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1. An agreement for the lease of a
distributed generation system must include a disclosure that is not more than 3
pages in length and is in at least 10-point font.
2. The disclosure described in subsection
1 must be separate from the cover page and agreement described in NRS 598.9809 and 598.9811 .
3. The disclosure described in subsection
1 must include, without limitation:
(a) The name, mailing address, telephone number
and electronic mail address of the lessor;
(b) The name, mailing address, telephone number,
electronic mail address and number of the contractors license of the person
who installed the distributed generation system, if different from the solar
installation company;
(c) The name, mailing address, telephone number,
electronic mail address and the number of the contractors license of the
person responsible for all maintenance of the distributed generation system, if
different from the solar installation company;
(d) The length of the term of the lease;
(e) The amount of the monthly payments due under
the lease in the first year of operation;
(f) The amounts due at the signing for and at the
completion of the installation of the distributed generation system;
(g) The estimated amount of the total payments
due under the lease, including, without limitation, any incentives that are
included in the estimated lease payments;
(h) A description of any one-time or recurring
fees, including, without limitation, a description of the circumstances that
trigger:
(1) Any late fees;
(2) Estimated fees for the removal of the
distributed generation system;
(3) Fees for a notice of removal and
refiling pursuant to the Uniform Commercial Code;
(4) Fees for connecting to the Internet;
and
(5) Fees for not enrolling in a program in
which payments are made through an electronic transfer of money cleared through
an automated clearinghouse;
(i) The total number of payments to be made under
the lease;
(j) The due date of any payment and the manner in
which the consumer will receive an invoice for such payments;
(k) The rate of any payment increases and the
date on which the first increase in the rate may occur, if applicable;
(l) Assumptions concerning the design of the
distributed generation system, including, without limitation:
(1) The size of the distributed generation
system;
(2) The estimated amount of production for
the distributed generation system in the first year of operation;
(3) The estimated annual degradation to
the distributed generation system; and
(4) As specified by the lease at the time
of installation, whether or not an electric utility must credit a customer of
the electric utility for any excess energy that is generated by the distributed
generation system;
(m) A disclosure notifying the lessee of the
intent of the lessor to file a fixture filing, as defined in NRS 104A.2309 , on the distributed
generation system;
(n) A disclosure notifying the lessee if
maintenance and repairs of the distributed generation system are included in
the lease;
(o) A disclosure describing any warranty for the
repair of any damage to the roof of the property owned by the lessee in
connection with the installation or removal of the distributed generation
system;
(p) A disclosure describing:
(1) The transferability of the lease; and
(2) Any conditions on transferring the
lease in connection with the lessee selling his or her property;
(q) A description of any guarantees of the
performance of the distributed generation system;
(r) A description of the basis for any estimates
of savings that were provided to the lessee, if applicable; and
(s) A disclosure concerning the retention of any
portfolio energy credits, if applicable.

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