Nevada Code § 598.9814

Agreement for purchase of distributed generation system: Contents
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An agreement for the
purchase of a distributed generation system must include, without limitation,
the following information in at least 10-point font:
1. The name, mailing address, telephone
number, electronic mail address and number of the contractors license of the
solar installation company.
2. The name, mailing address, telephone
number and electronic mail address of:
(a) The purchaser of the distributed generation
system; and
(b) The name, mailing address, telephone number
and electronic mail address of the person responsible for all maintenance of
the distributed generation system, if different from the solar installation
company.
3. A description, which includes, without
limitation, any assumptions, concerning the design and installation of the
distributed generation system. Such a description must include, without
limitation:
(a) The size of the distributed generation
system;
(b) The estimated amount of production for the
distributed generation system in the first year of operation; and
(c) The estimated annual degradation to the
distributed generation system.
4. The total cost of the distributed
generation system.
5. An estimated timeline for the
installation of the distributed generation system.
6. A payment schedule, including, without
limitation:
(a) The due dates for any deposit; and
(b) Any subsequent payments that are not to
exceed the total system cost stated on the cover page pursuant to NRS 598.9813 .
7. The granting to the purchaser the right
to rescind the agreement for a period ending not less than 3 or 10 business
days, as applicable, after the agreement is signed.
8. A copy of all warranties for the
distributed generation system, each of which must be acknowledged by the
initials of the purchaser.
9. A disclosure notifying the purchaser of
the transferability of the obligations under the warranty to a subsequent
purchaser.
10. The identification of any incentives
included in the calculation of the total cost of the distributed generation
system.
11. A description of any guarantee of the
performance of the distributed generation system.
12. The following information concerning
the parts of the distributed generation system:
(a) The make and model of all inverters of the
distributed generation system;
(b) The make, model and power class of the solar
modules of the distributed generation system; and
(c) The manufacturer of any racking system of the
distributed generation system.
13. A provision requiring the purchaser to
fully and accurately disclose all material information relating to the property
to which the distributed generation system will be affixed that may affect the
installation of the distributed generation system, including, without
limitation, any relevant modifications to the electrical service of the
property.
14. A provision requiring the purchaser to
promptly execute any agreements with a public utility that are necessary and
provide to the solar installation company any information that is necessary for
the completion of the installation of the distributed generation system.
15. A provision that provides that the
purchaser is liable for any damages caused by the failure of the purchaser to
comply with the provisions of any agreement set forth in subsection 14.
16. A signature block that is signed and
dated by the purchaser of the distributed generation system and the solar
installation company.
17. A description of the basis for any
estimates of savings that were provided to the purchaser, if applicable.
18. A disclosure concerning the retention
of any portfolio energy credits, if applicable.
19. The granting to the purchaser of the
right to rescind the agreement pursuant to NRS
598.982145 .
20. A provision that provides that the
purchaser is not required to pay any money to the solar installation company,
other than an initial down payment or deposit that may be charged in an amount
that does not exceed $1,000 or 10 percent of the aggregate contract price,
whichever is less, if the purchaser has not paid that amount to a distributed
generation system financier under an agreement for the provision of a
distributed generation system loan for the distributed generation system,
until:
(a) If the distributed generation system will be
connected to the power grid, the distributed generation system receives
permission from the appropriate public utility to connect to the power grid.
(b) If the distributed generation system will not
be connected to the power grid, the distributed generation system passes a
final inspection and becomes operational.
21. If the purchaser is financing the
purchase of the distributed generation system or has provided financial
information to the solar installation company to obtain approval for the
financing of the purchase of the distributed generation system, the cash price
of the system and the financed price of the system.
22. The duties of the solar installation
company if the distributed generation system fails to meet the estimated amount
of production in the first year of operation, as set forth pursuant to
paragraph (h) of subsection 2 of NRS
598.9813 . Such duties must include, without limitation, the duty to, if the
distributed generation system has not met that amount of production 1 year
after the date on which the distributed generation system received permission
from the appropriate public utility to connect to the power grid or, if the
distributed generation system is not connected to the power grid, 1 year after
the date on which the distributed generation system received a final inspection:
(a) Take any actions necessary to ensure that the
distributed generation system will meet that amount of production in the
following year, including, without limitation, by the installation of
additional equipment or repair to any existing equipment; or
(b) Take both of the following actions:
(1) Provide notice to the purchaser
acknowledging that the distributed generation system has not met the estimated
amount of production in the first year of operation; and
(2) If the distributed generation system
has not met that estimated amount of production 1 year after the notice is
sent, take the actions described in paragraph (a).
23. On a separate page, a thorough
explanation of the estimated production of the distributed generation system
and offset, which must include, without limitation, an explanation:
(a) Of how the estimated production of the
distributed generation system and offset are calculated, including, without
limitation, the fact that such calculations are based on available data on prior
consumption;
(b) Of the effects of the behavior of the
purchaser with respect to the amount of the offset, including, without
limitation, the fact that any change in consumption by the purchaser will
impact the estimated offset, or savings, in relation to the production and the
possibility that the power bill of the purchaser may increase based on his or
her consumption; and
(c) That the purchaser will always receive a
power bill if the premises of the purchaser is connected to the power grid.

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