Nevada Code § 598.9815

Agreement for purchase of distributed generation system: Disclosure
Open in Lexace · Ask the AI about this section
1. An agreement for the purchase 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 598.9813 and 598.9814 .
3. The disclosure described in subsection
1 must include, without limitation:
(a) The name, mailing address, telephone number
and electronic mail address of the solar installation company;
(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 purchase price of the distributed
generation system;
(e) The payment schedule for the distributed
generation system;
(f) The approximate start and completion dates
for the installation of the distributed generation system;
(g) A disclosure notifying the purchaser of the
responsible party for obtaining approval for connecting the distributed
generation system to the electricity meter on the host customers side;
(h) 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 agreement 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;
(i) A disclosure notifying the purchaser if
maintenance and repairs of the distributed generation system are included in
the purchase;
(j) A disclosure describing any warranty for the
repair of any damage to the roof of the property owned by the purchaser in
connection with the installation or removal of the distributed generation
system;
(k) A description of any guarantees of the
performance of the distributed generation system;
(l) A description of the basis for any estimates
of savings that were provided to the purchaser, if applicable; and
(m) A disclosure concerning the retention of any
portfolio energy credits, if applicable.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.