NRS 598.9813 Agreement for purchase of distributed generation system: Cover page.
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NRS 598.9813 Agreement for purchase of distributed generation system: Cover page. An agreement for the purchase of a distributed generation system must include a cover page that:
1. Prominently displays the following information at the top of the cover page in at least 16-point font:
(a)Notice of the right to rescind or cancel the agreement, without any penalty or obligation, within 3 or 10 business days, as applicable, after the execution of the agreement, as provided in NRS 598.98216 .
(b)An electronic mail address to which a notice of rescission or cancellation may be sent pursuant to NRS 598.98216 and notice that the purchaser may send such a notice to that electronic mail address.
(c)Notice of the requirement to make and maintain a recording pursuant to NRS 598.98213 .
(d)Notice that, before the installation of the distributed generation system, the purchaser will have the opportunity to confirm that no representations, offers or promises were made at any time concerning the purchase of the distributed generation system other than what is contained in the agreement.
(e)A statement indicating that certain financial covenants and restrictions for a distributed generation system affixed to a property may have an impact or effect on the future sale or transferability of the property and that it is recommended that the purchaser seek the advice of a real estate professional, attorney or financial adviser before entering into the agreement.
2. Provide the following information in at least 10-point font:
(a)The size of the distributed generation system.
(b)The length of the term of the warranty for the distributed generation system.
(c)An estimated timeline for the installation of the distributed generation system.
(d)A description of any warranties.
(e)The total cost of the distributed generation system.
(f)The estimated value of any portfolio energy credits and rebates of any incentives included in the calculation of the total cost of the distributed generation system.
(g)The amounts due at the signing for and at the completion of the installation of the distributed generation system.
(h)The estimated production of the distributed generation system in the first year of operation.
(i)Notice of the existence of the Recovery Fund administered by the State Contractors’ Board pursuant to NRS 624.470 .
(j)Notice that a person financially damaged by a licensed contractor who performs work on a residence may be eligible to recover certain financial damages from the Recovery Fund.
(k)Notice that a host customer may file a complaint with the Public Utilities Commission of Nevada.
(l)Contact information for the State Contractors’ Board and Public Utilities Commission of Nevada, including, without limitation, a telephone number.
(m)Notice that the purchaser, before the execution of the agreement, may request any document used in the solicitation, offer or transaction for the agreement in any language.
(n)If the solar installation company paid any amount for a lead or referral that resulted in the agreement being provided to the purchaser, the amount paid for the lead or referral.
(o)If the solar installation company included any material term of an agreement for the purchase of a distributed generation system in any written or electronic marketing materials provided to the purchaser before or contemporaneously with the agreement, notice that the material term used in the marketing materials is the same as the corresponding term included in the agreement.
(p)The following disclosures:
(1)Whether the solar installation company:
(I)Maintains a physical office in this State at which employees, as defined in subsection 6 of NRS 624.020 , of the solar installation company conduct business; and
(II)Has at least one motor vehicle registered in this State;
(2)Whether the solar installation company is in compliance with all applicable federal, state and local laws and regulations; and
(3)Whether the person who initially presented the purchaser with the purchase agreement is an employee, as defined in subsection 6 of NRS 624.020 , of the solar installation company.