NRS 598.9814 Agreement for purchase of distributed generation system: Contents.
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NRS 598.9814 Agreement for purchase of distributed generation system: Contents. 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 contractor’s 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.