Nevada § 598.9809 - Agreement for lease of distributed generation system: Cover page

§ 598.9809. Agreement for lease of distributed generation system: Cover page

An agreement for the lease 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 business days 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 lessee 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

lessee will have the opportunity to confirm that no representations, offers or promises

were made at any time concerning the lease of the distributed generation system other

than what is contained in the agreement. 2. Provides the following information in at least 10-point font: (a) The amounts due at the signing for and at the completion of the installation or

any inspection of the distributed generation system. (b) An estimated timeline for the installation of the distributed generation system. (c) The estimated amount of the monthly payments due under the lease in the first

year of operation of the distributed generation system. (d) The length of the term of the lease. (e) A description of any warranties. (f) The rate of any payment increases. (g) The identification of any state or federal tax incentives that are included in

calculating the amount of the monthly payments due under the lease. (h) The estimated production of the distributed generation system in the first year

of operation and an explanation that: (1) The lessee will always receive a power bill if the premises of the lessee are

connected to the power grid; (2) The estimated production or offset is based on available data on prior consumption;

and (3) Any change in consumption by the lessee will impact the estimated offset, or savings,

in relation to the production. (i) A description of the terms for renewal or any other options available at the end

of the term of the lease. (j) A description of any option to purchase the distributed generation system before

the end of the term of the lease. (k) Notice of the existence of the Recovery Fund administered by the State Contractors'

Board pursuant to NRS 624.470 . (l) 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. (m) Notice that a host customer may file a complaint with the Public Utilities Commission

of Nevada. (n) Contact information for the State Contractors' Board and the Public Utilities

Commission of Nevada, including, without limitation, a telephone number. (o) Notice that the lessee, before the execution of the agreement, may request any

document used in the solicitation, offer or transaction for the agreement in any language.