Nevada § 598.9816 - Power purchase agreement: Cover page

§ 598.9816. Power purchase agreement: Cover page

A power purchase agreement for the sale of the output 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 host customer 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

host customer will have the opportunity to confirm that no representations, offers

or promises were made at any time concerning the sale of the output 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 rate of any increase in the payments to be made during the term of the agreement

and, if applicable, the date of the first such increase. (b) An estimated timeline for the installation of the distributed generation system. (c) The rate of electricity per kilowatt-hour of electricity for the first year of

the agreement. (d) The length of the term of the agreement. (e) The amounts due at the signing for and at the completion of the installation or

any inspection of the distributed generation system. (f) The estimated production of the distributed generation system in the first year

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

customer 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 host customer will impact the estimated offset,

or savings, in relation to the production. (g) A description of the options available at the end of the term of the agreement. (h) A description of any option to purchase the distributed generation system before

the end of the term of the agreement. (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 the Public Utilities

Commission of Nevada, including, without limitation, a telephone number. (m) Notice that the host customer, before execution of the agreement, may request

any document used in the solicitation, offer or transaction for the power purchase

agreement in any language.