SB440
AN ACT relating to electricity; establishing a process by which a unit's owner in certain unit-owners' associations may submit a request to install a distributed generation system; establishing certain powers and duties of certain unit-owners' associations with respect to the installation of distributed generation systems; establishing and revising certain requirements for the contents of an agreement for the purchase or lease of a distributed generation system and a power purchase agreement; imposing certain requirements upon a solar installation company; revising provisions relating to net metering systems; and providing other matters properly relating thereto. Close title AN ACT relating to electricity; establishing a process by which a unit's owner in certain unit-owners' associations may submit a request to install a distributed generation system; establishing certain powers and duties of certain unit-owners' associations with respect to the installation of distributed generation systems; establishing and revising certain requirements for the contents of an agreement for the purchase or lease of a distributed generation system and a power purchase agreement; imposing certain requirements upon a solar installation company; revising provisions relating to net metering systems; and providing other matters properly relating thereto.
Introduction Date
Monday, March 24, 2025
Primary Sponsor
Senate Committee on Commerce and Labor
Public exhibits
3
Support 0 · Opp 0 · Neutral 0
Auditor findings
0
recusal 0 · QPQ 0
AN ACT relating to electricity; establishing a process by which a unit's owner in certain unit-owners' associati
Existing law imposes certain requirements on solar installation companies that sell and install distributed generation systems in this State. Existing law prescribes certain contractual requirements for an agreement for the purchase or lease of a distributed generation system and a power purchase agreement. (NRS 598.9801-598.9822) Sections 14.1-14.3 and 14.5 of this bill define certain terms for the purposes of these provisions governing such agreements. Section 14.4 of this bill makes a power purchase agreement voidable by the host customer for a certain period if the solar installation company that is a party to the agreement does not hold the proper contractor's license or is not acting within the monetary limit of that license. Section 21.5 of this bill makes a conforming change so that the provisions of sections 14.1-14.4 are enforced in the same manner as other provisions governing solar installation companies and distributed generation systems. Sections 15-20 of this bill require an agreement for the lease or purchase of a distributed generation system, a power purchase agreement and the cover page for such agreements to: (1) contain certain disclosures concerning the solar installation company; (2) provide certain information about the parts of the distributed generation system; and (3) impose certain duties and liabilities on lessees, purchasers and host customers. Existing law requires a solar installation company to maintain a recording of certain communication
NELIS exhibits (3 on file)
Bill text + amendments: view on NELIS →