Nev. Rev. Stat. § 598.982146
Limitations on payment of solar installation company by distributed generation system financier; responsibility of financier for violation
Nevada · Nevada Revised Statutes Chapter 598 — Deceptive Trade Practices · Status: effective
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- Nev. Rev. Stat. § 598.982146, Limitations on payment of solar installation company by distributed generation system financier; responsibility of financier for violation, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2133255
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Full text
1. A distributed generation system financier shall not pay to a solar installation company pursuant to an agreement for the provision of a distributed generation system loan, an agreement for the lease of a distributed generation system or a power purchase agreement an amount that exceeds the amount set forth in paragraph (g) of subsection 2 of NRS 624.875 before the date on which:
(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.
2. If a distributed generation system financier violates the provisions of subsection 1, the distributed generation system financier becomes responsible for ensuring that the distributed generation system receives permission from the appropriate public utility to connect the distributed generation system to the power grid or passes a final inspection and becomes operational, as applicable.