NevadaSB37983rd Regular Session (2025)SenateWALLET

AN ACT relating to commerce; imposing various requirements upon a distributed generation system financier who finances the purchase of or leases a distributed generation system or contracts for a power purchase agreement; revising requirements for solar installation companies that sell and install distributed generation systems; imposing certain requirements and restrictions upon persons who generate leads or referrals to perform work concerning a distributed generation system; establishing and revising certain requirements for the contents of an agreement for the provision of a distributed generation system loan, an agreement for the purchase or lease of a distributed generation system and a power purchase agreement; and providing other matters properly relating thereto.

Sponsored By: Cinthia Zermeño Moore (Democratic), Fabian Doñate (Democratic)

Signed by Governor

BDR 55-336

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Bill Overview

Analyzed Economic Effects

7 provisions identified: 7 benefits, 0 costs, 0 mixed.

Extra protections in solar financing

If your solar loan, lease, or PPA is assigned, you keep the same claims and defenses. The new holder’s liability is capped at the amount you owe them when you raise the claim. Financiers must follow applicable federal consumer‑protection rules, such as TILA and the FTC holder rule. Licensed installment lenders are banned from deceptive trade practices.

Installer licensing checks and roof safety

Financiers must confirm installers are properly licensed and within their monetary limits before funding work. If they fail, you may void the loan, lease, or PPA for 3 years after utility connection approval or after final inspection and operation. For manufactured‑home roofs, financiers must also verify a manufactured‑home license and get a roof inspection showing it can hold the system before making the deal. The Contractors’ Board may require background checks for solar company employees.

Limits on solar deposits and shutoffs

Your deposit is capped at the lesser of $1,000 or 10% of the total contract. No other payment is due until the system is approved to connect or it passes final inspection. Financiers cannot pay installers early beyond state limits; if they do, they must ensure the system gets connected or becomes operational. A financier cannot disconnect your system for nonpayment until you miss three monthly payments in a row.

Stronger right to cancel solar deals

Beginning October 1, 2025, you can cancel a solar loan within 3 business days after signing, or within 10 days if you are 60 or older. The same cancel windows apply to solar leases, purchases, and power purchase agreements. After an on‑site survey that raises price or changes equipment, you get another 3 business days to cancel. This extra right does not apply if the substitute gear is equal or better, costs no more, and cuts first‑year output by 5% or less.

Recorded confirmations before solar installation

Before installation starts, the company must confirm your identity, read key cover‑page terms, and record the talk. The recording is made when you sign or within 48 hours and must be kept at least 5 years after final inspection. Installation cannot begin until the recording exists. You must get a copy of the signed agreement right away.

Tighter rules on solar ads and referrals

Lead sellers cannot take more than $2,000 per lead and may sell only to licensed installers. All commercial solicitations must clearly say they are not tied to any government agency or electric utility. Companies cannot put terms in ads that are not in the contract or make false or misleading utility‑rate claims. Marketing about tax credits or rebates must tell you to consult an independent tax professional. The law narrows who counts as a solar installer and limits non‑solar firms’ electronic lead ads.

Clear cover pages for solar contracts

Beginning October 1, 2025, solar purchase and lease contracts must have a bold cover page in at least 16‑point type. It must show your cancel rights and email to rescind, key costs and payment schedule, timelines, warranties, estimated production, and who gets credits or rebates. It must also state any paid referral amount and list contacts for the Public Utilities Commission and the State Contractors’ Board, with language‑access info.

Sponsors & Cosponsors

Sponsors

  • Cinthia Zermeño Moore

    Democratic • House

  • Fabian Doñate

    Democratic • Senate

Cosponsors

  • Howard Watts

    Democratic • House

  • Edgar Flores

    Democratic • Senate

  • Jeff Stone

    Republican • Senate

  • John C. Steinbeck

    Republican • Senate

  • Michelee "Shelly" Cruz-Crawford

    Democratic • Senate

  • Skip Daly

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 58 • No: 5

House vote • 5/23/2025

Final Passage - Assembly (2nd Reprint)

Yes: 39 • No: 3

Senate vote • 4/22/2025

Final Passage - Senate (1st Reprint)

Yes: 19 • No: 2

Actions Timeline

  1. Chapter 338.

    6/6/2025legislature
  2. Approved by the Governor.

    6/5/2025legislature
  3. Enrolled and delivered to Governor.

    5/31/2025legislature
  4. Assembly Amendment No. 704 concurred in. To enrollment.

    5/29/2025Senate
  5. In Senate.

    5/23/2025Senate
  6. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 39, Nays: 3.) To Senate.

    5/23/2025House
  7. From printer. To reengrossment. Reengrossed. Second reprint.

    5/23/2025House
  8. Read second time. Amended. (Amend. No. 704.) To printer.

    5/22/2025House
  9. Placed on Second Reading File.

    5/22/2025House
  10. From committee: Amend, and do pass as amended.

    5/22/2025House
  11. Read first time. Referred to Committee on Commerce and Labor. To committee.

    4/28/2025House
  12. In Assembly.

    4/28/2025House
  13. To Assembly.

    4/28/2025Senate
  14. From printer. To engrossment. Engrossed. First reprint.

    4/25/2025Senate
  15. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 19, Nays: 2.) To printer.

    4/22/2025Senate
  16. Reprinting dispensed with.

    4/21/2025Senate
  17. Read second time. Amended. (Amend. No. 317.)

    4/21/2025Senate
  18. Placed on Second Reading File.

    4/21/2025Senate
  19. From committee: Amend, and do pass as amended.

    4/21/2025Senate
  20. From printer. To committee.

    3/18/2025Senate
  21. Read first time. Referred to Committee on Commerce and Labor. To printer.

    3/17/2025Senate

Bill Text

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