701B.342 - Regulations: Establishment of program milestones and rebate program for participants. - Nevada Statutes

701B.342  Regulations: Establishment of program milestones and rebate program for participants.

      1.  The Commission shall adopt regulations establishing program milestones and a rebate program for a participant who installs a solar thermal system. The rebates provided by the Commission must:

      (a) Decline over time as the program milestones are reached;

      (b) Be structured to reduce the cost of solar thermal systems; and

      (c) Be based on the actual energy savings or predicted energy savings of the solar thermal system as determined by the Commission.

      2.  The regulations must require that to be eligible for a rebate pursuant to the Demonstration Program, a solar thermal system must have received an OG-300 performance certification from the Solar Rating and Certification Corporation.

      3.  In determining the amount of the rebates provided through the Demonstration Program, the Commission shall consider any federal tax credits and other incentives available to participants.

      (Added to NRS by 2009, 2265)