1. "Solar installation company" means any form of business organization or any other nongovernmental legal entity, including, without limitation, a corporation, partnership, association, trust or unincorporated organization, that transacts business directly with a residential customer of an electric utility to:
(a) Sell and install a distributed generation system; or
(b) Install a distributed generation system owned by a third party from whom the customer:
(1) Leases a distributed generation system; or
(2) Purchases electricity generated by a distributed generation system.
2. The term does not include entities that are third party:
(a) Owners of a distributed generation system; or
(b) Financiers of a distributed generation system who do not sell or install the distributed generation system.
(Added to NRS by 2017, 4268)