§ 5-93-2

[Effective March 1, 2025.] As used in this chapter: (1) 'Customer' means a person who, for primarily personal, family, or household purposes: (i) Purchases a residential solar energy system under a system purchase agreement; (ii) Leases a residential solar energy system under a system lease agreement; or (iii) Purchases electricity under a power purchase agreement. (2) 'Department' means the department of business regulation. (3) 'Lease' means to transfer the right to possession and use of a residential solar energy system for a term to a customer on behalf of a solar retailer in return for monetary payment or consideration. (4) 'Power purchase agreement' means an agreement: (i) Between a customer and a solar retailer; (ii) For the customer’s purchase of electricity generated by a residential solar energy system owned by the solar retailer; and (iii) That provides for the customer to make payments over a term of at least five (5) years. (5) 'Residential solar energy system' means a solar energy system that: (i) Is installed in the state; (ii) Generates electricity primarily for on-site consumption for personal, family, or household purposes; (iii) Is

olar energy system' means a solar energy system that: (i) Is installed in the state; (ii) Generates electricity primarily for on-site consumption for personal, family, or household purposes; (iii) Is situated on no more than four (4) units of residential real property; (iv) Has an electricity delivery capacity that exceeds one kilowatt; and (v) Does not include a generator that: (A) Produces electricity; and (B) Is intended for occasional use. (6) 'Sell' means to transfer a residential solar energy system to a customer on behalf of a solar retailer in return for monetary payment or other consideration. (7) 'Solar agreement' means a system purchase agreement, a system lease agreement, or a power purchase agreement. (8) 'Solar energy system' means a system or configuration of solar energy devices that collects and uses solar energy to generate electricity. (9) 'Solar retailer' means a person who: (i) Sells or proposes to sell a residential solar energy system to a customer under a system purchase agreement; (ii) Owns the residential solar energy system that is the subject of a system lease agreement or proposed system lease agreement; or (iii) Sells or proposes to sell electricity

em purchase agreement; (ii) Owns the residential solar energy system that is the subject of a system lease agreement or proposed system lease agreement; or (iii) Sells or proposes to sell electricity to a customer under a power purchase agreement. (10) 'Solicit' means offering or attempting to sell or lease a residential solar energy system to a person or requesting, urging, or attempting to persuade a person to purchase, lease, or apply for a particular kind of solar system from a particular solar retailer. (11) 'System lease agreement' means an agreement: (i) Under which a customer leases a residential solar energy system from a solar retailer; and (ii) That provides for the customer to make payments over a term of at least five (5) years for the lease of the residential solar energy system. (12) 'System purchase agreement' means an agreement under which a customer purchases a residential solar energy system from a solar retailer. History of Section.P.L. 2024, ch. 67, § 2, effective March 1, 2025; P.L. 2024, ch. 68, § 2, effective March 1, 2025.