Can I be forced to sign a new solar contract after my original provider went bankrupt?
Dolan Williams
LawyerOk got it.
So legally speaking, what you would need to consider here is a few things:
1. Legally the contract you have with the first solar company is still binding. You may have received information from the bankruptcy trustee about the transfer of their contracts to some third party. Usually, a company will buy the assets of the bankrupt company, making that company liable. What you should do is check your email and find out if there is a company that has agreed to take this over;
2. The manufacturer of the panels also has to adhere to the warranty. This may have been [REDACTED SOLAR COMPANY], but they usually buy it from a third-party manufacturer. This means that you can contact the manufacturer about getting the panels turned on;
3. The third option is to keep looking for other solar panel companies to help;
4. The fourth option is to contact the utility. The utility will frequently have a way for you to get things turned on without having to go through a third party.
I think that in this case, it may be that you have to wait for just a little bit longer to find out which company has taken over the [REDACTED SOLAR COMPANY] deal. Almost always, a company will. The same thing happened with me and [REDACTED COMPANY] - they ended up selling out to a new company and I ended up having to go through a new provider instead, but it took months.
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I did have a solar panel lease agreement with [REDACTED SOLAR COMPANY] last year they spent the year trying to install and set up my system. However the company recently going into bankruptcy and voided my contract. Another company is trying to sign us up to a new contract but not entirely sure what other options i have as they are not wanting to do a lease and this is a purchase agreement now. At a higher interest rate now. Currently have no contract now but system is already on my home and ready to go.
Hello! My name is Dolan and thank you so much for contacting me!
I just had a few quick questions for you: If I can clarify, the system was put on the home? It was never powered on or anything?
The system is on but not connected to the electric company ([REDACTED UTILITY]), so I am not receiving those credits or benefits for the energy my home is producing. I’m still paying the electric company.
Ok got it - so with the lease, does it include things like making warranty repairs at all?
Yes with the lease I had it did include warranty for 25 years plus the new battery system they installed in my home. With the new contract they want me to sign they want me to purchase the system but they said it would include the warranty but I don’t see it on the new contract
Ok got it. So legally speaking, what you would need to consider here is a few things: 1. Legally the contract you have with the first solar company is still binding. You may have received information from the bankruptcy trustee about the transfer of their contracts to some third party. Usually, a company will buy the assets of the bankrupt company, making that company liable. What you should do is check your email and find out if there is a company that has agreed to take this over; 2. The manufacturer of the panels also has to adhere to the warranty. This may have been [REDACTED SOLAR COMPANY], but they usually buy it from a third-party manufacturer. This means that you can contact the manufacturer about getting the panels turned on; 3. The third option is to keep looking for other solar panel companies to help; 4. The fourth option is to contact the utility. The utility will frequently have a way for you to get things turned on without having to go through a third party. I think that in this case, it may be that you have to wait for just a little bit longer to find out which company has taken over the [REDACTED SOLAR COMPANY] deal. Almost always, a company will. The same thing happened with me and [REDACTED COMPANY] - they ended up selling out to a new company and I ended up having to go through a new provider instead, but it took months.
Okay makes sense because the company that bought [REDACTED SOLAR COMPANY] is [REDACTED NEW COMPANY] and they are trying to get me to sign a new contract with them. So I guess I just continue my process with them correct?
Ok got it - so the contract rules have to stay the same. When there is an agreement, the terms DO NOT CHANGE. If they are trying to get you to take in new terms, that's an unfair business practice. I'd advise them that they do not get to change the terms. They have just been assigned this contract and they cannot change the terms. With their logic, you could tell them that you only have to pay $1. Not fair, right? So in this case, the original terms have to stay. If they refuse, then file a complaint. A complaint with the FTC can be filed starting here -https://consumer.ftc.gov/media/video-0054-how-file-complaint-federal-trade-commission
Okay got it thank you I will be sure to do so
You got it and please promise to come back!