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When a door-to-door salesman convinced Christine Palmer to go solar in 2022, she and her husband eagerly invested in panels from Titan Solar. Two years later, the panels have never been turned on, and Titan Solar has gone out of business, leaving Palmer with a useless array on her roof.
GoodLeap, the company that loaned her the money, is constantly trying to collect. Palmer’s panels were installed incorrectly and don’t pass inspection, leaving her in a lurch with no one to turn to for repairs.
Unfortunately, Palmer is not alone in her predicament. Solar companies like Pink Energy, Infinity Energy, Solcius, and Kayo Energy have shuttered, leaving thousands of customers with nonworking panels and no solutions.
The solar industry, largely unregulated, poses risks for customers as bankruptcies continue. Installers may cut corners, leaving customers with expensive roof ornaments. Warranties may go unfilled, and analysts expect more bankruptcies in the coming year.
Homeowners like Palmer are left with costly and ineffective systems, with little recourse for repair or removal. The solar industry’s lack of regulation and accountability leaves many in the dark.
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