What Happens If My Solar Installation Company Shuts Down

Bankrupt Solar Companies in Massachusetts: What Happens if My Solar Installation Company Shuts Down?

When your solar installer or manufacturer ceases operation, you have what is considered an ‘orphaned’ solar system. If your solar panels are fully installed and operating, you can still use them even if the manufacturer or installer has gone out of business or declared bankruptcy. The panels will still generate electricity independently of the installer or manufacturer. However, you will need to find a new provider for maintenance and repairs, and you will need to determine if warranty claims are still valid. ACE Solar can help you do so via our ACE Value Plan. Call us now to find out how we can help if your previous solar company has shut down or gone out of business, or if you’re dealing with a bankrupt solar company in Massachusetts.

What Risks Will I Face When Solar Companies Go Out of Business?

Whether you need residential solar service or commercial solar service in Massachusetts, you could be at risk if your solar installer or manufacturer goes out of business or declares bankruptcy. Some of the potential outcomes are:

• Voided labor warranties or workmanship warranties
• Loss of support or maintenance services, monitoring systems, and professional repairs
• Incomplete installations
• Increased reliance on grid energy and increased energy bills
• Lower property values

What Should I Do if My Solar Company Is Out of Business?

If the solar company that installed your panels or system goes out of business or declares bankruptcy, there are steps you can take to protect your property and investment. We recommend that you:

• Get all of your original solar system installation and sales paperwork together, including warranties, contracts, and system specifications.
• Contact the solar manufacturer to determine if equipment warranties will survive the solar installer’s bankruptcy.
• If working with a lender, contact them to review your solar system financing agreement and determine what your options are.
• Get recommendations for certified local solar contractors who handle maintenance and repairs.
• Find a new local solar installer or a specialized commercial solar operations and maintenance company.
• Ask for professional advice, particularly if you have an unfinished solar installation or have sustained financial damages.
• Purchase solar insurance that covers equipment damage, decreased output, and other issues.

Can I Protect Myself From Solar Company Bankruptcies?

As a consumer, there are things that you can do to protect yourself from signing a contract with a risky solar company. Before entering into any kind of agreement, do the following:

• Verify the company’s credentials, including active licenses and insurance, through your state’s contractor licensing board.
• Read customer reviews for the company and look for red flags, such as allegations of faulty or subpar equipment, poor installation, unfinished projects, fraudulent or deceptive practices, lack of communication, and illegal contract terms.
• Research the company’s history to see how long they have been in business.
• Find a company that has an in-house installation, maintenance, and operations team.
• Confirm that the solar equipment used is from an established manufacturer with a reputation for longevity and excellence.
• Get an expert’s opinion on the contract and financing terms before signing.
• Choose an external bank or credit union for financing.
• Retain all documentation, including contracts, proof of payment, equipment serial numbers, manufacturer warranties, permits, and inspection reports.
• Purchase a third-party operations and maintenance plan or warranty, as well as solar insurance.
• Comply with all warranty terms and keep records of all maintenance, service, and repairs.

ACE Solar’s ACE Value Plan Offers Protection for Solar Customers

You have options when dealing with a bankrupt or defunct solar company. Our knowledgeable professionals at ACE Solar can provide ongoing service, support, and maintenance, even for systems that were installed by third parties that are now out of business. With our ACE Value Plan, you can enjoy residential solar maintenance and monitoring plans even for systems installed by another company. Our commercial solar operations and maintenance program includes mechanical and electrical system maintenance as well as data acquisition system maintenance, remote monitoring and reporting, and vegetation management.

Call ACE Solar Now to Learn More About Our ACE Value Plan

If your solar manufacturer or solar installer goes out of business or declares bankruptcy, ACE Solar can ensure seamless, uninterrupted operation. We’ll help you keep your residential or commercial solar system running smoothly. Our experts offer solar panel maintenance and operations throughout New England, including routine inspections, troubleshooting, full check-ups, and repairs and replacements. Call now or contact us online to set up a consultation to learn more about our third-party solar services and support.