Solar Panels are increasing in popularity. While there may be benefits to a solar panel system, many times consumers do not read the fine print and end up in trouble. There are a host of issues to be aware of regarding solar panel contracts, such as:
- Texas has a 3-day right to cancellation rule on contracts secured by door-to-door transactions; a company has an obligation to give you a written contract with notice provisions allowing you to cancel within 3 days of signing.
- What does your contract say about the solar panel company’s responsibility to you if the contractor does a bad job? Often, the company selling the panels is not the company that installs the panels, and the contract may contain limits on selling company’s liability that affect your rights.
- You may still have to pay the finance company, even if your solar panels are not completed.
- The transaction is conducted in the homeowner’s language, but the documents provided are all in English.
- The transaction is conducted in electronic format without allowing the consumer the ability to read the contract first, and not providing the consumer with an electronic or hard copy.
- The contract may require mandatory arbitration in the event of a dispute—what is mandatory arbitration, and is it something a consumer might want to avoid?
Ross and Matthews can help. We can advise you on these and other issues if you are contemplating the installation of solar panels.