Technology

What Do I Do If My Recent Star Company Goes Out Of Business?

It's been a remarkable few years on the "solar coaster.” a mix of state incentives and plummeting solar array costs caused the largest boom in star installations of all time in Golden State back in 2015 and into 2016. Consequently, several small-scale contractors and even electricians complete the quantity of cash being endowed and many firms popped up in an exceedingly flash. it had been a star gold rush.

But once the federal reduction was extended for four additional years at the top of 2015 – rather than ending in 2016 – the urgency to “Worcester solar panels” drifted away because the point in time was currently extended. This caused star sales for 2016 overall to quickly block for the primary time in a few years.

As a result of this fastness within the market, several star firms WHO had been obtaining millions of work while not even attempting were caught off guard by new prices and new challenges. With too several firms going once several fewer customers, client acquisition prices suddenly redoubled. and a few of the recent aggressive techniques – like door-to-door bell ringing or departing telecommerce – currently did additional damage than sensible as householders declared they were uninterested in such ways. And so, the dominoes began to fall.

Unable to stay up with the new, higher operational prices throughout the delay, even some giant firms with millions of customers are no longer around. If your star company recently went out of business, you most likely have several questions:


1. My scheme wants maintenance, what do I do?

In general, the responsibility for in-progress service is handled underneath the warranty of the manufacturer that creates the equipment; the star company handles the solar array warrantee and therefore the electrical converter company handles the electrical converter. The business model is analogous to home appliances. If you've got a washer and therefore the individuals you purchased it from don't seem to be in business any longer, you'll be able to typically notice another company that's a delegated repair company for that completion of the washer. So, if you bought LG panels put in, by your star company that's now not in business, no problem, simply decision another LG dealer and that they ought to pay attention to it. the nice news is that SunPower by Stellar star has put in and serviceable all the foremost brands of star panels and might typically pay attention to yours.

2. What happens to my lease?

Leases area unit transactions are principally created with a 3rd party finance cluster. thus star customers sign a contract with a separate leasing company (not their star install company) which is WHO is chargeable for in-progress maintenance and upholding the terms of the lease – (whoever you create your payments to).

In the case of bankruptcy, those lease contracts that area unit still effective area unit thought of assets and might so be oversubscribed to alternative firms as a part of liquidation proceedings.

But in either case, these firms typically sub-contract the work to native firms – like SunPower by Stellar star – which is WHO will do the work. We tend to area units presently acting on substitution of many star panels for purchasers (at no charge to them) WHO were a part of a national recall action.

3. What if I would like additional panels or add new wireless monitoring?

A knowledgeable star company ought to be able to adapt new panels or observations to your existing system. like your call 413-216-9053, you ought to do your due diligence to search out a well-thought-of, long-standing company with a memoir.

If you can, select a neighborhood company that features a nice name - particularly on review sites like Yelp, Angie's List, and Google+. Also, hunt for an organization that has been around for a while, ideally 5+ years, thus you recognize they need the monetary longevity to form it through dips within the market. That way, you may grasp you will have an organization backing you up for years to come back.

A few sensible native firms that are around for a while area unit simple to search out once you look. In point of entry and Orange County, you've got Baker electrical star, Sullivan alternative energy, Sunline Energy, and after all, SunPower by Stellar star. we've got been around since 1998, longer than the other star company within the space, and have completed over six,500 installations since our origination. we will service your system, set you up with observation, and even add panels to your system if you wish them.

So if you need service or maintenance for your existing scheme, shoot North American country AN email or provide American country with a decision. Likely, we will assist you no matter your wants is also.