the staff of the Ridgewood blog
Deceptive practices by solar panel salespeople, who deliberately obscure the specific terms of financial agreements and obfuscate the true value of their products, are creating upheaval in the solar panel industry. Law firms across the United States report a surge in calls from individuals who have fallen victim to unscrupulous sales tactics, leading them to commit to agreements beyond their financial means. The repercussions are now affecting major public solar companies, raising concerns about the sustainability of the financial products they promoted to both customers and investors. The residential solar industry is facing significant challenges, with over 100 solar dealers and installers in the US declaring bankruptcy in the latter part of 2023 alone.
