Big issue solar companies

Are customer complaints a problem in the solar industry?

Customer complaints against the country’s residential rooftop solar industry have increased dramatically in recent years. One-star ratings on Solar Reviews increased more than 1,000% since 2018. Across the country, prosecutors are investigating high-pressure sales tactics and misleading financing arrangements.

Is the solar industry in trouble?

Residential solar representatives dispute the claim that the industry is in trouble; though installations will decline in 2024, the number of homes with rooftop solar will increase from 4 million today to 10 million by 2030, according to Stephanie Bosh, vice president of communications for the Solar Energy Industries Association.

Why is the residential solar industry struggling?

Its struggles also highlight why the residential solar industry is struggling in the U.S., Lezcano says. Solar companies are spending huge amounts of money on overhead, including sales and marketing, which makes panels more expensive for homeowners.

Is the solar industry on the verge of collapsing?

Read More: The Rooftop Solar Industry Could Be on the Verge of Collapse. SunPower is one of the top five or 10 residential solar installers in the nation, according to Pol Lezcano, an analyst at BloombergNEF. Its struggles also highlight why the residential solar industry is struggling in the U.S., Lezcano says.

Why are some solar companies having trouble surviving and making money?

Some companies are having trouble surviving and making money installing panels because of intense competition and the high costs of doing business. Solar panels atop a home in Brooklyn. Home solar installations, measured by their power capacity, grew 17 percent last year. Karsten Moran for The New York Times

Is rooftop solar a bad business?

The rooftop solar business is a big source of consumer complaints. Across the country, prosecutors are investigating sales practices and financing arrangements. Now the solar industry is working to repair its reputation.