Going solar is a smart investment that offers numerous benefits, from reducing energy bills to contributing to a sustainable future. However, when a solar installer goes out of business, it can leave homeowners feeling anxious about the status of their warranties and support for their solar systems. As California’s leading solar service and repair company, EnergyAid is here to shed light on what happens to your solar warranty in such situations and how you can ensure your solar system remains in top condition. We’ll also discuss why some solar companies go out of business and how you can protect your warranty.
What Happens to Your Warranty if a Solar Company Goes Out of Business?
When a solar company goes out of business, it can be concerning for homeowners who have invested in solar systems. The fate of your warranty largely depends on the terms and conditions specified in the warranty agreement. In most cases, there are two possible scenarios:
- Transfer of Warranty: Some solar manufacturers offer warranties that are tied directly to the solar panels or inverters, independent of the installer. In such cases, even if the installer goes out of business, the warranty remains intact, and you can still claim it through the manufacturer. Manufacturers like SolarEdge, Enphase, SMA, FIMER, and Fronius are reputable brands known for their quality products and long-term warranties.
- Installer Warranty: In other cases, the installer may provide additional warranties or guarantees on the installation workmanship and ongoing support. If the installer goes out of business and these warranties were not backed by the manufacturer, it could be challenging to receive support or file claims. Notable companies like Petersen Dean, Horizon, Sungevity, and Sullivan, which have faced financial challenges, might have left homeowners concerned about their warranties.
To know the status of your warranty and understand your options, get in touch with EnergyAid. Our team of experts can assess your warranty coverage and provide guidance on the next steps to ensure your solar system continues to perform optimally.
Do Solar Panel Warranties Transfer to New Owners?
If you are considering selling your home with a solar system, you might wonder whether the solar panel warranty transfers to the new owners. The answer to this question depends on the type of warranty your solar panels have:
- Manufacturer’s Warranty: Most solar panels come with a manufacturer’s warranty, which often extends for 25 to 30 years. The good news is that these warranties often do transfer to the new homeowners. This transferability can be an attractive selling point for your property as it provides the new owners with peace of mind regarding the performance and reliability of the solar panels.
- Installer’s Warranty: On the other hand, if the installer provided additional warranties or workmanship guarantees, they might not be transferable to the new owners. In such cases, the warranty coverage would be limited to the original homeowner.
To ensure a smooth transition of warranties to the new homeowners, it is essential to have all relevant documentation and warranty transfer processes in place. EnergyAid can assist you in facilitating this process and ensuring the new owners are aware of the warranty details and how to access support if needed.
Why Do So Many Solar Companies Go Out of Business?
The solar industry has experienced rapid growth over the past decade, with numerous new companies entering the market. While many of these companies thrive and provide excellent service, some have struggled to remain financially stable. Several factors contribute to solar companies going out of business:
- Intense Competition: The solar market is highly competitive, with many companies vying for customers. Smaller companies or those without a solid market presence may struggle to compete effectively.
- Lack of Experience: Some newer solar companies may lack the experience and expertise required to handle the complexities of solar installations and long-term customer support. Improper installation can lead to various issues, affecting the performance and longevity of your solar system.
- Changing Incentives: Government incentives and policies can significantly impact the demand for solar installations. Changes in these incentives may lead to fluctuations in business for some companies.
- Economic Factors: Economic downturns can affect consumer spending and investments, impacting the demand for solar installations.
- Shifting Technology Landscape: Advancements in solar technology can render older systems less attractive, leading to reduced demand for the products and services of certain companies. Regular maintenance and timely upgrades can help you stay ahead of the curve and ensure your solar system operates efficiently.
What Voids a Solar Warranty?
To ensure your solar warranty remains valid, it is crucial to adhere to certain guidelines and best practices. Here are some common actions that can void your solar warranty:
- Unauthorized Repairs or Modifications: Making unauthorized repairs or modifications to your solar system can void the warranty. Always rely on qualified professionals like EnergyAid for any repairs or maintenance. We have the expertise to identify and address any issues with your solar panels, wiring, inverters, or other components.
- Neglecting Maintenance: Regular maintenance is essential for the optimal performance of your solar system. Failure to maintain your system properly may lead to warranty voidance. Solar panel cleaning, inspections, and performance checks are vital to identify potential problems and ensure your system’s longevity.
- Using Unapproved Components: Installing unapproved components or accessories that are not compatible with your solar system can void the warranty. At EnergyAid, we use genuine parts and components from reputable manufacturers to ensure the integrity of your solar system and maintain its warranty coverage.
- Environmental Damage: Damage caused by environmental factors like floods, fires, or storms may not be covered under the warranty, depending on the terms and conditions. While some solar panels are designed to withstand harsh weather conditions, it’s essential to have a professional inspection to assess any potential damage.
- Non-Compliance with Installation Guidelines: If your solar system was not installed according to the manufacturer’s guidelines or applicable building codes, the warranty may be voided. At EnergyAid, we follow industry best practices and adhere to manufacturer guidelines to ensure a flawless installation.
When your solar installer goes out of business, it can be a concerning time for solar system owners. However, understanding the details of your warranty and seeking expert advice can help you navigate this situation with confidence. EnergyAid is here to support you through any warranty-related challenges and provide top-notch service, maintenance, and repairs for your solar system.
Call us at 877-787-0607 for expert guidance or visit our website to schedule service. Our team of skilled professionals is ready to ensure your solar system, including panels, wiring, inverters, and monitoring systems, continues to harness the power of the sun for years to come. Regular maintenance and timely repairs are key to the longevity and efficiency of your solar system. Trust EnergyAid to be your partner in keeping your solar investment operating at its best!