If you`re one of the many homeowners who have signed a solar contract only to later regret it, don`t fret. There are options available to get out of a bad solar contract. Here`s what you need to know to make an informed decision.
1. Review your contract thoroughly
The first step in getting out of a bad solar contract is to review it thoroughly. Look for any clauses that pertain to contract cancellation, early termination fees, and the rights of the solar company to place a lien on your home.
2. Assess your reasons for wanting to get out
Are you looking to end your contract because of a financial hardship, a change in your living situation, or simply because the system isn`t performing as promised? Knowing why you want to get out of the contract will help you determine the best course of action.
3. Negotiate with your solar company
If you`re experiencing financial difficulties or your system isn`t performing as promised, contact your solar company to discuss your options. Many companies are willing to work with customers to find a mutually beneficial solution.
4. Consider transferring ownership of your system
If you`re looking to sell your home, transferring ownership of your solar system to the new owner may be an option. Be sure to check with your solar company to see if they allow for this type of transfer.
5. File a complaint
If you`ve exhausted all options with your solar company and feel that you`ve been treated unfairly, you may file a complaint with your state`s attorney general`s office. They may be able to assist with resolving disputes between you and your solar company.
In summary, getting out of a bad solar contract may seem daunting, but it`s not impossible. By carefully reviewing your contract, assessing your reasons for wanting to get out, negotiating with your solar company, considering transferring ownership, and filing a complaint if necessary, you can take steps towards finding a solution that works for you.