Solar Financing Problems — Review Your Solar Loan
Solar Financing
SOLAR FINANCING PROBLEMS
YOUR LOAN MAY NOT BE WHAT YOU WERE TOLD
Solar financing agreements can be complex, and homeowners are sometimes not fully informed about the terms, costs, and conditions of their loans. If your solar financing isn't what you expected, we can help you understand your situation.
COMMON SOLAR FINANCING ISSUES
These are some of the most common financing-related concerns we hear from homeowners.
DEALER FEES
Solar loans often include substantial dealer fees added to the loan amount — sometimes tens of thousands of dollars — that homeowners may not have been clearly informed about.
PAYMENT ESCALATORS
Some financing agreements include provisions that allow payments to increase over time. Homeowners may not have been clearly informed that their payments could change.
MISREPRESENTED LOAN TERMS
The terms of the financing agreement — including interest rate, total cost, and payment schedule — may have been misrepresented during the sales process.
TAX CREDIT REPRESENTATIONS
Homeowners are sometimes told they will receive a federal tax credit that will reduce their loan balance. If the credit isn't applied as expected, the loan balance and payments may be higher than anticipated.
FINANCING COMPANY ISSUES
Some homeowners have concerns about the financing company itself — including how the loan was originated, whether proper disclosures were made, and what their rights may be.
TOTAL COST CONCERNS
The total cost of a solar system over the life of a loan can be significantly higher than what was represented. Understanding the true cost is an important part of evaluating your situation.
WHAT YOU SHOULD DO IF YOU HAVE CONCERNS
If you have concerns about your solar financing, the first step is to gather your documents — your loan agreement, original solar proposal, and any communications from the solar company or lender.
Understanding what you signed and what you were told are both important parts of evaluating your situation.
A free review can help you understand what options may be available based on your specific circumstances.
Documents That May Be Relevant
Every situation is different. Results are not guaranteed. Submitting an inquiry does not guarantee solar contract cancellation or any particular outcome. The information on this page is for general informational purposes only and does not constitute legal advice.
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