THE ROOFTOP SOLAR INDUSTRY COULD BE ON THE VERGE OF COLLAPSE

Summary from the TLDR newsletter

Solar panel salespeople obscuring the specific terms of financial agreements and clouding the value of their products are causing a storm in the solar panel industry. Law firms across the US are claiming to receive multiple calls every week from potential clients with stories of dodgy salespeople causing them to sign up for deals that they can't afford. Some of the nation's biggest public solar companies are struggling to stay afloat as questions arise over the viability of the financial products they sold to both customers and investors. These factors could topple the residential solar industry: more than 100 solar dealers and installers in the US declared bankruptcy in late 2023 alone.