Solar panel companies to avoid 2021 usa

Stay away from solar panel companies that lack transparent pricing and offer poor customer service. Choose wisely and avoid potential scams or unreliable installations in the USA in 2021.

As the demand for renewable energy sources continues to rise, solar panels have gained immense popularity in recent years. Many individuals and businesses are looking to invest in solar panels to reduce their carbon footprint and save on energy costs. However, with so many solar panel companies in the market, it can be challenging to determine which ones are trustworthy and reliable. Therefore, this article aims to highlight some solar panel companies that you may want to avoid in 2021 in the USA.

1. Suntech Power Holdings: Suntech Power Holdings, once a major player in the solar industry, filed for bankruptcy in 2013 due to soaring debt. While they have reemerged since then, their financial instability raises concerns about their long-term reliability. Homeowners and businesses should consider companies with a more secure financial foundation to ensure warranty protection and continued support throughout the life of their investment.

2. Yingli Green Energy: Yingli Green Energy, also known as Yingli Solar, faced financial troubles in recent years, resulting in falling stock prices and mounting debt. They failed to meet their financial obligations, which raised questions about the sustainability of their operations. Investing in a solar panel company with a challenging financial situation can put customers at risk of receiving insufficient maintenance and warranty support.

3. Hanergy Thin Film Power Group: Hanergy Thin Film Power Group, a leading solar panel manufacturer, has been involved in various controversies and legal issues. The company's founder, Li Hejun, faced accusations of market manipulation, leading to a major stock market crash in 2015. Moreover, there have been concerns about the performance and reliability of their thin-film solar panels, making their products less attractive compared to more established and trusted alternatives.

4. Sungevity: An example of a solar panel company that faced financial difficulties rather than technological or legal issues is Sungevity. They filed for bankruptcy in 2017 due to a combination of high costs and intense competition. Despite emerging from bankruptcy under new ownership, it is essential to consider a company's financial stability to ensure that your investment isn't jeopardized by potential insolvency issues.

5. Verengo Solar: Verengo Solar, once regarded as one of the largest residential solar installers in the US, closed its doors in 2016. The company faced multiple customer complaints regarding poor customer service, installation delays, and faulty equipment. It is critical to research a company's reputation and customer reviews before deciding to work with them, to avoid similar problems in the future.

As you consider investing in solar panels, it is essential to conduct thorough research and due diligence before committing to a specific solar panel company. Here are some key factors to keep in mind when evaluating potential solar panel providers:

a) Financial Stability: Opt for companies with a strong financial foundation, as this ensures long-term warranty support and reliability.

b) Customer Reviews: Check online reviews and seek testimonials from previous customers to gauge their overall satisfaction and the quality of their installations.

c) Industry Experience: Choose companies with proven expertise and a track record of successful installations. Established players with years of experience are more likely to provide reliable and efficient solar panels.

d) Product Performance: Look for solar panel manufacturers known for producing high-quality, reliable panels that have been tested and certified by relevant authorities.

e) Warranty and Service: Ensure that the company offers comprehensive warranty options, including coverage for both equipment and installation. Additionally, verify the company's customer support channels and their responsiveness to facilitate future maintenance or troubleshooting needs.

Investing in solar panels is a long-term commitment, not only for your financial stability but also for environmental sustainability. By avoiding solar panel companies that have shown signs of unreliability, financial instability, or a questionable track record, you can make a more informed decision to choose a company that will deliver on its promises and provide a sustainable and efficient solar energy solution for years to come.