When it comes to solar panel warranties and lawsuits, a frequently asked question is, “How many years do I need to have left on my warranty for a valid claim?”
The answer, like many legal questions, often begins with “it depends.”
Here, we’ll explore the factors that play into warranty-related claims and how they can affect your case.
The Role of Warranties in Solar Panel Lawsuits
Solar panel warranties are designed to guarantee certain levels of performance and reliability over a specified period. However, when the solar company that provided the warranty goes out of business, questions about its validity and value arise. Whether you can make a strong claim often depends on the remaining duration of your warranty and other factors surrounding your solar panel purchase.
Want Help From The Law Firm Solely Focused on Solar Panel Lawsuits?
Click below and complete the form to learn more.
Even One Year Can Make a Difference
If you only have one year left on your warranty, this doesn’t automatically disqualify you from making a claim. In many cases, a breach of warranty is a breach of warranty. Even a short remaining warranty period can help strengthen your case. For instance, if you’re able to prove that the warranty terms were not met, this could influence the outcome of your claim.
Having only a short time left on your warranty might not cancel your entire loan. However, it can lead to adjustments in the loan’s value. In other words, if you paid for a product or service but didn’t get the full benefits promised under the warranty, the loan balance could be reduced accordingly.
Factors That Impact Your Claim
In addition to the remaining time on your warranty, several other claims can strengthen your case:
- Misrepresentation of Tax Credits: If you were promised tax benefits that didn’t materialize, this could add weight to your claim.
- Overstated Savings: Many solar companies have been accused of exaggerating the financial savings their systems would provide. Proving this misrepresentation can bolster your case.
- Loan Affordability: If the solar company failed to explain how the loan payments would work in relation to your expected savings, this might be another basis for your claim.
- Partial Warranty Usage: For example, if you purchased a 5-year warranty but the company went out of business after 3 years, you’re entitled to compensation for the remaining 2 years of the warranty you paid for.
Arbitration and Other Legal Avenues
Having warranty-related issues can also serve as a gateway to addressing other concerns in front of an arbitrator. Claims such as tax misrepresentation, inaccurate energy savings estimates, and hidden dealer fees can all be evaluated in tandem with warranty disputes.
Even if your claim doesn’t eliminate the entire loan, it might significantly reduce your financial burden. It could also expose other areas where the solar company fell short of its obligations.
Final Thoughts
If you’re facing issues related to your solar panel warranty, it’s crucial to remember that the length of time left on your warranty is only one part of the equation. Misrepresentations, unfulfilled promises, and other breaches of contract can all contribute to a strong case.
Navigating these claims can be complex, especially if the solar company has gone out of business. Consulting with a lawyer experienced in solar panel litigation is the best step forward. They can help assess your situation and determine the most effective strategy to protect your rights and financial interests.
