Solar contract guide
My solar company went out of business. What happens to my loan?
In most cases the loan or lease doesn't go away when the installer does. What usually changes is who you pay and who covers repairs.
Check my contract freeHow it usually goes
- The sale
A friendly rep at your kitchen table
Lower bills, a warranty, someone to call if anything breaks. You sign on a tablet. Usually two contracts: one for the solar, one for the loan.
- Install day
The panels go up
The installer gets paid up front by the lender. From here on, your loan is with the lender, not the installer.
- Then
The company closes
Bankruptcy, a sale, or the phones just stop. Repairs stall and the warranty gets murky.
- Now
The payments keep coming
The loan or lease was sold or kept by someone else. You're still paying, now to a company you never met.
Gather these four things first
Keep making your payments while you sort this out. Missed payments can hurt your credit.
- Your solar agreementWhat you bought and what was promised.
- Your loan or lease agreementOften a separate document from the solar one.
- Your latest statementShows who services your account now.
- Anything from the saleProposals, savings estimates, texts from the rep.
Sound familiar? Tap any that apply.
Tap anything that sounds like your situation.
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Sources
- Electrek: SunPower files for Chapter 11 bankruptcy (Aug 2024)
- NerdWallet: The latest on SunPower's bankruptcy
- pv magazine: Titan Solar latest in residential solar business closures (June 2024)
- pv magazine: Sunnova subsidiary files for bankruptcy protection (June 2025)
Updated October 13, 2026. General information, not legal advice.