Comments on: SunRun Lease (L.A. & Arizona): The Basics

By: Tor a.k.a. "Solar Fred"

Fri, 19 Jun 2009 22:09:40 +0000

Thanks Sydney, for that clarification. Please feel free to clarify anything here. I want this blog to be an open and honest dialog about solar. The good, the bad, and the ugly, including any of my posts! So if anything's inaccurate in my posts about SunRun, leave another comment. Thanks for reading. I liked your post on solar as a Father's Day gift, BTW.

By: castisquid

Fri, 19 Jun 2009 21:57:04 +0000

Hi all, it's Sydney from SunRun. Solar Fred – thanks so much for a great post! I just wanted to weigh in on the "what happens if you go belly up?" question. The really cool thing is that, the way we're set up, no creditor will ever have any claim to your system. And the customer is definitely not obligated to fulfill their contract. In other words – worst case scenario – you'll have panels on your house for which you paid a lot less than you otherwise would have.Hope that helps!

By: Tor a.k.a. "Solar Fred"

Tue, 16 Jun 2009 16:58:41 +0000

Hey, Zane,I believe you will have to fulfill your contract, which is more valuable to any creditors than the solar panels being liquidated. You might also be able to negotiate to buy the panels. I also believe that there's some kind of provision that would continue to support and maintain the panels, even if the company were to go bust. Again, behooves the creditors to keep SunRun's side of the bargain, since you provide them income. That being said, read your contract for any details.

By: zane

Tue, 16 Jun 2009 09:17:07 +0000

It would be good to know what happens if/when the company goes bankrupt. Do you get to keep your panels? Or might they be liquidated?