TBA Law Blog


Posted by: Stacey Shrader Joslin on Nov 28, 2022

Tennessee Attorney General Jonathan Skrmetti joined a coalition of eight attorneys general last week in sending a letter to five solar lending companies: Dividend Solar Finance, GoodLeap, Riverbank, Sunlight Financial and Solar Mosaic. The letter urges the companies to suspend loan payments and accrual of interest for customers who financed the purchase of a solar power system from Pink Energy and have not received a working solar power system. The letter also asks the lenders to assist customers who are experiencing functionality and installation issues. The move follows complaints filed against Pink Energy, which abruptly closed operations and filed for bankruptcy in October. Customers allege that the company misled them about the performance of its products and their potential eligibility for tax credits.