What’s Behind Solar Company Bankruptcies and Closures?

More homeowners are running into the same problem right now: solar companies going out of business. When your installer shuts down, a working system can turn into an unsupported system fast, with limited service options, lost monitoring access, and a workmanship warranty that may no longer be honored. That’s why concerns about solar bankruptcies have spiked.

Some of the biggest and most recent U.S. cases include major residential brands and financing platforms entering bankruptcy or shutting down between 2024 and 2025, including SunPower, Titan Solar Power, Sunnova, and Mosaic. A big driver is demand volatility in residential solar. Higher interest rates make monthly solar loan payments less attractive. Also, the residential solar tax credit is no longer available except for leases and power purchase agreements for new solar systems.

If you have a system installed by a solar company out of business, GreenLancer can help. With over 10 years of industry experience, we offer nationwide solar repair and maintenance services to get systems back online. Our team quickly diagnoses issues and performs professional repairs using current technology and permitting expertise.

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What Happens if Your Solar Company Goes Out of Business?

When you realize your installer is gone, it can feel like you have no options. The good news is that you can usually take a few practical steps to understand what’s wrong and get your system serviced, even in a solar company out of business situation.

Step-By-Step Checklist For Homeowners

🟩 Confirm Whether The System Is Producing

Start with the easiest checks. Open your monitoring app (Enphase, SolarEdge, Tesla, etc.) and see whether your system shows current production. If you cannot access the monitoring account, check your inverter screen for basic status messages like “Producing,” “Standby,” or a fault code.

🟩 Gather Key Documents And Paperwork

Collect anything that will help a service provider or manufacturer understand how the system was built and approved:

• Your contract and scope of work

• The permit set (plan drawings), if you have it

• Final inspection sign-off from the building department, if available

• The utility permission to operate (PTO) letter or email, if you received one

• Warranty information for the inverter, solar panels, racking, and batteries

If you do not have these, don’t worry. You can often retrieve permit documents from your city or county online portal, and some utilities will confirm interconnection status if you provide your address and account number.

🟩 Gather Your Equipment Details

Write down the inverter brand and model, and take a photo of the equipment label showing the serial number. If you have batteries, do the same for the battery system and gateway/backup controller. This matters because equipment warranties often still apply even when the installer is gone. It also speeds up troubleshooting when a solar company goes out of business, and you need help fast.

🟩 Confirm Your Agreement Type And Who Holds The Financing

Next, confirm whether you have:

• A loan (you own the equipment)

• A lease

• A power purchase agreement (you pay for energy produced)

Then identify the loan servicer or third-party owner. This step can reduce headaches later, because some servicing paths, monitoring ownership, and repair responsibilities depend on your contract. It also helps you avoid paying the wrong party if your original provider shut down during solar bankruptcies and your account changed hands.

🟩 Get Warranty Support With A Qualified Service Provider

If the issue looks like failed equipment (inverter error codes, optimizer faults, battery faults), the manufacturer's warranty may still cover the replacement part. However, in most cases, the warranty does not cover labor.

So, you’ll still need a qualified solar technician to diagnose the problem, submit the warranty claim, and install the replacement equipment. Many third-party providers, including GreenLancer, can help manage the warranty process and complete the repair work, which is often the fastest way to get an orphaned system producing again.

⚠️ Quick Safety Note

Avoid roof work and do not open electrical equipment enclosures. Solar and battery systems can carry dangerous DC and AC voltages even when the system appears “off.” If you see burning smells, melted components, water intrusion near electrical gear, or tripped breakers that won’t reset, stop troubleshooting and call a qualified technician.

Bankruptcy Vs Closure Vs Restructuring: What It Means For Service Options

Homeowners often use “bankruptcy” as a catch-all, but there’s a real difference between a company that shut down, one that is reorganizing, and one that is liquidating. Knowing which situation you’re in helps you understand whether any support may continue and what your next steps should be if your solar company is out of business.

Closure: Support Disappears Quickly

A closure can be sudden and messy. Phones stop working, service departments vanish, and open punch-list items may never be completed. If your installer closed without transferring accounts or documentation, you may lose access to monitoring credentials, system design files, and the original workmanship warranty. This is the most common scenario homeowners mean when they say their solar company is out of business.

Chapter 7 Vs Chapter 11 In Plain Language

Chapter 7 usually means the business is shutting down and selling off assets. For homeowners, that often translates to little or no support going forward. Chapter 11 is typically a reorganization process. A company may keep operating while it restructures, sells a division, or transitions customers to a new owner. That can be good news, but response times and service quality can still be inconsistent during the transition.

Restructuring Or Asset Sale: Service May Continue, But Expect Disruptions

Sometimes a brand, customer contracts, or service obligations get sold to another company. That can keep some support alive, but it can also lead to changes in:

• Who owns your monitoring account

• Whether a service team will travel to your area

• How warranty claims and labor costs are handled

If you’re dealing with solar bankruptcies, keep copies of your contract, warranty documentation, and any proof of system purchase. Those documents can matter if ownership changes hands.

Why This Affects Monitoring Access, Parts, And Warranty Handling

When a solar company goes out of business, the first thing that often breaks is the service chain: access to monitoring platforms, warranty paperwork, and the ability to source the right replacement parts quickly.

Even if your equipment warranty is still valid, many manufacturers require a qualified installer or service technician to diagnose the problem and submit the claim. That’s why homeowners impacted by solar company bankruptcies often need third-party help to move from a system that is down to a warranty replacement that is approved and installed.

Warranties When A Solar Company Goes Out Of Business

When a solar company is out of business, your coverage often depends on the type of warranty and who issued it. Many homeowners still have options, but the process can take more coordination.

Equipment Warranty Vs Workmanship Warranty

• What Usually Still Applies - Manufacturer equipment warranties for inverters, solar panels, optimizers, and batteries often remain valid even if the installer shut down.

• What Often Disappears - Installer workmanship and labor coverage typically ends when the company closes, so you may have to pay out of pocket for diagnostics, removal, and repair labor.

How To File A Warranty Claim When The Installer Is Gone

Most manufacturers typically require proof of purchase, serial numbers, photos of the equipment label and installation, any error codes from the inverter or monitoring portal, and a qualified diagnosis from a solar technician.

Solar Companies Going Out of Business

Residential solar has reached millions of U.S. homes, but 2024 and 2025 also brought a noticeable wave of solar company bankruptcies and sudden shutdowns. Some of the biggest recent cases include Sunnova's Chapter 11 filing in June 2025, Mosaic filing for Chapter 11 in June 2025 followed by its exit later in 2025, SunPower Corporation's filing for bankruptcy in August 2024, and Titan Solar Power shutting down in June 2024, followed by a bankruptcy filing.

Common drivers behind why solar companies are going out of business include:

• Higher interest rates make solar loans harder to sell

• Tighter access to capital for lenders

• Rising customer acquisition costs

• Thinner installer margins

• Project delays tied to labor constraints and equipment logistics

• State policy changes that reduce export value in key markets, which can trigger sharp demand swings

Industry analysts locate the root causes in several converging factors behind the spike in solar company bankruptcies in 2025:

• High interest rates & shrinking financing appetite — Solar loans become less attractive to homeowners. Sunnova cited high debt and weak demand in its filing.

• Shrinking margins & fierce competition — Multiple installers competing for fewer tilted-roof leads, resulting in reduced profitability.

• Labour and supply chain bottlenecks — Skilled-installer shortages and equipment delays raise soft costs.

• Incentive fragility & policy uncertainty — Transitioning to less favourable net-metering tariffs in key states and expiration/phase-down of federal credits hurt business models.

For homeowners, the biggest issue is not the headline, it is the service gap.

“Some orphaned solar systems have not received permission to operate (PTO) and haven’t been commissioned due to solar company closures,” explains Patrick McCabe, co-founder and president of GreenLancer. “This leaves homeowners in a difficult position, making loan payments on solar systems that provide no energy bill savings.”

When a solar company is out of business, homeowners can lose monitoring access and installer workmanship coverage, and even when equipment warranties still apply, labor is usually not covered and a qualified technician is still needed to diagnose, file the claim, and install replacement parts.

Why are Solar Companies Going Out of Business?

Homeowners are seeing more headlines about solar companies going out of business because the residential market has been volatile. SEIA and Wood Mackenzie reported the U.S. residential segment installed 4,710 MWdc in 2024, a 32% decline from 2023, which creates demand swings that many installers and lenders cannot absorb.

Higher interest rates and less attractive solar loans can push monthly payments up and slow sales, which increases the risk of solar bankruptcies.

• Higher interest rates and less attractive solar loans can push monthly payments up and slow sales, which increases the risk of solar bankruptcies.

• Tighter access to capital for lenders can reduce loan availability and approvals, even for qualified homeowners.

• Rising customer acquisition costs and thinner margins leave less room for project delays, callbacks, and warranty work, which can lead to solar company bankruptcies.

• State policy changes that reduce solar energy bill credit value in key markets can trigger sharp demand shifts, which is one reason people ask why are solar companies going out of business.

Selected National or Multi-state Solar Company Bankruptcies or Closures

Not every company that shuts down files for bankruptcy, and some brands continue under new ownership after an asset sale. This short list highlights a few widely reported examples of solar companies going out of business that homeowners commonly search for when they are dealing with a solar company out of business situation.

ADT Solar Exit in 2024

ADT expanded into residential solar through its acquisition of Sunpro Solar, then later decided to exit the solar business. ADT said it would wind down residential solar operations due to performance and broader market conditions, and it stopped pursuing new installs. For homeowners, this is a reminder that a company can leave the market without a bankruptcy filing, which can still create a service gap when the original installer is no longer active.

Mosaic Chapter 11 Bankruptcy and Exit

Mosaic, a major residential solar loan provider, filed for Chapter 11 bankruptcy in June 2025 and later exited bankruptcy in September 2025. As part of its reorganization plan, Mosaic’s loan servicing operations were acquired by Solar Servicing LLC, a subsidiary of Forbright Bank.

If you have an existing loan that was originated by Mosaic, it is now likely managed by Solar Servicing LLC. While your original loan terms, interest rates, and payment schedules remain exactly the same, your billing statements and customer portal have transitioned to the Solar Servicing brand. It is critical to confirm your account login with Solar Servicing to ensure payments are processed correctly and to avoid any disruptions in your credit reporting.

Pink Energy Bankruptcy

Pink Energy, formerly Power Home Solar, shut down after heavy consumer complaints and legal scrutiny. The company filed for Chapter 7 bankruptcy in October 2022. For affected homeowners, the practical impact was the same as many other solar company bankruptcies: unfinished work, performance disputes, and the need to find third-party service.

Solcius Bankruptcy

Solcius filed for Chapter 7 bankruptcy in February 2024. For homeowners, the key takeaway is that even when an installer shuts down, equipment warranties may still exist, but you typically need a qualified technician to diagnose the issue and handle any warranty paperwork. This is a common theme in solar bankruptcies: the system may be serviceable, but the original support path is gone.

Sunnova Asset Sale and Transition to SunStrong

Sunnova filed for Chapter 11 bankruptcy in June 2025 following a period of high debt and shifting market policies. By late 2025, the company completed a court-approved sale of substantially all its assets to Solaris Assets, LLC.

Core operations and residential solar servicing have transitioned to SunStrong Management, LLC. While the original Sunnova corporate entity is winding down, SunStrong is now the full-service asset manager responsible for the day-to-day operations and support of existing customer systems. If you are a former Sunnova customer, your system monitoring and service requests should now be directed through the SunStrong platform.

SunPower Restructuring

SunPower Corporation filed for bankruptcy in August 2024. In a major industry shift, the company was not simply liquidated; instead, its "crown jewel" assets—including the Blue Raven Solar division, the New Homes division, and the SunPower brand name were acquired by Complete Solaria (now operating officially as SunPower Inc.).

If you are a Blue Raven or New Homes customer, your original installation agreements and warranties are generally being honored by the new SunPower entity, as these divisions were kept intact.

• If you were a legacy SunPower direct customer (pre-Sept 2024): The "New SunPower" (Complete Solaria) did not assume the liabilities for systems installed before the acquisition. This means your original workmanship warranty is likely void.

• The Monitoring Situation: Systems are currently being transitioned to SunStrong Management for ongoing monitoring. While many customers have reported service gaps during this handoff, you may be required to pay a new monthly fee to maintain access to your production data.

Titan Solar Power Closure - 2024

Titan Solar Power shut down abruptly in June 2024 and later filed for Chapter 7 bankruptcy. Reports described a large number of affected customers and installers connected to its dealer model. For homeowners, an abrupt shutdown is one of the toughest solar company out of business scenarios because projects may be incomplete, and it can be hard to track down plans, inspection status, or monitoring credentials.

Vision Solar Bankruptcy

Vision Solar filed for Chapter 7 bankruptcy in December 2023, which was noted publicly by the Connecticut Attorney General. Chapter 7 is a liquidation process, which often means the company stops operating, and service support ends. Vision Solar had operated across multiple states and faced significant consumer complaints and regulatory attention leading up to the filing.

Impact Of Solar Company Bankruptcies On The PV Industry

Solar bankruptcies and solar companies going out of business do more than disrupt individual households. They also affect financing, contractor pipelines, and long-term confidence in residential solar, which can slow growth even for healthy companies.

Tighter Financing And Slower Project Pipelines

When a lender or large platform restructures, underwriting can tighten, and approvals can slow. Installers may need to switch financing partners midstream, which can delay contracts, change pricing, and increase cancellations.

Higher Service Burden Across The Industry

As more systems become orphaned, more work shifts to third-party service providers, local installers, and manufacturers’ support teams. That increases demand for troubleshooting, documentation, and commissioning fixes, especially for systems with monitoring gaps or incomplete closeout.

Trust And Reputation Headwinds

Closures and lawsuits tend to get amplified online, which can make buyers more hesitant. Even homeowners with no issues may worry about long-term support, which raises the bar for installers to prove they will be around after the sale.

Consolidation And A Shift Toward Recurring Service

A volatile market tends to favor companies with stronger balance sheets and recurring revenue from service plans, monitoring, and maintenance. Over time, solar bankruptcies can push the industry toward more standardized handoffs, clearer warranties, and stronger service networks.

GreenLancer Offers Reliable Support for Orphaned Systems

That’s where GreenLancer steps in. We provide nationwide solar repair, upgrade, and maintenance services for homeowners impacted by solar company closures. Whether your system needs diagnostics, inverter repair, or a complete upgrade, our network of licensed technicians is ready to help, no matter who originally installed it.

Need help with a solar system from a company that went out of business? Call GreenLancer at (866) 436-1440 or fill out the form below to get started.

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Advice for Homeowners: Protect Yourself From Solar Company Bankruptcies

With more solar companies going out of business, it makes sense to choose an installer with a long track record and clear service support. Look for proper licensing, strong reviews over multiple years, and crews led by qualified professionals such as NABCEP-certified staff. Before you sign, ask who will handle service calls, how monitoring access will be set up in your name, and what warranties cover parts versus labor.

If your original installer is no longer in business, or you're worried they might not be around long-term, partnering with a dependable service provider like GreenLancer can help. Our solar repair team supports orphaned solar systems by offering diagnostics, inverter replacements, solar panel repairs, and upgrades. We also provide national access to solar monitoring, preventative maintenance, and post-installation services.

Taking steps now to protect your system ensures continued performance, warranty support when possible, and peace of mind, no matter what happens in the market.

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FAQs on Solar Company Bankruptcies

What Happens If Your Solar Company Goes Out Of Business?

If your solar company is out of business, your first step is to confirm whether your system is producing using your monitoring app or inverter display. Next, gather equipment serial numbers and any paperwork you have, then contact a qualified solar service provider for diagnostics and repair. Equipment warranties may still apply, but labor is usually not covered, so you will likely need a technician to handle the claim and replacement work.

Does My Solar Warranty Still Apply If My Installer Closed?

Often yes for equipment, but not always for labor. Manufacturer warranties for inverters, solar panels, optimizers, and batteries may remain valid even after solar company closures. Installer workmanship warranties and labor coverage typically end when the installer shuts down, so repairs may be out of pocket even if parts are covered.

Why Are Solar Companies Going Out Of Business?

There is no single cause behind solar company bankruptcies. Common factors include higher interest rates that make solar loans harder to sell, tighter access to financing, rising customer acquisition costs, thinner margins, and project delays. State policy changes that reduce export value can also create demand swings that smaller and mid-sized companies struggle to survive.

Are Solar Companies Going Bankrupt In 2025?

Some solar companies have gone bankrupt in 2025, and others have exited markets or restructured. The best approach is to evaluate your installer based on track record, service capacity, and financial stability rather than headlines alone. If you are worried, ask your installer how service, monitoring access, and warranty claims are handled long-term.

How Do I Find A Qualified Solar Repair Provider If My Solar Company Closed?

Start by looking for a licensed solar contractor or electrician with solar experience in your area. Ask whether they service orphaned systems, work with your inverter brand, and can support manufacturer warranty claims. If you want a single point of contact, GreenLancer can help connect you with a qualified provider and coordinate diagnostics and repairs.

What If I Cannot Access Solar Monitoring After My Solar Company Shut Down?

Lost monitoring access is common when accounts were set up under the installer’s email or a third-party admin. A service provider can help restore access by verifying system ownership and coordinating with your inverter manufacturer’s support team. Once access is restored, you can track production and catch issues earlier.

My Solar Company Went Out Of Business And My System Is Not Producing. What Should I Do First?

Check for obvious status alerts in your monitoring app or inverter screen, then document any error codes and take photos of the labels and disconnects. Avoid opening electrical equipment or going on the roof. Contact a qualified technician for troubleshooting because many issues involve live electrical components and require safe testing.

Is It Worth Replacing An Inverter If The System Is Out Of Warranty?

Often yes, especially if your solar panels are still in good condition and you plan to stay in the home. An inverter replacement can restore production quickly, but the best choice depends on system age, inverter type, and whether you are upgrading monitoring or adding batteries. A technician can assess whether repair, replacement, or an upgrade makes the most financial sense for your situation.