Is SunPower Next to Collapse?

[@FWMonroy-g9f]

One point I would like to clarify is that SunPower did not offer a bumper to bumper 40-year warranty on its panels as was mentioned in the video. Maxeon is the company with solar panels featuring a comprehensive 40-year warranty. Sometimes the distinction between SunPower Corp. and the SunPower solar panels designed and manufactured by Maxeon, and white-labeled by SunPower Corp in the U.S. can be a bit confusing. Those SunPower labeled panels were offered with a 25-year warranty. SunPower Corp. and Maxeon separated in 2020 when Maxeon spun off as an independent company. And again, even when SunPower was selling Maxeon panels they were offered with the 25-year warranty. Maxeon offers our panels to our network of installers and dealers with the 40-year warranty. Additionally, Maxeon stopped providing SunPower Corp with our Maxeon panels in Q1 of 2024. Thanks, Forrest Monroy Maxeon Solar Technologies

[@Realmccoy818]

boy do i remember my freedomsolar rep saying "other panel providers might go out of business, but with sunpower you are guaranteed that we are going to be around for ever and the 40 year warranty is exactly what it is". dodged a BULLET

Thanks for covering this Joe. I was literally about to sign a contract with a Sunpower dealer, and saw the market report.

[@IKidTheSolar]

So what did you learn from this??? And what do you think it means to be a "Sunpower Dealer" per se???

[@peterjohansson739]

@@IKidTheSolar It means, as a dealer, you will be out of business pretty soon.

[@johns818]

Los Angeles Solar consultant here. SunPower is pushing bs leases and PPAs really hard right now. Their reps literally know nothing about solar aside from pitching roi. All their design layouts encroach on the setbacks and rarely deliver anything close to the original design on the estimate. I freaking hate SP. This is literally going to be the rebuttal video I link in my emails. Thank you brother!!!

[@johnkelly4941]

Love what you do. Thanks! Perhaps an upcoming video could share some advice with those of us who are customers of SunPower or any of the other failed/failing companies. Mostly, I'm wondering what will happen to the app and monitoring capabilities of the system. Additionally, is there anything we can do about all the years of warranty we're losing? Thanks again!

[@Bowhunters6go8xz6x]

I've said this before, this is probably a sign of the end (or near end) of solar only companies, we don't really have any solar only companies here in my entire state. Most of the companies that do solar installation here also do other home repair work like roofing and siding and windows which helps them keep their employees working and the businesses stay afloat.

[@SolarSurge]

Agree. I see many of the most successful companies diversifying to offer multiple home services other than just solar.

[@IKidTheSolar]

That's because your state is new to these "solar" reps and so you are at the whim of the people trying to sell solar panels in that market - and they have no idea what's REALLY going on with Solar Power. Here's a hint. You are focused on all the wrong things. And this video won't get you focused on the right things.

[@aoeuuaoaou]

@IKidTheSolar What’s “the right thing” to focus on?

[@IKidTheSolar]

​@aoeuuaoaou well, it's pretty obvious. But then again, Sunpower couldn't figure it out, this "channel" can't either. By the way, home improvement companies have been adding this "solar" you refer to, into their offerings for 15+ years. You've got the cause and effect & the order of events backwards. Home improvement companies start trying to sell solar panels like windows and HVAC - not the other way around (for the most part) - either way, doomed from the start and totally A*& backwards.

[@Sylvan_dB]

And hopefully doing that other work means they will do a better job installing solar - won't create roof leaks, etc. Now if only they could do electrical...

[@rceldib]

Sunpower was the preeminent US Solar Panel companies. In 2011 Total, the French Oil and Gas monster, bought 60% of SunPower taking control of it. TotalEnergies, formerly known as Total S.A., now owns 50.83% of SunPower. This majority stake has enabled TotalEnergies to significantly influence SunPower’s strategic direction, particularly in the North American distributed generation and storage market. Tell me they didn’t want them to fail😮

[@larryc1616]

That's fine cuz the Fossil fuel industry can't stop China's dominance in all renewables and EV's. All they're doing is killing America

[@peterjohansson739]

They should rebrand to Total B.S.

[@geraldopereira3917]

That sounded nice and all but once you run the numbers that makes absolutely no financial sense, they failed because solar company’s are prone to fail irregardless if oil invest into them or not

[@jhunte62]

My experience with sun power was very good. I’m frustrated to hear they might be going out of business the warranty was the main reason I chose them. I’ve had my system for about 18 months.

[@selsoft]

Sun Power filed bankruptcy

[@campionatotv3477]

I have a contract w sunpower. They finally sub the install to a local contractor. They installed the system this passed July 2024, inspector in town wanted some things fixed. I called installer and they said they will no longer come to site as Sunpower file Chapter 11. 39 panels installed on my house and they are not turned on. What should i do?

[@Phil-G1075]

Thanks , can you also do a video on Maxeon?? i'm still invested in them and would like your opinion on what there future looks like.

[@GreaterYouConsulting]

Joe- You are spot on!! These contractors are going to have to start building strong relationships with these lending institutions. I think this is the perfect opportunity for entrepreneurs in this space to create maintenance and repair companies for solar and home battery backup and do business directly with these banks that cater to these homeowners. S/b Great content as usual, bro!

[@SolarSurge]

Thanks for the feedback. I think you’re absolutely right.

[@IKidTheSolar]

Wow, so it is the "solar companies" that don't have relationships with the "banks." Banks have ALWAYS and ONLY had relationships with contractors!!! Typical example of ":solar" talk- completely meaningless observation, based on a false premise, solving a non-existent problem, and vouching for the messaging that IS the PROBLEM and NOT the SOLUTION.

[@E6ajc]

I got quoted a $9k premium for a SunPower system with inferior (iq7 instead of iq8 and lesser panels) and the big selling point was their “stability and longevity”. Glad I dodged that bullet.

[@Bhoomy98]

I have SunPower system with Tech CU Loan. Do you have any referral for a Lawyer in CT who I can consult what to do with the Tech CU loan ? I want to check what option I have when the SP metering app will go down and in case I need service no longer covered by the SP warranty

[@SolarSurge]

I would call the credit union directly. See if they can find another service provider for you. You can also purchase warranty protection from Solar Insure here: detect.solarinsure.com/

[@christophersutton2816]

I'm also in CT with a SunPower system installed Spring of 2023, and have the techcu loan, can you keep me posted on what moves you make?, I'm also having trouble reaching the installer.

[@CyenceFun]

Just had my inverter, for a Sunpower system, fail a year ago after 8 years of good performance. Fortunately for a very very helpful person, NOT in their tech. Service area they were able to get me a replacement inverter installed within 2 months as opposed to the promised 6 months or more. I was SO fortunate. If you ever want to know how good a company is talk with their tech. Service people.

[@uraima50]

I have an open case that was sent to the technical team but it has already been more than a year waiting for the inverter to be replaced and with more than two years without operation. 🤦🏻‍♀️

[@jmatt98]

Can you buy a new inverter while you wait? Then resell it

[@CyenceFun]

Not sure, if you can or how long it would take. Then there's the need to find an electrician to do the swap out.

[@daimonvilppu6439]

Thanks for the honest industry information. I've always used a 'set-aside' account in our business to pay for jobs as they are installed. Granted, we are a very small local company and we don't work with finance companies. It will be interesting to see how the finance companies handle this adjustment. I can see many of them getting tough on clients and not providing enough resources to customer service as well as not being willing to pay solar service tech. companies enough to have qualified people doing the work......

[@MarcusFrancis-n6y]

Thanks so much for this insight on SunPower and the current climate at that company. Question is what happens to a customer like me, who’s paid off and had has my system operating under the SunPower umbrella? I’ve only had functioning solar on my Home so I’m very new to this. Any insight is appreciated.

[@mitchellsmith4601]

SunPower probably stopped generating new lease agreements and business because they’re planning on a reorganization under bankruptcy. If that’s so, then the warranties aren’t in danger. Yet.

[@J0E-MAHMA]

What warranty? I've had two dead panels(bad microinverter) for almost two years. Sunpower has made and cancelled service calls multiple times but has never shown up. My installer says this is happening this to all of his customers. The Massachusetts Attorney General's office is investigating Sunpower for not fulfilling our warranties.

[@mdcplace100]

Don’t think finance companies are going to do O&M on systems. They are built to let the payments default and wait for the homeowner to try to sell or remortgage with the UCC1 lien on the system the home . At that point they collect all payments plus interest $$$. They should however vet installers better and force them to use SolarInsure on sales. Just like a PMI on a mortgage.

[@peter-hr1gl]

answer turned out to be YES.

[@consolemaster]

your prediction was right!

[@KT-ei4sh]

I had a company go BK or “exit our market” while under contract. We had given them a deposit and were probably going to lose it. Sunpower came in and completed the contract through another third party. It was a nightmare and in the end we got a lower wattage system than we originally designed.

[@atomicdmt8763]

thanks for this video! close to my heart.. experience.

[@perryberk2090]

I have a sunpower solar system with an electriq power, power pod 2 battery. Joe I'd love to have a show on what home owners can do when we are left holding the bag. Is there an option for monitoring and repair?

[@SolarSurge]

Yes we just did a video about this. “What to do when your solar company goes bankrupt”

[@perryberk2090]

Your video talks mostly about solar installers. What about the panels or micro inverter manufacturer. What about battery manufacturers. My battery is still working but the app does not work so I can't make any changes or get any information on it , Is there any way to directly connect to it...

[@rivcogent]

Hi Perry, if you have a sunpower equinox system, Enphase will honor the warranty on the microinverters and Maxeon will honor the warranty of the panels. The warranty on the monitoring and invisimount rails will unfortunately not be covered, but Enphase suggests they may release a sunpower envoy replacement to allow for monitoring to continue via the Enphase platform.

[@jamesp6110]

I have SunPower panels. If they go away and no one buys them out do my lease payments stop? Would I receive the tax credits?

[@larryc1616]

If they go bankrupt, you keep it for free because your warranty is void which violates the contract. Just don't pay anymore. They have no money nor manpower to take it back off your roof. Stand your ground 🔫

[@JoseMartinez-mj8bc]

Is this true, because I’m going thru that exact issue, my roof is leaking do to the solar panel bases not being install properly, and they did not want to come a repair the damage, so should just not pay sunpower anymore ?

[@bigdreams5554]

The loans will get resold to someone else. Not paying your loans is probably a bad idea. (Not financial advice)

[@JoseMartinez-mj8bc]

@@bigdreams5554, I have a lease on my solar panels, but they refuse to come and fix my issues, I just got a notice that my loan was transferred from SunPower capital LLC to SunPower financial, but I honestly don’t care at this point, all I want is for them to come and fix my leaking roof caused by the in proper install, or to just come and take there shit

[@yeahman211]

Should have been clear that the status quo for the industry wasn't as context- and legislation-resistant as it needed to be when it came out that Tesla Solar was having trouble staying profitable itself. Their restructuring should've been a red flag to the industry that it was about time to pivot and make changes if they wanted to stay afloat.

[@allsolartexas]

Yes, definitely going under. Another one bites the dust.

[@bjs2022]

Good report, thanks. Please eliminate the annoying background music loop. I suspect people only want to hear your voice.

[@crhpjeff]

100% agree

[@diySolarPowerFunWithRay]

Didn't even notice it.

[@bjs2022]

@@diySolarPowerFunWithRay I listen on an accurate, large speaker stereo system. Like a large, critical video monitor, it reveals everything, good and bad.

[@bigdreams5554]

That background music is super annoying

[@Yldman2u]

The financing company are not contractors period. You will make payments for non functional systems..and they have the power to put leans on your home...good luck with that.

[@larryc1616]

They go bankrupt so the contract is void. You keep it and stop payments. Stand your ground 🔫

[@diySolarPowerFunWithRay]

​ I'm sure they cover their butts in the financing contract.

[@ratfinkG]

Well that's not comforting news for me seeing as how Sunpower is my solar co, they installed my system on 7/22/23 but since then I have been waiting for my final insp that sunpower is supposed to set up with my City so my system can be activated,but they have received NO lease pmts from me as of yet,so I have to wonder if they go under where does that leave me ?

[@SolarSurge]

Good question. I assume some other company will purchase the rights to the leases. However, since your system was never fully commissioned, you may end up getting to keep the equipment. Please let us know what happens.

[@chrisone8283]

I can’t comprehend how Surun enterprise valuation is still $14.6 billion. A huge short in my opinion.

[@grinny6147]

Sunpower melaka hadir

[@d_k_C_A]

I would be happy. I started this endeavor in February and i am yet to have the panels operational. I am beyond frustrated. Their service is absolute crap

[@MrArtist7777]

No question, Sunpower is going broke, and that's fine, as they concentrated almost ALL of their efforts on California, which is over-producing solar every day and eliminated net-metering. Solar will continue to grow but will morph into something different, and mostly include battery storage, which is good.

[@ebuyuto]

Thank you for this update. I did not know their financing and payment methods make them bound for crashing.

[@richardthompson5370]

A friend purchased a SunPower system with battery backup at the first of the year. The system has just failed (makes a clicking sound). She made an appointment with SunPower for a repair. The promised repair was weeks out; when the day came, SunPower notified her that their tech was sick and would not be coming to her home. After considerable persistence, she was allegedly back in the queue for service until she received an email stating that SunPower would not repair her system. Anyone else with an experience like this and any ideas on how to get the company to honor their warranty?

[@SolarSurge]

It's a sad situation.

[@stephenbrickwood1602]

Roof work is not that common. Rooftop access with solar pv panels installed may mean more people accessing the roofs. Does anyone keep track on call backs ???? Microinverters, enphase has very few call backs I am told.

[@alcab6733]

Good video. Not sure banks want to be in service business. Crazy how solar companies can’t turn a profit. It must be costing them alot yo maintain warranty.

[@darrenorange2982]

I'm not sure where you think the financing company is going to care what happens to the installer or what happens after it is installed. They are not going to be responsible for any of that. Why would the bank be on the hook any more than for anything else that is financed.

[@Purgexsergx]

So i paid through with purchase of house last year, its operating now and the house is new so who takes over or who do I contact to repair panels later on. So i could keep producing power. I live in California. We do not pay a lease because it was purchased through the house loan? Its currently producing i should say but i do not even know if the app is telling the truth with what i produce.

[@SolarSurge]

You can obtain ongoing warranty service from SolarDetect at detect.solarinsure.com

[@Purgexsergx]

@@SolarSurgethank you

[@Nonyabusiness911]

Sun power did my neighbors. They gave her 10k for doing it. I tried to explain to her she was borrowing it from them and it’s in the loan. A year later and FPL wouldn’t let them turn it on because it wouldn’t pass inspections. Meanwhile they expected her to start paying the loan. What a mess.

[@jdestefa1]

It filed bankruptcy last week.

[@Skookman]

Could part of the problem be the loss of net metering incentive? It doesn’t make a lot of sense to buy panels without the high costs of batteries if you’re just going to give your excess energy away to power companies.

[@SolarSurge]

Net-metering is part of the problem but I think the main issue is improper accounting.

[@jiggaman5045]

They’re gonna have to be like Sunnova

[@drezona1000]

I also don’t think finance companies are going to do O&M on systems. From my experience with my solar company, the sales experience appeared to be great at the time. A few years do the road and I get to see how bad the customer service is. In California, it is like you and the company are attached at the seam. My company has been around 25 plus years. If it went out of business, I would not shed a tear. I think the from the consumer perspective thing are the same. You are being finance for a loan to make a purchase unless you pay cash. I will say through the loan assistance that the solar sale rep provided is helpful for some. Joe, I think some change is solar financing might be better for all. Maybe consumer just need to get their owe funding and pay the installing company directly in phases (maybe two or three payment), this method would be better. The solar installer will have a contract with the consumer and get half up front, plus workout any servicing agreements at that time.

[@eduinbanegas2612]

Is important to know that sumpowers was only the provider for other companies that installs de system,in other words Sumpower the last few year was only the middle men..

[@Sylvan_dB]

The finance company won't care. They'll just file a lien and if their contract allows, initiate repossession. This same problem happened in the 1970s when the gov't offered a bunch of stimulus/incentives for solar. In the 1980s I fixed my landlady's solar water heating system. The installers had done a crap job and gone out of business leaving her (and who knows how many others) with rooftop panels and non-functioning systems at best. Fraud and bad accounting also happened with the gov't incentive/stimulus during the 2020 severe cold. When the government is raining money, shysters will be out to scoop up as much as they can.

[@hammertlme]

What do you think about Maxeon's situation?

[@harveypaxton1232]

With Sunpower going out of business who will back the Panel and Inverter warranties?

[@SolarSurge]

Not SunPower. You can purchase warranty coverage from Solar Insure here: detect.solarinsure.com/

[@harveypaxton1232]

@@SolarSurge Thanks I will check it out. Panels are lasting but across the industry the string inverter 5-8 years.

[@etkaiser]

@@SolarSurge thanks for mentioning them. I had a SunPower system installed by a local solar company here in San Diego back in mid-2012 and I paid in full up front for a 20-year lease. I admit the thought that SunPower might go out of business before that never crossed my mind. Fortunately, the system is working fine and always has, but now that SunPower is finished, I'll have to look into this kind of insurance.

[@GradyKnight]

Well you called it - SunPower declared bankruptcy today. Sucks for me, I fully own a SunPower system which is about three years old now. Hoping they’ll survive the bankruptcy restructuring and have some servicing capability.

[@pkrand]

I received the same email. I, too, own a fully paid for SunPower system. Reached out to my installer to better understand their future servicing capability. It’s been performing well, overall, for 2 years. This is concerning.

[@teeshark]

@@pkrand mine is over 2 yrs old and 1 or 2 panels or inverters has fail, trying to get help to fix it, has not been great, as the company who has installed the system has also been scamming customer and has lost their license... I am worrying about get refunded on warranty work, I just want to get it fixed, here in vegas

[@user-dd2jg6kv8y]

dude joe your arms are lookin ripped

[@dewholdingsllc1050]

What are they doing with the inventory?

[@SolarSurge]

I presume it will all be sold off at auction

[@stephenbrickwood1602]

Finance companies and banks are paper shufflers.

[@nyplantings2420]

Suntuity gave up the ghost. Left me holding the bag.

[@KoiAquaponics]

Yup you right

[@brentftaylor]

Good explanation

[@CVZ-rb8eo]

MAXN. I believe they going to stay for long term than sunpower

[@heshydrew]

I sell solar and I have 20 contacts that SunPower pulled the plug on! I am so upset! And they even have the audacity to not pay out for jobs that were already installed!! Seriously what a shame

[@Yldman2u]

@@heshydrew and your point is...??

[@slash4555]

How do you sleep at night selling this garbage to unsuspecting customers? Psychopath of a salesman! Ugh!

[@markorcutt2115]

Tesla bought Solar company, Solar City I think, and immediately discontinued the leasing/financing practices because of the false impression of leading the industry. The business took a huge dump but they have remodeled their business to incorporate energy storage which is just now becoming a noticeable contributor to Tesla bottom line.

[@johnaugsburger6192]

Thanks

[@ronal0508]

Prices are too high, they are too greedy, 3x Prices vs cost

[@IKidTheSolar]

There are no "prices" the way you are using that term- and you have just demonstrated what I mean by "SolarSaysWhat?" Absolutely clueless about what's REALLY going on with solar power, and yet super sure you are right about something. But you are not. You couldn't be further from right if you buried your head in the sand looking for oil.

[@slash4555]

Prices are too high? They went bankrupt! I guess they should have charged more money? I’m Solar free in California, I smell a rat from the start.

[@janodi516]

what about Maxeon?

[@SolarSurge]

Maxeon and SunPower split into separate companies back in 2020. To my knowledge, Maxeon is doing fine.

[@jacklane7439]

How about Sunrun

[@AlessandroZane]

They’re the only stable company out there

[@teeshark]

my friend has them and she says it is not great

[@jimgitas9338]

Stop relying on big box, Nationwide or multi-State solar companies. The industry is moving to local, regional players that can stand the test of time because they support their customers, post-sale, and base their installation price with a built in post-sales support reserve. (This also means to AVOID the lowest cost solar contractor, or as Joe says, don't buy solar on price). The Air Conditioning industry figured out this business model in the 1950's when they thought the largest companies could support the masses. WRONG! and they eventually pushed to strong regional players that cared about and supported their clients long term because those regional players relied on their CUSTOMERS to make a living, not to enhance their earnings or share value. As a former SunPower Dealer: GOODBYE SUNPOWER. Let me "direct" you to the door.

[@Bosanova99]

Spot on I’m a 1099 with a local company in PA coming from a much larger multi-state company. I’m able to offer better products, better prices and I can take care of my customers better.

[@croomcas]

I just ordered 2 Powerwall 3’s. Tesla will be around for many years.

[@AlessandroZane]

Stupid move. Buying batteries doesn’t make financial sense. They last less than one third of panels. You should’ve leased them.

[@croomcas]

@@AlessandroZane financial sense? Broke dude STFU! I’m well off so who cares. You’re probably still working for an hourly wage 🤣

[@larryc1616]

Make sure you get the LFP(lithium phosphate) batteries not lithium ion as those will last a lifetime

[@heinzyketchupy4175]

Enphase?

[@saintkamus14]

Yup.

[@dewholdingsllc1050]

Texas DTPA lawsuits claims.

[@Skookman]

I bought my SunPower panels a year because I liked the warranty. 😂. I am not able to reach the subcontractor who installed my panels. They are at least temporarily shut down. 😂 Sunpower seems to be putting me off. I want to add a battery backup that is a brand they don’t sell. I just want permission to do that if it doesn’t void the warranty. 😂. I guess that doesn’t matter anymore. 😢

[@J0E-MAHMA]

Your 25 year warranty isn't worth the paper it's printed on. Sunpower laid-off all of their repair crews back in April 2024. If you call. Sunpower for service, they will make an appointment 3 to 6 months in the future. Then the day before your appointment they will cancel your service calls. They will do this multiple times and are hoping you will just give up. My local installer is telling me this is happening to all of his Sunpower customers. Many of us have filed a complaints with the Massachusetts Attorney General's office and Sunpower is now under investigation. I'm not optimistic anything will come of it. We are basically screwed!

[@Skookman]

@@J0E-MAHMA my installer is not doing any business now. They say it’s due to SunPower’s financial problems. They said they hope to be up and running soon. They also said that my warranty is with the panel manufacturer and not SunPower. I need to look into that.

[@paultaylor333]

What happened to their association/whatever with First Solar? They were talking about efficiency numbers above 30%. Oops

[@rivcogent]

The efficiency of the first solar hybrid module was 24.4%.

[@jacklane7439]

I have a Tesla battery with solar panels

[@rodfer5406]

Tragic

[@chancestreetman8314]

To find a solar company that is going to stay in business long term is going to be like winning a lottery.

[@SolarSurge]

I would focus on finding the right finance company and also learn the basics of the system architecture in case you have to bring in another contractor down the road.

[@QE007]

Everytime I see Powerhone solar I laugh cause I used to work for them and the management just could not get ego out of the business and it led to problems

[@SolarSurge]

Yeah, I remember the father and son had lime green Lamborghinis. They were riding high and then went bankrupt.

[@jamesp6110]

8/6/24 Receieved bankruptcy letter from Sunpower. Different companies will be handling Different parts of their business.

[@fixnkev]

I see that Solaredge laid off 400 employees on July 15, 2024 and that they reported a net loss of $157 million in the 1st quarter, their 3rd consecutive quarterly loss. Stock values have already lost 66% this year. Not good :(

[@QE007]

SolarEdge’s stock was in the 300s about 3 years ago and now it’s just 👎🏾

[@fixnkev]

@@QE007 Ya, down 89.5% in the last year.

[@J0E-MAHMA]

That's right and if your Sunpower panels came with SolarEdge microinverters, you are screwed because replacements are no longer available. A few of my microinverters have been failed since 2022. Sunpower has been jerking me around, promising to retrofit my panels with Enphase IQ7s under warranty for more than a year. They book appointments but never show up. They laid off all of their crews in April 2024.

[@QE007]

@@J0E-MAHMA dang man I’m sorry to hear that

[@johnwehunt4305]

The leasing scam was going to fail.

[@boblatkey7160]

This reminds me of when I was a solar contractor and I would enter the $$ values in QuickBooks. If I looked at my financials in "accrual basis" which includes all work that is booked and signed contracts even though they are not yet completed, things were looking pretty damn nice! Then if I looked at my financials in "Cash basis" it was like, oh, maybe I'm not doing all that great. 😂😂😂 I got so sick and tired of pulling permits and dealing with rebates that I threw in the towel and completely quit the solar business and left probably 200 homeowners with a long-term warranty that went right out the window when I closed my doors. I tell people that there are a lot of people in my hometown if they knew where I was they would ring my neck!

[@SolarSurge]

Yup. Went through the same thing. It’s a tough experience but it happens.

[@boblatkey7160]

@@SolarSurge good thing is I mentored a lot of people and some of my friends, old employees,, started their own business in solar and they were able and willing to cover my old customers and service the warranties in case of a bad inverter, etc. Now the interesting thing is they are primarily a Sunpower dealer and they are getting ready to hang it up. An Idea I discussed with them is to consider massively shrinking down your business, doing absolutely no new installs or any work requiring a permit, and only doing service work, and like maybe you mentioned, they reach out to some of these financing companies and become qualified to do service work for them. It might be an idea for them, but I've been in solar for 25 years now and I'm completely burned out. Now I just do tech-support from my couch and I make better money than I did as a business owner. 😂😂😂😂😂

[@boblatkey7160]

@user-gg6he5po4n technical support for a battery based company while sitting on my couch and making better money than I ever did as a business owner. 😂

[@MikeJ-i7w]

Enphase should be next along with SolarEdge…

[@ChuckD59]

Go on...? I'm in my second month with an 18kW all-enphase system.

[@jimgitas9338]

Yeah? NO! Your scenario means the entire solar industry (and EV OEM’s) get put to sleep permanently and that ain’t gonna happen. We (the US and world for that matter) are electrifying and the grid cannot handle that load, so renewables here to stay and so will the top two global solar inversion leaders. Every new, modern device technology breeds needs electricity.

[@MrKurtn]

SunPower owes me over $160 as installer. Might ruin me.

[@SolarSurge]

Did you mean $160k? That's a tough break. How long have you been working with them?

[@MrKurtn]

@@SolarSurge I’ve been over a year and half. Many projects were paid. It’s this last 3 months they are not paying. They have not replied at all recently. Incredibly they are still assigning tasks for me to do for them. Insane

[@SolarSurge]

@@MrKurtn I would be very careful. I would assume there is no more cash coming out of that business at all.

[@kpkkpk1672]

I have a story about SPWR

[@SolarSurge]

Let's hear it...

[@frankpizzo8971]

Solar was, is, and always will be a stupid idea regardless of subsidies. The Chevron deference ruling is just the final nail in the coffin.

[@patrickmckowen2999]

👍

[@arn_thegreat]

America loves great quality and top notch equipment, yet they don’t want to pay for high quality product 🤦🏻‍♂️. Thats what happens when sales people only sell on savings and they give it away, and homeowners shopping like crazy and wanting the cheapest price.

[@dennisdickinson8337]

Until you realize solar micropower can only put in 15% in the grid let the Domino's fourth grade math not that hard ohm's law learn it Lovett live it. How are all those people going to pay back the electricity they never put in the grid

[@leoe3140]

Could you please elaborate on 15% max power transfer to the grid? What do you refer to? There is no limit how much power you can transfer to the grid unless there is some restriction in the particular region/utility service area.

[@dennisdickinson8337]

@@leoe3140 sure if you look up ohm's law water analogy or have you ever charged a regular car battery has the battery gets Full but the watts stays the same So in the grid all she needs is a volt amp meter take your results multiply the two and that it will give you actual watts going into the grid Or you could just measure the line voltage and the inverter output voltage what should be 274 for your average house And here's some 6th grade math Subtract the two divide the line voltage and multiply by 100 that will give you the percentage going into the grid You have to overcome the incoming pressure meaning voltage to put anything in

[@imzjustplayin]

@@dennisdickinson8337 This is what happens when you're educated entirely on youtube. What this guy posted is complete nonsense while trying to sound smart. Quite simply, if there is excess Solar PV on the grid, it's going to eventually get soaked up by batteries or other load shifting devices/technologies due to the financial incentive since having excess electricity is a financial opportunity waiting to be exploited. Duck curve is an issue for sure but it's going to go away as batteries collapse in price and their production is ramped up.

[@dennisdickinson8337]

@@imzjustplayin how about do the test just saying it's not so doesn't make it true when you be not done the test Do you have a amp voltmeter Till then stop flapping your lips

[@dennisdickinson8337]

@@imzjustplayin yes that's what happens when you are educated by KZbin did you get a volt amp meter yet

[@mitchellsmith4601]

I think your industry is doomed.

[@ChuckD59]

Or, you wish? No, it's not doomed. It is evolving though, and that's a good, if not sometimes painful thing.

[@larryc1616]

Doing great in China and Netherlands

[@OO7_619]

If you need solar maintenance on your solar system let me know! I can help. LA/orange County/Riverside area