The disclosure forms are short documents that residential solar companies can provide (through builders) to consumers that summarize the key terms of any proposed solar installation. The goal is to allow consumers to better compare offers from competing solar companies and to ask the right questions. The forms are designed to summarize the transaction in short form similar to how a HUD-1 form reflects key terms of a home sale in a few pages.
SEIA has released the disclosure forms as the Federal Trade Commission prepares to hold a workshop to discuss consumer protection in the solar industry. During the FTC Workshop, SEIA will highlight these efforts and will explain how these tools work with existing state and federal consumer protection laws.
In February, SEIA released its first version of the SEIA Residential Lease Disclosure form. Today’s full release incorporates feedback from across the industry to make sure consumers are informed on costs, performance, warranty, policy implications and other significant components of the transaction.
Both forms require solar companies to disclose to consumers whether they agree to abide by the SEIA Solar Business Code and Complaint Resolution process.
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