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Mary Ann Jones, 83, didn't realize this until she received a call last year from GoodLeap, a financial-technology company, saying she owed $52,564.28 for a solar-panel loan that expires when she's 106, and costs more than she originally paid for her house.
In 2022, she says, a door-to-door salesman from the company Solgen Construction showed up at her house on the outskirts of Fresno, Calif., pushing what he claimed was a government program affiliated with her utility to get her free solar panels. At one point, he had her touch his tablet device, she says, but he never said she was signing a contract with Solgen or a loan document with GoodLeap. She's on a fixed income of $960 a month and cannot afford the loan she says she was tricked into signing up for; she's now fighting both Solgen and GoodLeap in court.
Her case is not uncommon. Solar customers across the country say that salespeople obscure the specific terms of the financial agreements and cloud the value of the products they peddle. Related court cases are starting to pile up. "I have been practicing consumer law for over a decade, and I've never seen anything like what we are seeing in the solar industry right now," says Kristin Kemnitzer, who represents Jones and says her firm gets "multiple" calls every week from potential clients with similar stories.
Angry customers aren't the only reason the solar industry is in trouble. Some of the nation's biggest public solar companies are struggling to stay afloat as questions arise over the viability of the financial products they sold-both to their consumers and to investors.
هذه القصة مأخوذة من طبعة February 26, 2024 من Time.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 26, 2024 من Time.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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As employers embrace Al, workers fret-and seek input
THE SWEDISH BUY-NOW-PAY-LATER COMPANY KLARNA has become something of a poster child for the potential benefits of generative artificial intelligence.
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WHEN KABUL FELL TO THE TALIBAN, RETURNING Afghanistan to the fundamentalist group's control, women who did not flee faced a reality in which they could no longer be who they are: journalists deleted evidence of their work, artists destroyed their creations, and graduates set fire to their degrees.
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TRAVEL CAN DO WONDERS FOR YOUR well-being: expanding your mind, bonding you to loved ones, and connecting you with nature.
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SHARING GRIEF AMID WAR
Spring and early summer are difficult times for both Israelis and Palestinians. Israeli Jews move from Passover, the holiday of freedom, to Holocaust Memorial Day, to Memorial Day for Fallen Soldiers and Victims of Terror, to the triumphant celebrations of Independence Day. The days pass with rituals intended to give us a shared meaning as a society and to inculcate and frame Israel's official narrative.
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WESTWARD HO, AGAIN
Kevin Costner's risky western epic, Horizon, celebrates the height of the genre without quite getting there itself
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DO LESS. IT'S GOOD FOR YOU
Unproductive moments can boost health and happiness
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Strait Talk
TAIWAN'S NEW PRESIDENT LAI CHING-TE IS TAKING A HARD LINE ON CHINA. BEIJING IS NOT AMUSED
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How U.S. Commerce Secretary Gina Raimondo is navigating America's AI future
UNTIL MID-2023, ARTIFICIAL INTELLIGENCE was something of a niche topic in Washington, largely confined to small circles of tech-policy wonks.