Adding another tool to help consumers understand rooftop solar investments, the Solar Energy Industries Association (SEIA) is introducing standardized disclosure statements covering the most common residential transactions. The SEIA Solar Power Purchase Agreement Disclosure statement and the revised SEIA Solar Lease Disclosure are simple summary documents that make it easier for consumers to compare solar offers from competitors and understand the terms of a proposal before entering an agreement.
“We strive to make the process of going solar as straightforward and transparent for customers as possible, and these new forms help achieve that,” said Tom Kimbis, SEIA’s interim president. “These disclosure forms are a big step forward toward creating a marketplace of consumers who are fully informed and educated in choosing solar.”
“The SEIA disclosure forms are a positive step in the right direction,” said Mary E. Power, president and CEO of the Council of Better Business Bureaus. “The Better Business Bureau supports SEIA’s efforts to provide accountability and transparency that will help strengthen the industry, and increase trust in the marketplace. These advancements demonstrate SEIA’s commitment to building a strong, self-regulated industry that will ensure greater consumer protections,” said Power, whose group is the umbrella organization for the local, independent BBBs in the United States, Canada and Mexico as well as home to its national and international programs on dispute resolution, advertising review, and industry self-regulation.