NASHVILLE, Tenn. (WSMV) – The clock is ticking for individuals who took out hundreds of {dollars} in loans to purchase solar energy tools from one firm solely to say it isn’t saving them cash.
For purchasers like Geoff Edwards, the ready is the more severe.
“I’m paying cash for principally a paper weight on my roof,” stated Edwards, who’s paying for photo voltaic panels that don’t work. “How may they shut down with out organising assist constructions for his or her prospects.
Tennessee Lawyer Common Jonathan Skrmetti and eight others are going after 5 photo voltaic lending corporations, claiming prospects have been bought a product that isn’t functioning.
“We acknowledge there are lots of people hurting on the market,” Skrmetti stated.
The motion by the Attorneys Common come after a sequence of WSMV investigations into Pink Power.
Clients claiming, they have been promised decrease vitality payments and massive tax breaks by switching to photo voltaic. As a substitute, many are saying their payments have stayed the identical.
‘It seems like we acquired taken benefit of,” Raychel Jamieson informed WSMV4 Investigates in an interview in June.
WSMV4 Investigates requested Skrmetti why it’s taken so lengthy for the Lawyer Common’s Workplace to step in.
“Generally it takes a bit bit longer after we cooperate with different states, however that’s all the time for the aim of doing higher by the customers,” Skrmetti stated.
Skrmetti stated the vast majority of the 100 complaints about solar energy corporations are about Pink Power.
With many purchasers caught with loans for tens of hundreds of {dollars} to pay for the photo voltaic tools, he’s asking the photo voltaic lending corporations to droop funds for purchasers whereas the investigation into Pink Power continues.
“It’s our job to carry them accountable and to get as a lot compensation for the customers as we will get,” Skrmetti stated. “They want restitution for what was wrongly taken from them.”
Skrmetti stated the investigation will take time whereas additionally understanding many purchasers are nonetheless paying for a service they aren’t benefitting from.
“We’re optimistic that there could also be some alternative there to get a reimbursement to customers that could possibly be used to offset a few of these loans,” Skrmetti stated.
WSMV4 Investigates has been attempting to speak with somebody with Pink Power, however a number of calls and emails have gone unanswered for months. The principle customer support cellphone quantity for the corporate is disconnected.
Skrmetti stated his workplace hasn’t heard again from the lenders but however desires to offer them a while to reply.
Within the meantime, he stated it’s essential to file a complaint with his office for those who’re an affected buyer.
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