Arizona bill would disclose solar panel leasing, purchase costs to homeowners

Feb 12, 2015, 6:42 AM | Updated: 6:42 am

PHOENIX — A bill making its way through the Arizona Senate would require companies to disclose the costs of leasing or owning solar panels to homeowners.

Republican State Sen. Debbie Lesko said she wrote SB 1465 after an elderly couple in her district purchased solar panels only to find that some of the claims made by the seller were embellished or false.

“The salesman actually told my constituents that the value of their home was going to go up $25,000 once they put the solar panels on their roof,” she said. “Well, the opposite has been true — they can’t even sell the house.”

Lesko said she wants to see more disclosure by solar companies so consumers have a better understanding of the pros and cons when leasing or buying solar panels.

“I would like the companies to disclose very common sense things, like what’s the total cost over the 20-year lease, what are the payment plans, how many payments are there (and) what’s the lease payment,” she said.

Advocates for the industry see the bill as another attempt to hinder the growth of solar.

Attorney Court Rich, senior partner with the Rose Law Group who represents the Alliance for Solar Choice, called the bill “death by a thousand cuts” and said it will end up costing solar companies time and money to meet the new requirements.

“Putting unneeded regulations on industry — one of the fastest growing industries in the entire country — is not the way to send out the message that Arizona is open for business,” he said.

Rich said he believes the bill is another attempt to preserve the profits of public utilities that stand to lose money should solar continue to grow in Arizona.

Lesko argued her bill would make consumers prepared to enter long-term agreements worth tens of thousands of dollars and the requirements are in line with similar leasing and financing agreements.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook photo: Steak 44)...
KTAR.com

6 Arizona restaurants make OpenTable’s best date night spots

Teaming up with the app Bumble, OpenTable came up with the best 100 spots for a date night, with six Arizona restaurants making the list. 
1 day ago
(Pixabay Photo)...
KTAR.com

Suspect charged in carjacking, shooting at Target parking lot in Peoria

A suspect was charged Friday in the carjacking and shooting at a Target parking lot in Peoria, authorities said.
1 day ago
FBI agents in Chattanooga, Tennessee, plan out Operation Cross Country investigative activities....
KTAR.com

Phoenix FBI agents find 17 human trafficking victims as part of Operation Cross Country

Phoenix-based FBI agents located 17 adult victims of human trafficking last week as part of a nationwide enforcement campaign, authorities said.
1 day ago
FILE - A boat cruises along Lake Powell near Page, Ariz., on July 31, 2021. (AP Photo/Rick Bowmer, ...
Associated Press

2 killed, 5 injured when plane crashes into Lake Powell near Arizona-Utah border

Two people were killed and five others injured after a small plane crashed into Lake Powell near the Arizona-Utah border, authorities said.
1 day ago
Virginia Walker, 64, was last seen in Phoenix on Friday. (Phoenix Police Department Photo)...
KTAR.com

Silver Alert canceled for 64-year-old woman last seen in Phoenix

Authorities said a Silver Alert for a woman who went missing in Phoenix late last week has been canceled after she was found safe Monday.
1 day ago
(Facebook Photo/Phoenix Fire Department)...
Taylor Kinnerup

Phoenix Fire Department response times increasing due to lack of resources, population growth

Phoenix Fire Department leaders are sounding the alarm over a lack of resources, which is leading to an 80% increase in call response times as the Valley’s population continues to boom.
1 day ago

Sponsored Articles

...
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
...
Day & Night Air Conditioning, Heating and Plumbing

Ways to prevent clogged drains and what to do if you’re too late

While there are a variety of ways to prevent clogged drains, it's equally as important to know what to do when you're already too late.
...
Sanderson Ford

Don’t let rising fuel prices stop you from traveling Arizona this summer

There's no better time to get out on the open road and see what the beautiful state of Arizona has to offer. But if the cost of gas is putting a cloud over your summer vacation plans, let Sanderson Ford help with their wide-range selection of electric vehicles.
Arizona bill would disclose solar panel leasing, purchase costs to homeowners