Bill > H450

This bill establishes comprehensive protections for consumers purchasing residential solar electric systems by creating new regulations for solar companies, salespersons, and solar agreements. The bill defines key terms such as "residential solar electric system", "solar company", and "salesperson", and mandates detailed disclosure requirements for three types of solar agreements: purchases, leases, and power purchase agreements. Specifically, solar companies must provide consumers with a standardized four-page disclosure form that includes critical information like system design details, maintenance responsibilities, warranties, estimated savings, and potential financial risks. The bill requires written agreements with specific terms, font sizes, and content, and provides consumers with a five-business-day cancellation period without financial penalty. Additionally, the bill regulates salesperson conduct by requiring identification badges, limiting sales hours to 9:00 a.m. to 8:00 p.m., prohibiting misrepresentation of utility or government affiliations, and mandating registration with the Office of Consumer Affairs and Business Regulation. The law aims to increase transparency, protect consumers from misleading sales practices, and ensure that individuals fully understand the financial and technical implications of residential solar electric system agreements.

Labor and Employment

https://malegislature.gov/Bills/194/H450