Bill > HB1439

This bill mandates that the Board for Contractors (the Board) must require specific contract provisions and disclosures for the sale, lease, or power purchase agreement of residential solar energy systems, which are systems installed on homes or residential properties. These agreements, whether for selling a system, leasing one, or entering into a power purchase agreement (where the customer buys electricity generated by a system owned by someone else), must now be in written contracts that clearly outline details about the solar installation company, any subcontractors, system design and performance guarantees, and how invoices and payments will be handled. The bill also requires several mandatory disclosures to be provided to the customer, such as information on maintenance, warranties, and savings estimates, and clarifies that any willful violation of these new rules can result in a civil penalty of up to $2,000 per violation, with a maximum of $5,000 per customer. Furthermore, individuals involved in these solar energy system transactions can be held jointly responsible for any violations. The Board is directed to create or update regulations to implement these provisions by January 1, 2027, which is also the effective date for the main changes in this bill.

Business and Industry

https://lis.virginia.gov/bill-details/20261/HB1439