SEIA Releases Draft Purchase Disclosure Template for Contractors
In January 2017, the Solar Energy Industries Association (SEIA), the national organization of which GSREIA is a member chapter, released a draft disclosure template for solar purchase transactions. The document is primarily aimed at residential and small commercial sales contractors, as opposed to the solar leasing firms. SEIA previously released disclosure documents for PPAs and lease transactions.
Many contractors will find terms in the disclosure that are redundant to their own contracts and other sale documents. GSREIA recommends all sales contractors review and understand the terms of SEIA’s document and consider adopting the document in whole or in part. Proactive adoption by solar firms will reinforce the priority that industry has made for disclosure and consumer protection.