With Attorney Generals actively investigating solar companies nationwide, Troutman Pepper has been monitoring and cultivating key activity. To date, there has been one key settlement. In May 2021, the New Jersey Attorney General’s Office announced a settlement with Princeton-based solar company NRG Residential Solar Solutions LLC (NRG) for $69,000 to resolve the state AG’s investigation into alleged deceptive sales practices. Specifically, the New Jersey AG alleged NRG misled consumers into leasing solar energy panels by making representations regarding savings, servicing, installation, and financing, while failing to deliver on these promises. This failure, according to the AG, violated the New Jersey Consumer Fraud Act and related consumer protection regulations. The settlement includes, among other things, NRG’s agreement to change its policies and practices and enter into…
New Jersey AG Settles with Solar Company over Consumer Fraud Allegations in Sale and Lease of Solar Energy Panels
