25 Jul '13, 7pm

The Rise of Solar Warranty Management Plans for Homeowners?

SAN FRANCISCO -- Do consumers need to pay someone to manage their solar equipment warranties? The answer will determine whether there will be a growing market for warranty management plans, which are novel and starting to pop up in the residential market. Assurant announced two warranty management plans this month for U.S. homeowners and are offering them through solar panel maker and system integrator Aleo Solar and Connecticut's Clean Energy Finance and Investment Authority, which just launched a new $60 million solar fund . Homeowners who need repairs or replacements of their solar energy equipment, such as panels, inverters and mounting gear, would call Assurant, who will pay for labor and shipping and coordinate the warranty claims with manufacturers, said Jeanne Schwartz, vice president of new venture commercialization at Assurant. What's more, if a manufacturer is n...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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