ANOTHER Solar Installer Files Bankruptcy
Nivo Solar Files for Bankruptcy: What It Means for Homeowners
Another residential solar company has collapsed—this time in Texas.
ANOTHER Solar Installer Files Bankruptcy
Nivo Solar LLC, a regional solar installer operating in six states, has filed for Chapter 7 bankruptcy. The Cypress-based company reported nearly $4 million in liabilities and just over $500,000 in assets, according to court filings.
If this sounds familiar, it should. In the wake of high-profile bankruptcies like Titan Solar, Sunnova, Mosaic, and Pink Energy, Nivo’s failure is part of a much larger pattern of instability in the solar industry—leaving tens of thousands of homeowners stuck with faulty systems, unexpected debt, or voided warranties.
Unfortunately, we’re not surprised. We’ve been helping homeowners untangle deceptive solar contracts for years, and Nivo Solar’s bankruptcy is just the latest sign of how risky this industry has become for consumers.
Why Are So Many Solar Companies Failing?
Nivo isn’t alone. The residential solar market is facing a wave of bankruptcies, due to a mix of:
Aggressive and deceptive sales practices
High dealer fees baked into financing
Overpromised savings that never materialize
Rising interest rates making solar loans harder to afford
Lack of oversight and fragmented business modelsIn particular, many companies—including Nivo—used dealer models, where third-party sales teams overpromised system performance, often without technical expertise or accountability. When the systems underperformed or failed entirely, customers were left holding the bag.
What if Your Solar Company Is Out of Business?
If Nivo Solar—or any other company—installed your solar panels and they’re not working as promised, you still have legal options.
Even if the installer is bankrupt:
You may be able to cancel your loan
You may qualify for financial relief or system repairs
Your lender may be legally responsible under federal laws like the FTC Holder Rule In many of our clients’ cases, we’ve helped:
Cancel or significantly reduce loans for loss of warranty
Cancel loans for non-working systems
Remove the solar lien from the house
File claims against lenders or manufacturers still in operation

