I contracted with Sol Systems 10 years ago when I had my solar system installed. At the time I had concerns about the SREC contract I signed but was insured by Sol Systems that i would receive the entire amount of my contract. My contract amount was for $15,560 and to date I have received only $14,360, which is a years worth of SREC income. Now my contract has expired and will not receive the balance of my contract. There is a 6 month lag between when you generate an SREC to the time you are paid, which immediately puts you behind on payments after you sign a contract. Not only can you not get in touch with them by phone, they do not respond to emails. This company is a rip off, do not sign any contract if you decide to install solar. I am out $1,200. I am going to contract my state and local congressmen about this company's deceiving business practice.
Received a response. I was told by both the installer of my solar system and by Sol Systems that I would receive the full value of my contract. Furthermore, I signed the contract in March, the system wasn't installed at my house until the beginning of July and the system wasn't activated by the state of Massachusetts until the end of August, therefore I lost 5 months of the generating SRECS in the contract because I signed the contract before it actually was activated by the state. I was just doing what the installer and Sol Systems instructed me to do. It's just a run around by Sol Systems, DO NOT DEAL with them!!! read more