⚠️Breaking News: Sunnova Bankruptcy & Solar Industry Crisis — What It Means for You

We have an urgent update that impacts thousands of solar panel customers across the country — and a tragic, yet all too common, story that exemplifies the real-world harm of these predatory lending and installation schemes.

On June 1, 2025, Sunnova TEP Developer LLC — a subsidiary of Sunnova Energy International Inc. — filed for Chapter 11 bankruptcy protection in the Southern District of Texas, with estimated liabilities of up to $500 million. (Reuters) This filing follows the Trump administration’s cancellation of a $2.92 billion loan guarantee in May 2025, leaving Sunnova teetering on the edge of collapse.

This is no isolated incident: it’s part of a predictable pattern we’ve seen before — reminiscent of the subprime mortgage meltdown in 2008. Solar finance companies and installers have been playing a shell game: shifting debt to “anonymous” Delaware trusts or private equity buyers, like Sunlight Financial (now acquired by Cross River), Oaktree just serendipitously stumbled on a really good deal, and Dividend Solar (swallowed by Fifth Third Bank). And behind them, a trail of shuttered contractors and broken promises: SunPower, Pink Energy, MC Solar, Sunworks, ADT Solar… the list of failed contractors is staggering. (Full list of closures)

WE BET YOU CAN’T GUESS HOW MANY!!!??!?

Minnesota has already sued four major fintech lenders for hidden 18-30% kickbacks, costing consumers $35 million. (Minnesota AG lawsuit)

But Wait, It Gets Worse…

⚠️The Human Toll: One Homeowner’s Story

Julie Truluck of Florida speaks for so many:

“Many customers such as myself have been stuck with Sunnova as our warranty provider when the installation company bails and leaves Florida… Trinity pulled out in January 2025, repairs were never completed. Sunnova sends out a sub-contractor (Castaways) who doesn’t want to do repairs — they find a leak, blame it on the roofers, and leave my system turned off. My electric bill is $567, Sunnova
wants $700, and I’m stuck paying.

Sunnova has worked with me some, but this is why people are having financial issues. Why should customers pay on leases or loans when Sunnova’s subcontractors don’t care and leave us high and dry? I want my payments moved to the back of the lease and for the companies to cover my $1,140 in utilities. It’s a mess. If only Trinity had finished their installs before leaving us.” — Julie Truluck, June 3, 2025

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⚠️Why This Matters for YOU

Sunnova’s bankruptcy is not just about one company’s downfall. It’s about:

• Unfulfilled Warranties and Repairs — leaving homeowners like Julie with broken systems.
• Soaring Bills and Hidden Costs — The Lenders fold, as financiers like Oaktree or Cross
• River swoop in to buy up the debt for pennies on the dollar, while you still owe every penny to the new vulture.
• No Accountability — the DOJ has yet to step in, even as these “musical chair” unlawful debt collectors exploit Americans nationwide.

🏦 History Repeats: The 2008 Subprime Meltdown — Now in Solar

Remember the 2008 mortgage crisis? Predatory lenders lured families into homes they couldn’t afford, promising savings and stability — until the bottom fell out, leaving millions with crushing debt while Wall Street got bailed out.

Fast forward to 2025: the same playbook is back — but this time, it’s solar energy. Instead of mortgages, it’s quarter-century solar loans — with the same hollow promises of “lower bills,” “clean energy,” and “no risk.” And just like in 2008, homeowners are the ones left holding the bag.

🔥This Week’s Flashpoint: Sunnova’s Bankruptcy

On June 1, 2025, Sunnova TEP Developer LLC, a subsidiary of Sunnova Energy International Inc., filed for Chapter 11 bankruptcy protection in Texas, with up to $500 million in liabilities. (Reuters) But this isn’t just a business hiccup: it’s part of a calculated scheme to pass the burden to homeowners like you, while Wall Street scoops up the pieces for pennies on the dollar.

📈A Familiar Pattern: Musical Chairs of Debt

• Trump administration’s $2.92 billion loan guarantee? Canceled in May 2025 — leaving
• taxpayers on the hook while Sunnova crumbled.
• Who profits? Oaktree Capital, Cross River, and the usual private equity players — buying
• distressed solar debts for pennies, while families stay stuck with full-priced loans.
• Just like 2008’s mortgage bundling and resale, these companies spin off your solar debt to
• anonymous Delaware trusts — who stand to make billions, even as you face soaring utility
• bills and nonfunctioning systems.

We’ve seen this “musical chairs” game before:

• Loanpal becomes GoodLeap.
• Sunlight Financial sells itself to Cross River Bank.
• Dividend Solar is absorbed by Fifth Third Bank.
• Solar contractors vanish overnight — but the debt lives on.

And who’s left in the cold? You.

⚠️Where’s the Protection?

Despite these warning signs, neither the Trump nor the Biden administrations have stepped up
to protect homeowners.

✅ Trump’s loan guarantee was canceled — but no action was taken to hold these lenders
accountable.

✅ Biden’s DOJ has been missing in action, even as these white-collar crooks bankrupt families
with phony promises and hidden fees.

As the Minnesota Attorney General’s lawsuit revealed, lenders have pocketed over $35 million in
hidden fees from families since 2017 (Minnesota AG Lawsuit). Yet no federal crackdown has
come — leaving homeowners to fight alone.

💪The Joshua S. Horton Law Firm: Aggressive Advocacy for Solar Victims and HOW WE CAN HELP YOU!!!

We have spent years fighting for families harmed by these predatory practices — and we’re ready to help you, too:

• Independent Expert Case Evaluation — We’ll review your contracts, loan terms, and installation issues and we don’t hesitate.
• Pursuing Compensation and Rescission — Whether through lawsuits, arbitrations, or aggressive behind the scenes moves on claims.
• Beat Bankruptcy Claims — We know how to fight for your fair share in these complex proceedings, and Ditch the Debt.
• Class Action Expertise — If multiple homeowners have been similarly harmed, we’ll lead the charge.

And yes — we already have victories in these cases. As we like to say: “We’re undefeated (knock on wood!) — and we’re not done fighting bullies…

We are Still Giving Voices to the Voiceless…

⚠️ What You Can Do Right Now

• Don’t wait — bankruptcy filings move fast, and there’s a short window to file claims.
• Gather your paperwork — loan documents, service agreements, warranty papers.
• Call us for a CASE REVIEW — let us review your claims and fight for your piece of the
  $100-$500 million in lost assets on average.

Call (561)764-4041 or (561) 440-5211 or (561)448-1555

GO TO our Solar Fraud Intake Form to see if you are a good fit.

• Learn more: www.solarpanelfraud.com

🛑Don’t Let Wall Street Win Again

In 2008, they said the homeowners were “irresponsible.” In 2025, they’ll say the same about solar customers. Don’t buy it.

These aren’t accidents — they’re schemes. And we know how to fight them. Let’s stand together and make sure this story doesn’t end the same way 2008 did — with Wall Street getting richer and homeowners getting crushed.

— Joshua S. Horton and Team
Joshua S. Horton Law Firm: Giving a Voice to the Voiceless

P.S. If you know someone stuck in a similar solar nightmare, please forward this email — let’s make sure every homeowner knows they’re not alone.