Titan Solar Power Closed: Your Rights as a Homeowner
Quick Answer
Titan Solar Power abruptly ceased operations in 2024, leaving thousands of homeowners with orphaned solar systems and active loan payments. Homeowners may have legal grounds to cancel contracts and dispute loan obligations under the FTC Holder Rule and state consumer protection laws. Call (888) 918-3519 for a free case evaluation.
Titan Solar Power was once one of the fastest-growing residential solar companies in the United States, operating primarily in Arizona, Nevada, Texas, and California. The company built its business on an aggressive door-to-door sales model, promising homeowners dramatic savings on their electricity bills. When Titan Solar abruptly shut down operations in 2024, it left thousands of customers stranded with solar systems that may have been improperly installed, incomplete, or underperforming—and with loan payments still due to third-party financing companies.
What Happened to Titan Solar Power?
Titan Solar Power's collapse was not entirely unexpected by industry observers. The company grew rapidly through aggressive sales tactics, often prioritizing volume over quality. As the residential solar market tightened in 2023-2024 due to rising interest rates and changes to net metering policies, Titan Solar's business model became unsustainable.
"Titan Solar's closure is part of a larger pattern in the residential solar industry. Companies that grew too fast on the back of aggressive sales and third-party financing are now collapsing, leaving homeowners to deal with the consequences."
Common Issues Reported by Titan Solar Customers
Incomplete Installations
Many homeowners report that Titan Solar began their installation but never completed it—leaving panels on the roof that were never connected, permits that were never closed, or inspections that were never scheduled.
Code Violations
Inspections of Titan Solar installations have revealed electrical code violations, improper roof penetrations, and installations that don't meet local building standards, creating safety hazards.
Misleading Sales Promises
Titan's door-to-door salespeople frequently overstated potential savings, misrepresented government incentives, and failed to clearly explain the financing terms and total cost of the system.
Unauthorized Credit Checks
Some homeowners report that Titan Solar ran hard credit inquiries without proper authorization, or that they were enrolled in financing programs they didn't fully understand or agree to.
The Financing Company Problem
One of the most frustrating aspects of Titan Solar's closure is that homeowners are still expected to make monthly loan payments to third-party financing companies—even though the installer that was supposed to support the system no longer exists. Common lenders associated with Titan Solar contracts include:
Mosaic
Solar loans
GoodLeap
Home improvement loans
Sunlight Financial
Solar financing
Dividend Finance
Clean energy loans
However, the FTC Holder Rule may provide critical protection. This federal regulation allows consumers to assert claims and defenses against a lender that arise from the seller's misconduct. In other words, if Titan Solar committed fraud or breached your contract, you may be able to use those same arguments against the financing company to reduce or eliminate your loan obligation.
Steps to Cancel Your Titan Solar Contract
Confirm Titan Solar's Status
Verify that Titan Solar Power has ceased operations in your area. Check the BBB, your state's contractor licensing board, and any bankruptcy court filings for official records.
Identify Your Financing Company
Determine who holds your solar loan. Common Titan Solar lenders include Mosaic, GoodLeap, Sunlight Financial, and Dividend Finance. Your legal strategy depends on this relationship.
Document Everything
Photograph your installation, gather all contracts and communications, and document any incomplete work, code violations, or system malfunctions. This evidence is critical for your case.
Consult a Solar Contract Attorney
Contact Solar Exit Law for a free case evaluation. We specialize in cases involving defunct solar companies and can advise you on the best legal strategy to cancel your contract and potentially recover damages.
Your Legal Options
Homeowners affected by Titan Solar's closure have several potential legal avenues, depending on their specific circumstances:
- ●Contract Cancellation: Terminate the solar agreement based on the installer's material breach (failure to provide ongoing service, warranty, and maintenance)
- ●Loan Dispute: Challenge the financing obligation using the FTC Holder Rule and state consumer protection laws
- ●Fraud Claims: Pursue claims for misrepresentation of savings, unauthorized credit checks, or deceptive sales practices
- ●State AG Complaints: File complaints with your state Attorney General's office to support broader enforcement actions
- ●Bankruptcy Claims: If Titan Solar filed for bankruptcy, you may be able to file a proof of claim for damages