The $4.75 million SunPower settlement resolved claims that its solar modules' factory-integrated microinverters were defective and produced far less power than promised. The claim deadline has passed.
What's This Settlement About?
A $4,750,000 settlement has been reached with SunPower, a solar panel company. The lawsuit behind the class action settlemend alleged that the Solar Modules, or solar panels, that SunPower manufactured, marketed, and sold with factory integrated Subject Microinverters are defective. The lawsuit alleges that these "Microinverters" contained a defective component part manufactured by a third-party that causes the Microinverters to prematurely degrade and cease to function at the expected level within a few years of installation, and long before the end of their claimed useful life. In short, this means that SunPower solar systems produced far less power than was anticipated by homeowners who purchased SunPower systems.
Status
Claims Closed
Claim deadline passed March 10, 2022
Claim Deadline
March 10, 2022 (Passed)
Settlement Fund
$4,750,000
Average ~$173.52 per class member
Proof Required
Yes
How Do I Qualify?
You qualify, and are therefore a Settlement Class Member if you are a U.S. resident and purchased, for residential use through a cash or financed transaction, one or more SunPower Solar Modules with factory integrated Subject Microinverters and currently own or formerly owned a residence on which the SunPower Solar Modules are installed, or if you are a current owner of any such residence.What Can I Get?
If the Court grants final approval of the Settlement, SunPower will pay $4,750,000.00 into a Qualified Settlement Fund. The average payment per Settlement Class Member would be around $173.52.How Do I File a Claim?
The Claims Filing Deadline was March 10, 2022. The Court held a Final Approval Hearing at 1:30 pm on February 24, 2022, in San Jose, California. That deadline has passed and this settlement is now closed to new claims.Free settlement alerts
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