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Stock impact report

Texas families take on Houston-based solar company in arbitration case [CBS News]

Sunnova Energy International Inc. (NOVA) 
Last sunnova energy international inc. earnings: 2/24 04:43 pm Check Earnings Report
Company Research Source: CBS News
In February, the CBS News Texas I-Team revealed a pattern of complaints against Sunnova Energy, accusing it of preying on the sick and elderly by getting them to sign long-term payment plans for solar panels they can't afford. Terry Blythe is among the 11 people now taking Sunnova to arbitration. She's seeking compensation for the grief she says they caused her late father and elderly mother. When her parents' home began to fall apart, Blythe rushed to move them out, and to sell the property to pay for their care. "We started contacting investors and they're like, they don't want to buy the house," Blythe said. She said it wasn't the condition of the home driving away buyers, but what was on it. Blythe discovered a door-to-door salesman convinced her father, Willy Donahoo, to sign a $34,000 contract with Sunnova to put solar panels on the house. "It had foundation issues, it had plumbing issues," Blythe said. "The last thing they needed were solar panels. But that's what they Show less Read more
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