PosiGen's Bankruptcy Wind-Down: What It Means for Your Solar Lease
If you leased solar panels from PosiGen or signed a power purchase agreement (PPA) with the company, recent news about its financial troubles may have left you uncertain about your payments, your warranty, and who to call when something goes wrong. That uncertainty is understandable.
The short version is that the original company is reportedly winding down, but the accounts themselves were generally picked up by successor companies. That distinction matters, and this article walks through what it may mean for you.
What happened to PosiGen?
PosiGen was a residential solar company known for owning, leasing, and installing systems, with a particular focus on serving low-to-moderate-income households. According to reports, PosiGen ceased most of its US operations around August 2025, with WARN notices reportedly citing financial difficulty tied in part to changes in federal tax-credit policy.
The company reportedly filed for Chapter 11 bankruptcy in the Southern District of Texas in late 2025, and a liquidating or wind-down plan was reportedly confirmed in early 2026. In plain terms, the business that originally signed your agreement is generally being wound down rather than continuing as before.
What this means for your lease or PPA
Here is the part that surprises many homeowners: a company going through bankruptcy does not automatically cancel your lease or PPA. In most cases, those agreements are treated as assets, and they can be sold or transferred to another company that then collects payments and handles service.
According to reports, most of PosiGen's residential lease and PPA portfolio was acquired by Renewbrook Energy, with the remainder reportedly going to SunStrong Management. That generally means existing customers are still being serviced, and your obligation to make payments likely continues under the successor. You should watch for written notices telling you who now services your account and where payments go. If you would like more background on how these transfers typically work, our guide on what happens to your warranty when a solar company goes bankrupt may help.
Possible grounds for a review
Even when accounts are transferred, a bankruptcy and a change of servicer can sometimes surface issues worth examining. These may include lapses in promised maintenance, unhonored warranty requests, production that reportedly falls short of what was promised, or confusion about who is responsible for repairs. None of these guarantee any particular result, but they can be reasons to have your agreement and your system's history reviewed by a professional.
It can also help to gather your original contract, any performance guarantees, and records of service requests. If a lien was recorded against your property in connection with the system, our overview of UCC-1 solar liens and home sales explains why that can matter, especially if you plan to sell.
Should you stop making payments?
Please do not stop making payments simply because PosiGen entered bankruptcy. As a general matter, the obligation is still owed to whoever now holds or services the account, and missing payments could expose you to late fees, collection activity, or other consequences. If you are worried about your credit, our article on whether canceling solar can hurt your credit offers context.
The better path is usually to keep your account current while a professional reviews whether you have grounds to renegotiate, dispute, or exit. Stopping payments on your own, before that review, can weaken your position.
What to do now
- Locate your original PosiGen lease or PPA and any warranty or production-guarantee documents.
- Watch for written notices identifying your new servicer, and confirm where to send payments before your next due date.
- Keep making your regular payments while you evaluate your options.
- Document any service outages, unanswered requests, or performance shortfalls, with dates.
- Get a professional review of your specific agreement before making any changes.
If you are unsure what your options are, we can help you sort it out. Call (385) 490-8606 or request a free consultation — free, no obligation, Mon–Sat 8AM–7PM MT. You can also browse our list of solar companies that have gone out of business to see how other situations compare.
Utah Solar Exit connects homeowners with licensed professionals and is not a law firm; this article is general information, not legal advice about any specific company or contract.