Skip to comments.Biden Admin Sent Billions in Tax Dollars to Fraudulent Solar Company
Posted on 12/08/2023 9:19:53 AM PST by Red Badger
An investigation has been launched into the U.S. Department of Energy (DOE) after Democrat President Joe Biden’s administration was found to have sent billions of dollars in taxpayers’ money to a fraudulent solar company.
Biden’s DOE recently gave a $3 billion award to a solar energy company that has been accused of scamming vulnerable customers.
Republican leaders in the House and Senate are probing the DOE over the move.
The investigations are being led by House Energy and Commerce Chair Cathy McMorris Rodgers (R-WA) and Senate Energy and Natural Resources Ranking Member John Barrasso (R-WY).
In a letter to DOE Loan Programs Office Director Jigar Shah, the Republicans expressed serious concern about rewarding the corrupt Houston-based Sunnova Energy Corporation.
Rodgers and Barrasso cited reports highlighting how Sunnova has previously been caught scamming and misleading consumers.
“We are alarmed about recent, credible reports that Sunnova has racked up numerous consumer complaints, including those alleging troubling sales practices, such as Sunnova pressing elderly homeowners in poor health to sign long-term contracts costing tens of thousands of dollars,” they wrote to Shah.
“These reports cite interviews with individuals who struggled to deal with large contracts that their elderly parents signed shortly before passing away as well as state consumer complaints alleging maintenance delays and predatory sales strategies.”
In late September, the DOE Loan Programs Office announced that it had closed on a $3 billion partial loan guarantee to Sunnova’s Project Hestia.
The funding was earmarked to provide solar and battery storage to low-income individuals.
The grant was awarded as part of President Biden’s sweeping green agenda.
The agreement marked the federal government’s largest commitment ever made to solar power.
The announcement stated that the project will provide loans for clean energy systems for approximately 75,000 to 115,000 homeowners throughout the U.S. and Puerto Rico.
However, while the reports cited in the letter by McMorris Rodgers and Barrasso focus on specific examples of fraud, the GOP leaders warn that they “are not isolated incidents.”
Earlier this year, for example, the Better Business Bureau issued an alert for Sunnova and assigned it an “F rating” over its pattern of “deceptive sales practices,” poor customer service, and repair technicians not arriving on schedule.
Consumers reported that their issues were only resolved by Sunnova after filing a complaint with the Better Business Bureau.
“To this date, despite countless phone calls, we still have not received service for that part almost 5 months later,” one complaint filed in October with the Better Business Bureau states.
“Our panels have not been working, therefore we are not receiving any benefit for them given that we are not receiving any credit from our electrical company due to them not working.
“We have tried over 100 times to call and work with the company to get them fixed.”
“Our solar system (Sunova) [sic.] has not been working properly for 4+ months,” another October complaint states.
“We have contacted Sunova [sic.] multiple times with little to no action.
“Our contract states that Sunova [sic] will monitor our system and if there is an issue will fix in a timely manner.
“We have been fighting with this company for months to fix our system with no success.
“We have paid over a thousand dollars for electricity to the national grid since our system isn’t working.
“Sunova [sic] is in breach of contract.”
In 2019, Puerto Rico’s Energy Bureau published a report, USA Today reported, that accused Sunnova of misleading consumers on the costs, contract length, and potential savings from their services.
The report went as far as to state that the company’s “practices during the contracting process are not consistent with the obligations that power companies have.”
Sunnova, which owns a majority of the residential market share in Puerto Rico, was hit with 436 complaints in the aftermath of Hurricane Maria, the report stated.
And the Washington Free Beacon reported last month that Sunnova has allegedly scammed vulnerable consumers including the elderly and sick.
The report pointed to multiple examples of door-to-door Sunnova salesmen persuading such individuals to sign 25-year solar panel leases.
“It was truly ripping off old people,” Texas resident Terry Blythe told the outlet.
“It was the biggest ripoff I’ve ever seen.”
Blythe said her late father had been coerced into signing a 25-year solar panel lease in 2020 when he was 86 years old and suffering from dementia.
“All customers, regardless of age, are required to complete a thorough validation process where we confirm their identity and ensure that they have read and comprehended the terms of their agreements,” a Sunnova spokesperson told the Washington Free Beacon.
They continued by explaining that the company “cannot and [does] not decline to enter into an agreement based on a customer’s age.”
The spokesperson added that Sunnova is “fully dedicated to assisting all our customers in resolving any issues that may arise during the life of their agreement or due to external factors.”
Sunnova was founded in 2012 and ultimately went public seven years later in 2019.
The company offers to install rooftop solar panels, mainly for residential customers, in exchange for a low-cost lease.
However, in recent years, the company has lost hundreds of millions of dollars and its stock price has plummeted.
In 2021, it lost $147.5 million, in 2022, it lost $130 million.
Since January 2021, the company’s stock price has fallen more than 77%.
Hint: their election fraud worked in 2020.
That’s okay. The big guy got his 10%, so all is well ...
SOLYNDRA!!!! Same BS
In 2009, the Obama administration co-signed $535 million loans to Solyndra. The company filed for bankruptcy on September 1, 2011.
Gosh. It’s almost like “green energy” is just a massive con game ...
Nothing but money laundering and financial distribution centers for the 2024 election malarkey.
And the WEF is demanding trillions more for this grift.
I would like to see our Dumb Energy Secretary testify before the Senate or House and explain this along with her other fiascos.
As I recall, Solyndra failed in the month that Bush’s economic advisers predicted that it would fail, when they declined to guarantee federal loans to them.
And how much of that $3billion have wound up in the pockets of certain leftist organizations, Washington pockets, campaign coffers, etc.? It’s leftist money laundering. They don’t have a clue how to create wealth, only how to steal it from the productive elements of society and use it for themselves. Multiply that $3billion many, many times and you can see how all those leftist organizations, anarchist groups, dem candidates, etc. seem to thrive. It sure isn’t from the donations of hard working Americans.
It’s odd how Solar works best when it’s a money scam.
I haven’t heard of any of these people before now. What’s the story on them?
Who says crime doesn’t pay!
It is, and we are the ones getting screwed! As usual.
Sunnova Energy Corp. Director 2018 BTS Biogas SRL Director - VPI Holding Ltd. Director 2017 Bioenergy Development Group LLC Director 2019 BayoTech, Inc. (New Mexico) Board Member 2021 Leyline Renewable Capital LLC Board Member 2019 Leyline Renewable Energy LLC Director 2019 GRL Holdings Pty Ltd. Director - Bayotech Holdings LLC Director 2020 Alternative Resource Group LLC Director - Rove Charging LLC Director 2021 Newlight Partners LP
Everyone in DC is in on the grift.
Yet another way for the politicians to launder money.
Now you know why they all hate Trump so much.
Selling carbon credits is part of the green scam, and a certain car company raked in billions taking advantage of it, and is still doing so.
Does this taxpayers’ money come back in the form of bribes to the bribables?
Seems like this is a whole career for those with fancy degrees...ripping off taxpayers for fake energy. There must be kickbacks to our “public servants”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.