Advertisement Continue reading the main story“Out of more than 305,000 installed customers, SolarCity is currently involved in 139 such proceedings,” the company said in a statement. The foreclosures can lead to a pause, or an end, of the lucrative monthly payments customers pay for the leases. In either situation, details of the cases identified by The Times raise questions about how well the company, relying on one credit check, vets potential customers. What SolarCity offers its customers is simple in theory: savings on their electricity bills from the solar panels glistening on their roofs. The foreclosure lawsuits do not appear to have made much of a dent in SolarCity’s bottom line.

Source: New York Times February 22, 2017 21:18 UTC