Q: I have a question about a contract in Florida.
I signed a contract in Florida with SunPro for solar energy using LG panels in December 2021, 2 months later in February the company making the panels, LG announced they were getting out of the solar business and would stop making the panels and other solar equipment.
I was concerned that 10 years down the road if there was an issue with my solar system the company responsible for the warranty may have a problem getting the panels to replace defective panels if they went bad so I called and canceled the SunPro contract since they were still planning to use LG panels. Now the solar company SunPro is telling me if I don't continue with the solar installation there is a $3,000 cancelation fee. It also has an arbitrator clause in the contract.
Can they enforce the cancelation fee since they are installing panels that have been discontinued by the manufacturer? They did not point out there was a cancelation fee, but it is in a 25-page contract they had me rush through signing.
A: Even if it stops making the panels, LG (and probably SunPro as well) would still be bound by its warranty. And, of course, since you should have read the contract, you are probably bound by it, including the cancellation fee.
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