GA HB1494

Sellers of distributed energy generation systems (devices over 1 kilowatt used for on-site electricity generation or storage) must provide buyers and lessees a written disclosure statement in at least 12-point type covering total costs, payment schedules, savings estimate assumptions, tax credits, warranties, lien notifications, insurance responsibilities, and rescission rights.

Installers of distributed energy generation systems must be licensed as general contractors, residential contractors, or employ a licensed electrical contractor under Chapter 14 of Title 43.

The Georgia Public Service Commission must publish standard disclosure statement forms (no more than 5 pages) and develop a prerecorded solar awareness presentation on its website by January 1, 2023, addressing system costs, maintenance, and interconnection laws.

Willful and intentional violations of the disclosure or licensing requirements are subject to civil penalties imposed by the Public Service Commission after notice and hearing, capped at the purchase price or equivalent value of the system per violation.

The requirements apply only to residential property transactions and exempt real estate sales involving existing systems, nonresidential installations, and third-party installers who are not the seller or lessor; the Act takes effect July 1, 2022, and applies to contracts executed on or after January 1, 2023.