GA HB73

Sellers of residential distributed energy generation systems (solar panels, battery storage exceeding 1 kilowatt) must provide buyers or lessees a written disclosure statement in at least 12-point type covering 29 categories of information, including total costs, payment schedules, savings estimate assumptions, tax credit details, warranty terms, lien notifications, and rescission rights.

The Georgia Public Service Commission must publish standard disclosure statement forms on its website and develop a prerecorded solar awareness presentation covering consumer rights, ongoing system costs, and state interconnection/metering laws by January 1, 2025, in consultation with the solar industry.

Sellers who willfully fail to provide the required disclosure or provide an incomplete one face civil penalties imposed by the Public Service Commission after notice and hearing, capped at the purchase price or equivalent purchase cost of the system per violation.

The disclosure requirements do not apply to transactions involving the sale or transfer of real property with an existing system, systems installed on nonresidential property, or installers who are not the seller of the system.

The Act becomes effective July 1, 2024, and applies to contracts executed on or after January 1, 2025.