VA SB823

Requires solar installation companies to provide written contracts with specific disclosures including company contact information, license numbers, payment schedules, system design specifications, and performance guarantees for any sale, lease, or power purchase agreement

Grants customers a 5-business-day right to cancel solar contracts without penalty and prohibits requiring payment until the system is installed, interconnected, and functioning

Mandates disclosure of savings estimate assumptions, utility rate projections, renewable energy credit ownership, and a warning that tax incentives and utility programs may change

Requires notice that solar leases or loans may affect home sales if a financing statement is filed, along with information about lease transferability conditions

Establishes civil penalties up to $2,500 per willful violation, with funds directed to the Low-to-Moderate Income Solar Loan and Rebate Fund, effective January 1, 2027