On December 27th, 2024, official notice was given that perth-based solar installation company Sungain Solar had entered liquidation.  That’s a fancy way of saying they’d gone bust.  A number of their customers have been left in the lurch because they paid deposits for solar systems and now don’t know if they’ll get any of their money back.

Below, I’ll tell you how you can protect yourself — in general — from companies disappearing down the drain with your deposit.  I’ll also specifically mention the best way to protect yourself when it comes to getting rooftop solar, home batteries, and EV chargers.

Even Good Businesses Can Go Bust

While we may have reacted faster if their official liquidation notice hadn’t been made over the Christmas period, on the 30th of December we placed the following notice at the top of their SolarQuotes review page:

If you go to the Sungain Solar site, you will now see this image:

The section at the bottom that’s hard to read says, “Sungain Solar has recently closed. If you are an existing customer, please contact [email protected] for further information.”

That’s a nice picture of a family in front of a solar home.  Now I could just be slow on the uptake here, but…