CLAYTON, NC – North Carolina State University is working to finalize a sponsorship contract with solar panel installer Pink Energy, a spokesperson told 5 On Your Side.

After WRAL News asked about Pink advertising appearing at Wolfpack sporting events, the university moved to terminate the contract. This statement was released:

Pink Energy (formerly Powerhome Solar) has been a sponsor of NC State Athletics through their sponsorship agreement with Wolfpack Sports Properties since 2019. However, Wolfpack Sports Properties is in the process of terminating the agreement. Ads will no longer be displayed on the site or in any NC State Athletics content.

After the company announced it would fold, North Carolina Attorney General Josh Stein and his peers elsewhere investigated its practices. Stein said his office will thoroughly investigate accusations that Pink used high-pressure sales tactics, did shoddy and substandard work and failed to honor warranties and respond to service requests. to the customer.

The Ohio AG filed a lawsuit to demand that Pink compensate all consumers harmed by the company’s actions.

At the beginning of 2022, Pink Energy will have approximately 2,100 employees. In early October 2022, all remaining employees were terminated.

Jayson Waller, CEO and co-founder of Pink Energy, formally known as PowerHome Solar, told WRAL News that complaints about defective solar panels can be blamed on a faulty component manufactured by a third party. that party.

Pink Energy filed a federal lawsuit against the supplier, publicly traded company Generac, which makes a part known as SnapRS.

A Generac spokesperson pointed the finger back at Pink Energy’s installers.

5 Keely Arthur of Your Side interviewed Waller on Sept. “Very possible,” Waller replied.

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