GC-1000 warranty [RE-wrenches]

[matthew tritt]

John,

If you happen to run across the name of the insurance company, would you
mind posting it here? I bet you're right that things won't be changing here
any time soon!

Cheers,

Matt T
----- Original Message ----- 
From: "John Berdner" <jberdner at sma-america.com>
To: <RE-wrenches at topica.com>
Sent: Thursday, June 05, 2003 3:49 PM
Subject: Re: GC-1000 warranty [RE-wrenches]


> Matt T,
>
> One of our customers found an insurance company who writes policies to
> cover the warranty in the event the manufacturer defaults.
> I don't remember the name of the company but it seems reasonable that
> this type of thing would be available.
>
> In Europe companies are required to post bonds to cover that type of
> thing.
> It isn't a PV specific issue but one of the fundamental issues of being
> in business.
> The idea of a bond here in the US sounds good to me but here too it
> would have to extend beyond PV.
> There is nothing inherently unique about our industry that does not
> apply to other industries and companies that go under.
> I honestly can't see it happening in the US anytime soon since this
> would be a fundamental change in business regulations.
>
> Best Regards,
>
> John Berdner
>
>
>
> >>> solarone at charter.net 6/4/2003 08:57:47 PM >>>
> Mark,
>
> Don't you think that requiring manufacturers to post a bond, big enough
> to
> cover this kind of problem, would be enough of a dis-incentive to most
> manufacturers that many would simply opt out? Requiring a 5 year
> guarantee
> for electronic equipment has seemed like a utopian vision that could
> only
> possibly make sense to bureaucrats who have never made a thing in
> their
> lives (other than paperwork of course).
>
> Of course, even with a 2 year warranty, Advanced Energy inverters
> would
> still have plenty of big problems.
>
> Matt T
>
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