“It is hard to square Meghan Nutting’s parting comments with good, only bad. Her company failed everyone but a few employees, and no one more than founder/CEO John Berger. Her industry has failed its owners and customers too. Her solar journey was a mistake, a mirage, enabled by government.”

Rooftop solar will go down as one of the biggest consumer busts in energy history–and it is just getting started. Sunnova Energy International, with 441,000 rooftop customers, already the subject of mass complaints and lawsuits, can no longer perform on their long-term contracts. So much for promises (still on their website):

25 Years of Protection

Enjoy peace of mind knowing your home solar system and battery are covered by Sunnova Protect®, featuring maintenance, monitoring, repairs, and replacements for 25 years.…

“Our Founder and CEO John Berger reminds us why this event is so pivotal: Sunnova and our dealer partners are uniting to tackle the U.S. power demand shortage with American-made solar solutions.🤝”

Previous posts (here, here, and here) have detailed how a second-hander company, trying to be all things to all people, and living off of special government subsidies, was a liability parading as an asset. Sunnova was never profitable, and the only winners among the countless thousands involved with the company were founder and CEO John Berger (inflated salary and cashouts) and some other executives paid for misallocating resources.

Having been at Enron from the beginning to the end, and seeing the similarities of Enron and Sunnova (both went down with the lights on), and knowing Berger was a Ken Lay-alike, I gathered (below) some pictures of the company’s hyperbole in action.…

“Climate action is a cornerstone of our business strategy and our commitment to sustainability.”

“At Sunnova, we have worked diligently to embed responsibility, sustainability and risk management into everything that we do….. The transition to a net-zero economy is one that we are determined to realize. It requires innovation, bold action, thoughtfulness, and alignment with leading climate science, all without sacrificing affordability, resilience, and energy equity.” (2023 Sustainability Report)

Here are the (nauseating) highlights of the Houston-based rooftop solar leader, Sunnova Energy (NOVA). Once sporting a stock price in the 50s per share, it is now a penny stock, a story briefly told here.

Politically correct, economically incorrect, the business plan of Enron-ex CEO John Berger was all about living off of special taxpayer favors. And in the Enron tradition, its 95-page EGS report was all about imaging and political posturing.…

“On the 15th anniversary of the BP blowout, the real takeaway is that oil companies that think they are ‘beyond petroleum’ are value destroyers for shareholders and for the environment.”

Every April commemorates BP’s Deepwater Horizon oil spill (April 2010). To the anti-energy Left, Deepwater Horizon is the epitome of oil-gone-bad, coming some 21 years after the Exxon Valdez oil spill. It was not supposed to happen again, but ….

The sad facts of Deepwater Horizon will forever remain; the multiple failures behind the seafloor accident meticulously documented. But a paradox remains. Mighty BP, captained by John Browne, the leading “environmentalist” of the petroleum industry, created a corporate culture that resulted in lax safety and environmental protocols. By saving about $5 million out of $100+ million in drilling costs, the company ended up paying out in excess of $60 billion.…