Synergy 768 Inc, a Brentwood-based solar energy solution provider, filed for Chapter 11 bankruptcy on December 19, 2025, in the US Bankruptcy Court for the Northern District of California.
Source:
edhat.comThe company has reported estimated assets and liabilities ranging between $1 million and $10 million, with a creditor count between one and 49.
Source:
edhat.comThe filing indicates that Synergy 768 has not previously filed for bankruptcy in the last eight years, nor does it have any pending cases against it or its affiliates.
Source:
edhat.comThe company has appointed David C.Johnston as its legal representative for the bankruptcy proceedings.
Source:
edhat.comSynergy 768 has been a player in the solar industry for over a decade, claiming to be a leader in both residential and commercial solar panel installations.
Source:
edhat.comIts services include solar installations, battery backup systems, and electric vehicle charging stations, among others.
Source:
edhat.comHowever, the company did not specify the reasons for its bankruptcy filing, which has raised questions about its operational viability in a challenging market.The solar industry has faced significant challenges in recent years, particularly in California, where new net metering rules under NEM 3.0 have drastically reduced the financial incentives for solar installations.
Source:
solarinsure.comThis policy shift has contributed to a dramatic decline in demand, with an 80% decrease in rooftop solar installation volume reported in the state.
Source:
solarinsure.comThe broader economic environment has also played a role, with rising interest rates making financing more difficult for both consumers and solar companies.
Source:
solarinsure.comAs a result, over 100 solar companies have declared bankruptcy in recent years, a trend that has been particularly pronounced in California.
Source:
solarinsure.comSynergy 768's bankruptcy is part of a larger pattern affecting the solar industry, where many smaller contractors have struggled to survive amid increased operational costs and reduced consumer demand.
Source:
solarinsure.comThe fallout from these bankruptcies has led to thousands of layoffs and stalled projects, leaving many homeowners uncertain about their solar investments.
Source:
solarinsure.comAs the solar market continues to evolve, the closure of companies like Synergy 768 raises concerns about the future of solar energy in California.Homeowners with ongoing installations may face delays and uncertainty regarding service and warranty claims, as the number of active contractors diminishes.
Source:
solarinsure.comDespite these challenges, the solar industry is expected to demonstrate resilience in the long term, driven by technological advancements and a growing emphasis on renewable energy.
Source:
solarinsure.comHowever, the immediate impact of Synergy 768's bankruptcy will likely be felt by its customers and the broader market as it navigates these turbulent times.
Source:
solarinsure.comIn conclusion, Synergy 768 Inc's Chapter 11 filing highlights the ongoing struggles within the solar industry, particularly in California.As the market adapts to new policies and economic realities, the future remains uncertain for many solar contractors and their customers.