Reminder about Bond Increase as of January 1, 2023
On January 1, 2023, the contractor license bond, bond of qualifying individual, and disciplinary bond, increased to $25,000 as a result of Senate Bill 607. See more about SB 607 in these Industry Bulletins from October 2022 and December 2021. A list of surety companies with a blanket endorsement on file with CSLB can be found on CSLB’s Bond Requirements page.
Solar Consumers – Important Reminder
Contractors may not accept more than 10% of the contract price or $1,000, whichever is less, as a down payment on a home improvement contract (including for a solar energy system). A contractor cannot request or accept progress payment(s) exceeding the value of work performed or materials delivered on a home improvement contract.
Solar Energy System Contracting Tips
If you’re considering installing a residential solar energy system, there is important information you need to consider so you can be “Solar Smart.” More details can be found on CSLB’s Solar Smart page.