Connect with us

Tech

MiniMax’s new open M2.5 and M2.5 Lightning near state-of-the-art while costing 1/20th of Claude Opus 4.6

Published

on

Chinese AI startup MiniMax, headquartered in Shanghai, has sent shockwaves through the AI industry today with the release of its new M2.5 language model in two variants, which promise to make high-end artificial intelligence so cheap you might stop worrying about the bill entirely.

It’s also said to be “open source,” though the weights (settings) and code haven’t been posted yet, nor has the exact license type or terms. But that’s almost beside the point given how cheap MiniMax is serving it through its API and those of partners.

For the last few years, using the world’s most powerful AI was like hiring an expensive consultant—it was brilliant, but you watched the clock (and the token count) constantly. M2.5 changes that math, dropping the cost of the frontier by as much as 95%.

By delivering performance that rivals the top-tier models from Google and Anthropic at a fraction of the cost, particularly in agentic tool use for enterprise tasks, including creating Microsoft Word, Excel and PowerPoint files, MiniMax is betting that the future isn’t just about how smart a model is, but how often you can afford to use it.

Advertisement

Indeed, to this end, MiniMax says it worked “with senior professionals in fields such as finance, law, and social sciences” to ensure the model could perform real work up to their specifications and standards.

This release matters because it signals a shift from AI as a “chatbot” to AI as a “worker”. When intelligence becomes “too cheap to meter,” developers stop building simple Q&A tools and start building “agents”—software that can spend hours autonomously coding, researching, and organizing complex projects without breaking the bank.

In fact, MiniMax has already deployed this model into its own operations. Currently, 30% of all tasks at MiniMax HQ are completed by M2.5, and a staggering 80% of their newly committed code is generated by M2.5!

As the MiniMax team writes in their release blog post, “we believe that M2.5 provides virtually limitless possibilities for the development and operation of agents in the economy.”

Advertisement

Technology: sparse power and the CISPO breakthrough

The secret to M2.5’s efficiency lies in its Mixture of Experts (MoE) architecture. Rather than running all of its 230 billion parameters for every single word it generates, the model only “activates” 10 billion. This allows it to maintain the reasoning depth of a massive model while moving with the agility of a much smaller one.

To train this complex system, MiniMax developed a proprietary Reinforcement Learning (RL) framework called Forge. MiniMax engineer Olive Song stated on the ThursdAI podcast on YouTube that this technique was instrumental to scaling the performance even while using the relatively small number of parameters, and that the model was trained over a period of two months.

Forge is designed to help the model learn from “real-world environments” — essentially letting the AI practice coding and using tools in thousands of simulated workspaces.

“What we realized is that there’s a lot of potential with a small model like this if we train reinforcement learning on it with a large amount of environments and agents,” Song said. “But it’s not a very easy thing to do,” adding that was what they spent “a lot of time” on.

Advertisement

To keep the model stable during this intense training, they used a mathematical approach called CISPO (Clipping Importance Sampling Policy Optimization) and shared the formula on their blog.

This formula ensures the model doesn’t over-correct during training, allowing it to develop what MiniMax calls an “Architect Mindset”. Instead of jumping straight into writing code, M2.5 has learned to proactively plan the structure, features, and interface of a project first.

State-of-the-art (and near) benchmarks

The results of this architecture are reflected in the latest industry leaderboards. M2.5 hasn’t just improved; it has vaulted into the top tier of coding models, approaching Anthropic’s latest model, Claude Opus 4.6, released just a week ago, and showing that Chinese companies are now just days away from catching up to far better resourced (in terms of GPUs) U.S. labs.

MiniMax M2.5 line plot comparing different models performance over time on SWE benchmark

MiniMax M2.5 line plot comparing different models performance over time on SWE benchmark. Credit: MiniMax

Advertisement

Here are some of the new MiniMax M2.5 benchmark highlights:

  • SWE-Bench Verified: 80.2% — Matches Claude Opus 4.6 speeds

  • BrowseComp: 76.3% — Industry-leading search & tool use.

  • Multi-SWE-Bench: 51.3% — SOTA in multi-language coding

  • BFCL (Tool Calling): 76.8% — High-precision agentic workflows.

MiniMax M2.5 various benchmarks comparison bar charts

MiniMax M2.5 various benchmarks comparison bar charts. Credit: MiniMax

On the ThursdAI podcast, host Alex Volkov pointed out that MiniMax M2.5 operates extremely quickly and therefore uses less tokens to complete tasks, on the order $0.15 per task compared to $3.00 for Claude Opus 4.6.

Breaking the cost barrier

MiniMax is offering two versions of the model through its API, both focused on high-volume production use:

Advertisement
  • M2.5-Lightning: Optimized for speed, delivering 100 tokens per second. It costs $0.30 per 1M input tokens and $2.40 per 1M output tokens.

  • Standard M2.5: Optimized for cost, running at 50 tokens per second. It costs half as much as the Lightning version ($0.15 per 1M input tokens / $1.20 per 1M output tokens).

In plain language: MiniMax claims you can run four “agents” (AI workers) continuously for an entire year for roughly $10,000.

For enterprise users, this pricing is roughly 1/10th to 1/20th the cost of competing proprietary models like GPT-5 or Claude 4.6 Opus.

Model

Input

Advertisement

Output

Total Cost

Source

Qwen 3 Turbo

Advertisement

$0.05

$0.20

$0.25

Alibaba Cloud

Advertisement

deepseek-chat (V3.2-Exp)

$0.28

$0.42

$0.70

Advertisement

DeepSeek

deepseek-reasoner (V3.2-Exp)

$0.28

$0.42

Advertisement

$0.70

DeepSeek

Grok 4.1 Fast (reasoning)

$0.20

Advertisement

$0.50

$0.70

xAI

Grok 4.1 Fast (non-reasoning)

Advertisement

$0.20

$0.50

$0.70

xAI

Advertisement

MiniMax M2.5

$0.15

$1.20

$1.35

Advertisement

MiniMax

MiniMax M2.5-Lightning

$0.30

$2.40

Advertisement

$2.70

MiniMax

Gemini 3 Flash Preview

$0.50

Advertisement

$3.00

$3.50

Google

Kimi-k2.5

Advertisement

$0.60

$3.00

$3.60

Moonshot

Advertisement

GLM-5

$1.00

$3.20

$4.20

Advertisement

Z.ai

ERNIE 5.0

$0.85

$3.40

Advertisement

$4.25

Baidu

Claude Haiku 4.5

$1.00

Advertisement

$5.00

$6.00

Anthropic

Qwen3-Max (2026-01-23)

Advertisement

$1.20

$6.00

$7.20

Alibaba Cloud

Advertisement

Gemini 3 Pro (≤200K)

$2.00

$12.00

$14.00

Advertisement

Google

GPT-5.2

$1.75

$14.00

Advertisement

$15.75

OpenAI

Claude Sonnet 4.5

$3.00

Advertisement

$15.00

$18.00

Anthropic

Gemini 3 Pro (>200K)

Advertisement

$4.00

$18.00

$22.00

Google

Advertisement

Claude Opus 4.6

$5.00

$25.00

$30.00

Advertisement

Anthropic

GPT-5.2 Pro

$21.00

$168.00

Advertisement

$189.00

OpenAI

Strategic implications for enterprises and leaders

For technical leaders, M2.5 represents more than just a cheaper API. It changes the operational playbook for enterprises right now.

The pressure to “optimize” prompts to save money is gone. You can now deploy high-context, high-reasoning models for routine tasks that were previously cost-prohibitive.

Advertisement

The 37% speed improvement in end-to-end task completion means the “agentic” pipelines valued by AI orchestrators — where models talk to other models — finally move fast enough for real-time user applications.

In addition, M2.5’s high scores in financial modeling (74.4% on MEWC) suggest it can handle the “tacit knowledge” of specialized industries like law and finance with minimal oversight.

Because M2.5 is positioned as an open-source model, organizations can potentially run intensive, automated code audits at a scale that was previously impossible without massive human intervention, all while maintaining better control over data privacy, but until the licensing terms and weights are posted, this remains just a moniker.

MiniMax M2.5 is a signal that the frontier of AI is no longer just about who can build the biggest brain, but who can make that brain the most useful—and affordable—worker in the room.

Advertisement

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

5 Unique Ways To Upgrade Your Home Tool Box

Published

on





We may receive a commission on purchases made from links.

Tool boxes are designed to help you store, organize, and protect your tools. They’re made of multiple types of material, from flexible fabric tool bags to hard plastic or metal, and they come in all shapes and sizes, from handheld boxes to large immovable cabinets. A tool box or tool chest can hold tools, as the name suggests, or store craft and other hobby or DIY gadgets and gizmos.

When you’re just starting out with at-home projects, you can probably get away with a tool bag or a pre-made combination kit. But as you progress, your tool collection may begin to outpace what a bag or little box can handle. When that happens, it might be time to invest in something larger. 

Advertisement

The thing is, tool chests are designed to be universally useful. They are intended to appeal to the widest possible user base, which means keeping a relatively simple layout. The end result is a tool storage solution that’s pretty useful for almost anyone, but might not be perfectly useful for your purposes. To truly create the perfect tool box for your needs, you might need to make some modifications. These are five unique upgrades to make your tool box ever better.

Advertisement

Magnetic strips

Keeping tools in the drawers of your tool box is a simple way to organize them, but it can still make it tough to find a specific tool when you need it. If there are certain tools that you use more regularly, you can keep them isolated on the outside of your tool chest using a magnetic strip, provided they are made of certain types of metal.

Most common metals have unpaired electrons in their outer shells which generate a magnetic field. When in the presence of a magnet, ferromagnetic metals like iron align their magnetic fields, causing attraction. Basically, most kinds of tool steel will stick securely to magnets (though titanium doesn’t). It’s like an everyday magic trick, courtesy of physics.

To create more storage on the outside of the tool box, you can use the magnetic strip intended for holding knives in the kitchen to hold your favorite wrenches, screwdrivers, and other metal tools. And on a large tool box, you can place multiple magnetic strips and hold more tools or heavier tools. You can find magnetic strips of varying designs to fit your aesthetic style. There are thin rectangular strips and broader squarish magnetic boards. They come in plain metal, wood, or resin, all hiding rare earth magnets inside or behind. There are even strips with a bar underneath which can hold hooks for carrying even more tools.

Advertisement

Wheel and spool holders

Adding an array of pins or hooks to your tool box exterior will add another way for you store a wide range of tools and workshop accessories. There are a couple of ways to do this. 

The low-tech option is to break out the drill. Provided you don’t mind doing a little damage, you can drill small holes into the sides of your tool box and use those holes to hold peg board pins or hooks. Alternatively, you can find magnetic hooks which adhere to your tool box’s metal surface.

Advertisement

Once your pins, pegs, or hooks are in place, you can use them to hang wrenches or hold spools of wire, circular saw blades, and any other lightweight objects with a hole in the middle. Putting a few holes in the sides of your tool box should be safe, just make sure to remove objects from the drawers before drilling and don’t create so many holes that you compromise the strength of the box.

Advertisement

3D printed wrench organizer

A tool chest goes a long way toward storing and organizing your tool collection. You can keep different sorts of tools in different drawers, but unless you incorporate some sort of firm organizational system, you’ll be rifling through a tangled mess of assorted debris before long.

Fortunately, 3D printers have opened up a world of possibilities for customizing everything in our lives, and that includes the workshop. If you’re having trouble keeping your tools organized, you can 3D print (or pay someone else to 3D print) custom tool holders customized for your tool box and tool collection.

These 3D-printed wrench organizers are made by HayslettFabAnd3d on Etsy and custom printed on demand. You can choose any color you like and get the precise number you need for your collection. Each holder securely grips a single wrench and they’re modular so you can string them together in a custom layout to fit your tool box. And when you’re done with wrenches, there are other 3D printed organizers for other types of tools, like this plier organizer.

Advertisement

Triangle corner trays

When you have many tools floating around in your tool box, it can be easy to lose pieces of hardware, drill bits, and other small items in the middle of a job. A 3D printed triangle corner tray can nestle itself in the corner of your tool box drawer and give you a little cubby for holding screws, nuts, fuses, and anything else you want to keep separate and safe while you’re working.

These triangular corner cubbies are made by 4FPrintWorksLab on Etsy. They have a lip around the two outer edges to hang onto the edge of your tool box drawer. They come in many different colors, including glow in the dark, and two different sizes: 8 x 11 inches or 5 x 7 inches.

Advertisement

Each tray is printed on demand and you can even customize them to have a different lip width, depth, and angle, or add your name or company logo. You can mix and match trays on all four corners of each drawer so you never run out of extra storage space for your smallest bits and bobs. The well is deep enough to keep small objects contained while leaving plenty of space in the drawer to store your other tools.

Advertisement

Magnetic funnel holder

For some jobs, it’s nearly impossible to avoid getting greasy hands in the workshop — that’s why it’s called getting your hands dirty. Likewise, it’s difficult not to let that grease and grime spread to the rest of the workshop, getting all over work tables, tool boxes, and tools. A funnel holder and drip collector helps minimize the amount of oil and grease floating around your workspace. When you’re done pouring oil, coolant, or any other common workshop liquid you can put the funnel in the holder instead of putting it on or in your tool box where it will get everything else messy.

A magnetic holder takes advantage of your tool box’s metal construction to adhere to the side. It holds a funnel and allows oil to drip into a plastic bottle. This funnel holder from Generic has a graduated funnel hold which cups your funnel and accommodates funnels of various sizes. The bottom is designed with threads like a bottle cap, so you can attach any standard 20-ounce bottle to collect drippings. There’s also a cap holder, so you can store the soda cap for safe keeping until you’re ready to screw it back on and dispose of your collected drippings.

Advertisement



Source link

Continue Reading

Tech

Aqara U400 review: UWB home key will be hard to beat on other smart locks

Published

on

The newly launched Aqara U400 is the first — and so far only — smart lock with Ultra Wideband Home Key support, and after using it for the past month, I don’t think I can go back.

Black rectangular smart doorbell with a small circular button in the center, mounted on a white door frame next to a window showing a blurred person in plaid clothing
Aqara U400 review: The first UWB smart lock

I firmly believe that smart locks are one of the best smart home devices you can add to your home. Not only do they offer unparalleled convenience of unlocking or locking your home from anywhere, but they also add peace of mind.
If I get in the car to leave my house, I don’t have to fret about whether the door was locked. I can ask Siri if the front door is, in fact, properly secured.
Continue Reading on AppleInsider | Discuss on our Forums

Source link

Continue Reading

Tech

Russia Fully Blocks WhatsApp – Slashdot

Published

on

An anonymous reader shares a report: U.S. messenger app WhatsApp, owned by Meta Platforms, has been completely blocked in Russia for failing to comply with local law, the Kremlin said on Thursday, suggesting Russians turn to a state-backed “national messenger” instead. “Due to Meta’s unwillingness to comply with Russian law, such a decision was indeed taken and implemented,” Kremlin spokesman Dmitry Peskov told reporters, proposing that Russians switch to MAX, Russia’s state-owned messenger.

Source link

Continue Reading

Tech

Paying twice for silicon never caught on, and Intel has finally pulled the plug on it everywhere

Published

on


  • Intel shut down On Demand after customers rejected paying for dormant silicon
  • Archiving SDSi signals the end of hardware features sold as add-ons
  • Cloud buyers refused fees for capabilities already fused into processors

Intel has moved to shut down its pay-as-you-go hardware upgrade effort with little public explanation or formal announcement.

The Software Defined Silicon initiative, later called Intel On Demand, has effectively been abandoned after years of limited visibility and sparse maintenance.

Advertisement

Source link

Continue Reading

Tech

Today’s NYT Mini Crossword Answers for Feb. 13

Published

on

Looking for the most recent Mini Crossword answer? Click here for today’s Mini Crossword hints, as well as our daily answers and hints for The New York Times Wordle, Strands, Connections and Connections: Sports Edition puzzles.


Need some help with today’s Mini Crossword? I found 1-Down tricky — nice one, puzzle creators. Read on for all the answers. And if you could use some hints and guidance for daily solving, check out our Mini Crossword tips.

If you’re looking for today’s Wordle, Connections, Connections: Sports Edition and Strands answers, you can visit CNET’s NYT puzzle hints page.

Advertisement

Read more: Tips and Tricks for Solving The New York Times Mini Crossword

Let’s get to those Mini Crossword clues and answers.

completed-nyt-mini-crossword-puzzle-for-feb-13-2026.png

The completed NYT Mini Crossword puzzle for Feb. 13, 2026.

Advertisement

NYT/Screenshot by CNET

Mini across clues and answers

1A clue: Like flowers that never wilt
Answer: FAKE

5A clue: Italian city that’s hosting part of the 2026 Winter Olympics
Answer: MILAN

6A clue: “Huh, that’s strange …”
Answer: WEIRD

Advertisement

7A clue: Regions
Answer: AREAS

8A clue: Crossword clue, e.g.
Answer: HINT

Mini down clues and answers

1D clue: Guy in a kitchen
Answer: FIERI

2D clue: Visitor from another world
Answer: ALIEN

Advertisement

3D clue: Gold measurement
Answer: KARAT

4D clue: “Don’t tell me how it ___!”
Answer: ENDS

5D clue: Kissing sound
Answer: MWAH

Advertisement

Source link

Continue Reading

Tech

For $1M, you can pay Bryan Johnson (or BryanAI?) to teach you how to live longer

Published

on

It’s the middle of February, and the air is dry. There are fine lines emerging on my forehead, maybe because I don’t moisturize enough, but maybe as a harbinger of something greater: Each day I grow closer to my own death. Soon, I will be 30. I will never be younger than I am right now.

Fintech-founder-turned-longevity-guru Bryan Johnson has an offer that has caught my attention. For the low, low price of $1 million per year, I can pay him to show me the ropes of the “exact protocol” he’s followed for the last five years. He calls the program “Immortals.”

Yes, a guy who has received botox injections in his genitals will teach me how to supposedly reverse the process of aging. Why shouldn’t I believe that Bryan Johnson has uncovered the secrets to living longer than any other human? No, he has not yet proven his capacity to outlive all other humans. He was born in 1977, a year in which many current humans were born.

But why would I doubt the judgment of a guy who fortified his constitution with blood from his teenage son? When have the tech elite ever misled us? Should I also question when Elon Musk says that saving for retirement is irrelevant because AGI will create an economic abundance so great that no one will ever know poverty again?

Advertisement

According to Johnson’s post on X, this exclusive service — only three spots are available! — will include “a dedicated concierge team, BryanAI 24/7, extensive testing, millions of biological data points, continuous tracking, best skin and hair protocols, and access to the best therapies on market.”

I can talk to the AI version of a guy who livestreams himself doing shrooms for “science”? Sign me up!

Except I can’t. Because I do not have $1 million. Those like me will have to settle for buying Johnson’s overpriced olive oil in our pursuit of immortality (it’s peppery and smooth!).

Techcrunch event

Advertisement

Boston, MA
|
June 23, 2026

My emergent forehead wrinkle intensifies with the knowledge that Johnson will likely have an easy time filling up those three $1 million spots. Among the ultrawealthy, longevity has become an increasingly hot pursuit.

Advertisement

John Hering, who has given Musk billions of dollars in backing, co-founded Biograph, which describes itself as a preventative health and diagnostics clinic. Its most premium membership costs $15,000 a year (next to Johnson’s offering, it almost seems like a good deal … almost). A similar startup, Fountain Life, has raised $108 million to fund its “ultimate longevity program,” which charges a $21,500 annual fee. Sure, Johnson’s program is a lot more expensive, but remember, there’s only three spots! And if you’re still not ready to shell out seven figures, well, you can access a vague “supported tier” for $60,000.

There’s nothing wrong with wanting to live a longer, healthier life, but longevity influencers like Johnson take this to an extreme that’s unattainable and (common sense would say) totally unnecessary for the average person.

In his defense, Johnson isn’t trying to proselytize us all into taking 100 pills a day and subsisting largely on boiled vegetables. But he’s also not depriving us of the chance to make him richer in exchange for his “secrets.”

Advertisement

Source link

Continue Reading

Tech

Waymo is asking DoorDash drivers to shut the doors of its self-driving cars

Published

on

It still feels like a technological marvel: Waymo’s autonomous cars are now transporting passengers across six cities. Alas, this driverless future comes with its own set of problems. These vehicles can be rendered inert if a passenger accidentally leaves the door open.

According to a Reddit post, one DoorDash driver discovered this issue when an odd request appeared in their queue. Instead of making a delivery, the driver was offered $6.25 to drive less than one mile to a Waymo vehicle and close its door. After “verified completion,” they would get an extra $5.

“You actually ‘door’ dashed,” one commenter noted.

Image Credits:Reddit (opens in a new window)

It seems too ironic to be real. Waymo vehicles represent technological breakthroughs that once seemed unfathomable. The Alphabet-owned company just raised $16 billion to take its driverless cars international!

But Waymo and DoorDash confirmed to TechCrunch that this Reddit post is legitimate. This is, in fact, a real problem.

Advertisement

“Waymo is currently running a pilot program in Atlanta to enhance its AV fleet efficiency. In the rare event a vehicle door is left ajar, preventing the car from departing, nearby Dashers are notified, allowing Waymo to get its vehicles back on the road quickly,” Waymo and DoorDash said in a joint response. (The door-closing partnership, which began earlier this year, is just one facet of Waymo and DoorDash’s broader relationship. In October, the companies launched an autonomous delivery service in Phoenix, where Waymo vehicles deliver food and groceries to DoorDash customers.)

If a Waymo door is left open, it’s worth it to the company to pay someone to close it — the car cannot complete any more rides if it’s left immobile. Not to mention, an unmoving car could block the flow of traffic.

Techcrunch event

Boston, MA
|
June 23, 2026

Advertisement

This isn’t the first time Waymo has enlisted help with its door troubles. In Los Angeles, Waymo works with Honk, an app that’s like Uber for towing services. According to reports, Honk users in L.A. have been offered up to $24 to close a Waymo door — more than double what Atlanta DoorDash drivers receive.

The company noted that Waymo’s future vehicles will have automated door closures. But for now, gig workers are Waymo’s best bet.

Advertisement

Source link

Continue Reading

Tech

YouTube's bare-minimum app for Apple Vision Pro is better than nothing — hands on

Published

on

There’s a native YouTube app for Apple Vision Pro that’s great for user-uploaded VR180 and 3D 360 content, but 2D video is better watched in Safari or third-party apps.

The Home View on Apple Vision Pro with the Mount Hood environment in the background, the YouTube app prominent in the center of other apps
YouTube has a native app on Apple Vision Pro

When Apple Vision Pro launched in February 2024, there was a host of popular apps missing from it, including YouTube. While many apps still aren’t on the platform or native, including Apple’s, Google has finally brought its app to the platform.
The app itself is straightforward and functions identically to the YouTube app on iPad. There are some spatial components to it, like the floating sidebar and the video controls at the bottom.
Continue Reading on AppleInsider | Discuss on our Forums

Source link

Continue Reading

Tech

Watch NASA’s trailer for imminent crewed launch to ISS

Published

on

NASA is just hours away from its first crewed launch of 2026, and its first since Crew-11 flew to orbit in August last year.

Just ahead of Crew-12’s liftoff, the space agency has released a short trailer (above) for the mission, which will send four astronauts to the International Space Station (ISS). The crew will travel aboard a SpaceX Dragon capsule carried to orbit by a SpaceX Falcon 9 rocket.

NASA astronauts Jessica Meir and Jack Hathaway, ESA (European Space Agency) astronaut Sophie Adenot, and Roscosmos cosmonaut Andrey Fedyaev, are expected to blast off from from Space Launch Complex 40 at Cape Canaveral in Florida at 5:15 a.m. ET on Friday, February 13. If you’re interested in watching a livestream of the event, Digital Trends has all the information you need.

The mission team had been hoping to launch early on Wednesday, but poor weather conditions in the ascent corridor prompted it to push the launch to Thursday. But then another forecast pushed it to Friday. Thankfully, everything is looking good for the launch in just a few hours from now.

Advertisement

“Weather forecasters issued an improved outlook for the launch site conditions, with a 90% chance of acceptable weather at launch time,” NASA said in a post on its website. The team will assess a final forecast at around 10 p.m. ET, a few hours before the crew suits up. Be sure to check NASA’s X account for any last-minute changes to the schedule.

The crew will spend eight months aboard the orbital outpost performing research, technology demonstrations, and maintenance activities, some 250 miles above Earth.

“We do research on the International Space Station because it provides a very unique and novel environment that we cannot replicate here on Earth,” Jessica Meir, on her second mission to the ISS, says in NASA’s trailer. “We’ll be doing a wealth of scientific experiments, ranging from physiology and medical experiments to radiation material science experiments, deploying small satellites, you name it. Really, every aspect of science is represented in the work that we do on the International Space Station.”

Jack Hathaway adds that it’s “important to push the boundaries of what’s possible — if we’re just satisfied with what we have, we’re never going to create the technology to make our lives better.”

Advertisement

Source link

Continue Reading

Tech

Woman’s $134K Solar Nightmare Shows Why You Should Always Read The Contract

Published

on





The future is bright — we mean that quite literally — and it’s on your roof, or at least, it could be. As of 2024, five million Americans had installed solar panels on their homes, and that number is expected to hit ten million by 2030, according to the Solar Energy Industries Association (SEIA). Most people install solar panels hoping to lower their electricity bills, but the upfront costs can be significant, and the average cost of installation is over $30,000. To avoid those initial costs, some people choose to lease the equipment, including the solar panels, and sign a contract to use the system. Whichever path you choose, however, you should always read the contract before you sign your name, and that’s one lesson that a Texas resident learned after receiving a six-figure bill for her solar panel installation.

Local Houston news station KPRC 2 News reported that Frances Holt answered the door to a solar panel salesperson in 2024. She reviewed and electronically signed a 43-page contract on the spot but admits that she didn’t thoroughly read the contract and never received a physical copy. Ultimately, a company called Sunrun installed the solar panels, a process which Holt claims damaged her roof. She then decided not to activate the system, only to receive a bill for $134,097.18, a balance she believes was supposed to have been spread out over 25 years had she activated her account. In the end, Sunrun agreed to remove the equipment at no cost and Holt is off the hook for that massive bill.

Advertisement

States lay groundwork to protect against fraud

The solar company involved in this particular incident, Sunrun, stated to KPRC 2 News that “[w]e regret the difficulties Ms. Holt has experienced and acknowledge that we did not meet our high customer service standards in this case.” It’s not clear if the company intentionally misled Holt or if she simply misunderstood the terms of the agreement, but one thing is obvious — it’s vital that you read the entire contract and understand all the terms and conditions before you enter into any agreement.

KPRC 2 News reports that AARP Texas has detailed a deluge of complaints related to solar panels in recent years, with a more than 500% increase from 2018 to 2023. One challenge for consumers is when contracts are presented only on electronic tablets, which can make them harder to read. Texas recently passed the Residential Solar Retailer Regulatory Act, which gives the state the ability to more closely regulate residential solar sales. It will take effect later in 2026. Other states have passed similar legislation, including Nevada and California.

There are simple steps that consumers can take to protect themselves from any kind of fraudulent contract. First, be prepared to say no to door-to-door salespeople and shut your door if you must! Never sign a contract without thoroughly reading it in its entirety, and research any company before you sign. Look for consumer reviews and complaints and be sure to completely understand both upfront and any continuing costs that may be associated with the product or service. Finally, in the case of solar panels, be sure your roof is suitable for such an installation.

Advertisement



Source link

Advertisement
Continue Reading

Trending

Copyright © 2025