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6 FAQs about [Solar Photovoltaic Panel Scam Case]
Is going solar a scam?
It’s likely a scam. While there are some government-funded solar programs for households that qualify, “going solar” isn’t free. Honest businesses will tell you exactly how much it’ll cost to get and install solar panels. Here’s how to steer clear of the scams: Do some research.
Are solar companies a bait and switch scam?
This is essentially a classic bait and switch scam. A solar company uses the premise of getting 30% off solar to get homeowners to sign a lease or PPA, and then collects it for themselves. In extreme cases, solar scammers may even pose as utility or government officials trying to promote a new or unique solar program in your area.
How do I know if a solar contract is a scam?
Pay attention to warranties, cancellation policies, payment schedules, and try to spot any hidden fees. Honest businesses will give you time to go over the terms of the contract, understand the agreement, and let you sign it in writing. To learn more, visit ftc. gov /solar. And if you spot a scam, tell the FTC.
Are customer complaints a problem in the solar industry?
Customer complaints against the country’s residential rooftop solar industry have increased dramatically in recent years. One-star ratings on Solar Reviews increased more than 1,000% since 2018. Across the country, prosecutors are investigating high-pressure sales tactics and misleading financing arrangements.
Are solar leases and PPAs a scam?
No, not all leases and PPAs are scams. However, they seem to be a breeding ground for deceptive and predatory practices, including the old “government is paying people to go solar” scam. Related reading: Solar Leases vs. Solar Loans vs. Solar PPAs
Does rooftop solar have a fraud problem?
Rooftop solar has a fraud problem. The industry is working to build back trust A crew installs a solar array on the roof of a home in Frankfort, Ky., in 2023. PHILADELPHIA — The solar power industry is booming and that growth helps the world meet its climate goals by replacing fossil fuels.