About Home photovoltaic panel scam routine
These scams start with an unexpected phone call, message on social, or even an in-person visit. The so-called official offers you an “energy audit” to reduce your utility costs.
These scams start with an unexpected phone call, message on social, or even an in-person visit. The so-called official offers you an “energy audit” to reduce your utility costs.
Red flags and signs of a solar panel scam1. Ads that say solar panels are free . 2. Claims that there are “special programs ending soon” . 3. Salespeople pretending to be from the utility company . 4. Offers of a “limited-time deal” that goes away if you don’t sign immediately . 5. Misleading information about the federal solar tax credit . 6. Overestimating future increases in electricity prices .
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4 FAQs about [Home photovoltaic panel scam routine]
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
How do I avoid a crappy solar panel deal?
To avoid a crappy solar panel deal, watch out for these scammy sales tactics. Dealing with door-to-door salespeople is annoying, no matter what they're selling. But the solar industry is full of bad actors, with solar salespeople knocking at your door with misleading offers and overpromised savings.
Are homeowners paying for solar panels in a lease or PPA?
In short, free solar panel ads are typically for leases and power purchase agreements (PPAs). These arrangements are basically long-term solar system rentals in which the solar company owns the panels and homeowners pay a monthly fee in lieu of their electricity bill. So, are homeowners technically paying for solar panels in a lease or PPA? No.
Can you get scammed if your roof panels don't work?
In the worst cases, homeowners have been left making payments on overpriced systems that don’t work, with little to no support from the installation company that put the panels on their roof. To avoid getting scammed, you need to know what to look out for and when to walk away.