Solar Photovoltaic Power Generation Franchise Scam

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.

How many complaints have been filed with BBB about solar energy companies?

People filed roughly 13,000 complaints with BBB last year about solar energy companies including contractors, equipment dealers and installers. The St. Louis Consumer Fraud Task Force warned about misleading solar sales last year. Remember: Well-intentioned companies will give you time to consider their offer.

How do you identify a solar panel company to avoid scams?

These tactics may include persistent calls, scare tactics, door-to-door visits, or making unfounded claims about solar benefits. Companies employing such methods prioritize sales over delivering quality service. These are the red flags to identify solar panel companies to avoid scams. Also See: Do You Still Have an Electric Bill With Solar Panels?

Should you choose a reputable solar energy company?

When temperatures rise, utility costs do, too. While reputable companies can help you save money with clean or solar energy improvements, scammers offer more than they can deliver.

What are the most common solar scams?

Here are some common scams to be aware of: 1. Fake Solar Companies Some scammers create fake solar companies, selling solar panel systems without any intention of installing them. They may ask for a big upfront payment and then vanish without doing any work. 2. Identity Theft Scams

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.