Is selling photovoltaic panels a scam

Are free solar panels a scam?

Know that “free” or “no cost” solar panel offers are scams. The federal government does not install solar systems in homes for free. If you’re considering whether solar energy is right for you, check out the Department of Energy’s guide for homeowners and learn more. Or check out the Department of Treasury’s guidance on clean energy.

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.

What are the most common solar panel scams?

Here are some common solar panel scams to look out for. Fake solar companies: Perhaps one of the most common solar scams involves creating a fake company and “selling” solar panel systems without any intention of ever installing them. These fake companies may request a large upfront deposit and then disappear before ever completing any work.

Is residential solar a scam?

When done right, going solar can substantially reduce your carbon footprint and your energy costs. However, this rare double-whammy of benefits also makes the residential solar industry ripe for scams.

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

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.