The latest scam in solar photovoltaic power generation

Tags: Latest Scam Solar

4 FAQs about The latest scam in solar photovoltaic power generation

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 energy installation scams on the rise?

Costly solar energy installation scams are on the rise. Here's what to look out for FILE - Newly-installed solar energy panels hang on the exterior of a residential house. (Photo by Sean Gallup/Getty Images) SEATTLE — Scammers across the U.S. are going door-to-door, pitching “free” solar energy systems.

Are solar scams more sophisticated than other contract frauds?

Solar scams tend to be more sophisticated than other contract fraud because they involve costly and complex financing for the project. Victims often sign multi-page digital contracts on computer tablets without getting a chance to read the full terms. “Most people have no clue as to what they're signing,” NACA's Rheingold told Checkbook.

How do I report a solar panel scam?

If you suspect you've fallen victim to a solar panel scam, report it to the Federal Trade Commission (FTC) and your state's consumer protection agency. You should also file a complaint with the Better Business Bureau (BBB) and inform your family and friends.

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Do you really need a solar panel health check, new inverter, or to upgrade your solar PV system to the latest spec? Here are the cold calls and potential scams to avoid.
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