4 FAQs about Scam of leasing rooftops to install photovoltaic panels

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.

Is rooftop solar a bad business?

The rooftop solar business is a big source of consumer complaints. Across the country, prosecutors are investigating sales practices and financing arrangements. Now the solar industry is working to repair its reputation.

Are solar panels a scam?

Scammers often advertise “$0 down on owning solar panels” or “solar panels at no cost” but don't disclose that the homeowner won't own the panels. Lease and PPA agreements typically prevent homeowners from benefiting from most federal and state incentive programs and also have hidden fees and unfriendly financial terms.

Why is a solar rooftop lease important?

This is an important concept to protect the solar tenant from downtime caused by the landlord's actions because the solar tenant has obligations to whoever is purchasing the power and to its financing parties and tax equity investors. The risks and rewards of solar rooftop leases are many.

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