Are solar panels a scam?

That is, of course, also a scam. To protect yourself from clean energy scams: 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.

How do you know if a solar system is a scam?

Ask for a list of satisfied customers and look at customer reviews online. Know that the government won’t offer you free solar. The federal government does not install residential solar panels for free; if someone is claiming otherwise, it’s probably a scam. If it seems too good to be true, it probably is.

What should I do if a solar business is a scam?

Protect your personal information. Don’t respond to unexpected requests online or on social media for your name, address, or other personal information to “see if you qualify.” At best, this is someone generating leads to sell, not actual solar businesses. At worst, they’re scammers trying to steal your identity.

Are solar loans a scam?

State investigations found unscrupulous solar lenders added a 10–30 percent fee to loans and increased monthly payments if consumers didn’t turn over their tax savings to the lender. Report scams. Report energy scams to the FBI’s Internet Crime Complaint Center, IC3.gov.

Are solar salespeople a scam?

In May, the Nevada State Contractors Board started a solar investigations unit. But the scams continue. The sales pitch often starts with a solar salesperson knocking on the front door, calling on the phone or connecting on social media. Some scammers may say they’re consultants from your power company, utilities warn.

Are solar business leads a scam?

At best, this is someone generating leads to sell, not actual solar businesses. At worst, they’re scammers trying to steal your identity. If you spot a scam, tell the Federal Trade Commission at ReportFraud.ftc.gov.