Photovoltaic panel insurance fraud

Are solar panels a scam?

Here’s how to steer clear of the scams: Do some research. Avoid solar companies that say a government program will cover the whole cost of solar panels — or say they’re from (or affiliated with) the government. These are lies. If you’re looking at solar energy for your home, get quotes from reputable providers with a valid license.

Is solar panel fraud a global issue?

And while the aforementioned data focuses on the United States, solar panel fraud is a global issue. It is especially prevalent in Canada, where in the city of Calgary alone, the amount of applications for rooftop solar panels "has increased by nearly 600% since 2020," said the CBC.

Are rooftop solar panels a scam?

While rooftop solar panels are becoming increasingly ubiquitous in homes throughout the United States, the industry also has a more sinister side: a seemingly widespread problem of fraudulent business practices that has cast a shadow over many solar panel companies.

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.