About Solar power generation five-year payback scam
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6 FAQs about [Solar power generation five-year payback scam]
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 is the average solar payback period for EnergySage customers?
The average solar payback period for EnergySage customers is under eight years. Here's what you need to know about how long it's likely to take you to break even on your solar energy investment. Your solar payback period is the time it takes to break even on your initial solar investment.
Should you choose a reputable solar energy company?
When temperatures rise, utility costs do, too. While reputable companies can help you save money with clean or solar energy improvements, scammers offer more than they can deliver.
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.
How many complaints have been filed with BBB about solar energy companies?
People filed roughly 13,000 complaints with BBB last year about solar energy companies including contractors, equipment dealers and installers. The St. Louis Consumer Fraud Task Force warned about misleading solar sales last year. Remember: Well-intentioned companies will give you time to consider their offer.
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