About Selling solar power in Vietnam scam
I have a spreadsheet consuming my power usage from solar, and power sold from solar, and it tracks payback at about 9.5 years. People who build smaller systems here or buy cheaper equipment usually get a shorter payback. If there is no way to sell power back to the grid, or no net metering, I think it would be very hard to get a good return period.
I have a spreadsheet consuming my power usage from solar, and power sold from solar, and it tracks payback at about 9.5 years. People who build smaller systems here or buy cheaper equipment usually get a shorter payback. If there is no way to sell power back to the grid, or no net metering, I think it would be very hard to get a good return period.
These scams start with an unexpected phone call, message on social, or even an in-person visit. The so-called official offers you an “energy audit” to reduce your utility costs. Or they might try to sign you up for a “free” program to make your home more energy efficient with solar energy.
People spend money to invest in rooftop solar power, but people can only sell it to EVN for 0 VND, because the management agency is worried about "system insecurity". In the recent Draft Decree, the Ministry of Industry and Trade proposed that people invest in rooftop solar power themselves.
Solar salespeople might try to lure you in with promises of free solar panels and limited-time special deals. In most cases, these are just aggressive sales tactics they'll use to rush you into.
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.
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6 FAQs about [Selling solar power in Vietnam 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 does a solar installation scam work?
How the scam works: People posing as solar installers or utility employees call or come to your home and offer free solar panels through made-up government programs or incentives. Sometimes they also claim their company will cover the cost of installation by providing huge rebates.
Who are the best solar companies in Vietnam?
1. Green Wing Solar Technology 2. Hexagon Peak 3. Inpos 4. PECC2 5. Shire Oak International 6. Sunseap Group Pte Ltd 7. Tekjoy 8. TTCL Vietnam Corporation 9. Vietnam Solar Power Utility Company 10. VSUN Solar GetSolar: Who Are We? 1. Green Wing Solar Technology
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 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.
How do I know if a solar contract is a scam?
Pay attention to warranties, cancellation policies, payment schedules, and try to spot any hidden fees. Honest businesses will give you time to go over the terms of the contract, understand the agreement, and let you sign it in writing. To learn more, visit ftc. gov /solar. And if you spot a scam, tell the FTC.
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