Photovoltaic inverter OEM 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.

How do I know if a solar company is a scam?

Be wary of solicitors. Always verify the identity and credentials of anyone claiming to represent a solar company. Unscrupulous solar companies may employ aggressive or dishonest sales tactics to close deals quickly, especially if the proposed solar installation isn’t in your best interest.

How do I avoid being scammed on a solar system?

To avoid being scammed and potentially losing thousands of dollars on a nonexistent or nonoperational solar system, look out for red flags and always do your research before choosing a solar installer.

What is a solar identity theft scam?

Identity theft scams: Fake solar companies or scammers posing as solar representatives may also have you fill out fraudulent solar paperwork, later using your personal information to steal your identity.

Is a solar lease a scam?

Solar lease or power purchase agreement (PPA) scams: Althou gh leasing solar panels or financing using a PPA are not necessarily scams, these contracts are extremely difficult to break and can leave you saddled with an unwanted monthly payment for a solar array you don’t even own.