Floor-mounted solar power generation scam

Tags: Floormounted Solar Power

4 FAQs about Floor-mounted solar power generation scam

What is a solar energy scam?

The scams vary, but here's the gist: someone claiming to be with the government or your utility company promises big savings on your utility bills from solar energy or other home improvements designed to increase energy efficiency. If you agree to the scammer's offer, it could cost you tens of thousands of dollars.

Are solar energy installation scams on the rise?

Costly solar energy installation scams are on the rise. Here's what to look out for FILE - Newly-installed solar energy panels hang on the exterior of a residential house. (Photo by Sean Gallup/Getty Images) SEATTLE — Scammers across the U.S. are going door-to-door, pitching “free” solar energy systems.

Are free solar panels a scam?

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. Or check out the Department of Treasury's guidance on clean energy.

Are solar scams more sophisticated than other contract frauds?

Solar scams tend to be more sophisticated than other contract fraud because they involve costly and complex financing for the project. Victims often sign multi-page digital contracts on computer tablets without getting a chance to read the full terms. “Most people have no clue as to what they're signing,” NACA's Rheingold told Checkbook.

How to avoid getting burned by solar or clean energy scams

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. The
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