Consumer protection and law enforcement agencies across the country are warning consumers about a new scam for free solar panels for homeowners. While installing solar panels usually offers more tax benefits, any company that promises free or very cheap solar panels could be part of a big scam.
Reports of this fraud have varied. Some homeowners reported that a salesperson rang the doorbell, while others received calls, emails or messages promising to install solar panels for free or at very low cost. After the first contact, the seller will confirm the need to install the solar panels as soon as possible, so as not to lose the contract.
Some scammers asked them to pay off their property before starting the project, claiming that all the money they borrowed would be repaid by a non-existent government agency until the installation was complete.
Other scammers will ask homeowners to provide all of their personal information: bank accounts, social security numbers, etc. Get prior approval before starting the project. They can then use this information for other frauds, which puts consumers in a difficult position.
In any case, it is dangerous for homeowners. For those who pay scammers upfront, it is difficult, if not impossible, to get this money back. Where giving out all of your personal information to scammers could be an enticement for future fraud or identity theft.
Research is key
The main takeaway from these solar fraud reports is that homeowners need to do a lot of research, even if they are considering installing solar panels. Research businesses in your area, read reviews, and make decisions based on this research, not on vendor recommendations or potentially dangerous phone calls or emails.
It is also important for homeowners to have a variety of suggestions when considering solar panels for their home. The first company you contact may not always be the best.
To avoid scams, learn more about solar panel costs in your area, and make sure you get the best deal, contact a few different companies for quotes.
The Consumer Affairs research team has worked hard to identify some of the best solar energy companies for you based on consumer reviews.
Experts urge consumers not to be intimidated by scare tactics often used by sellers. Often with scammers, scammers try to get their victims to do something immediately by promoting a discount or a quick deal.
When it comes to making big decisions for your home, rushing into it can be counterproductive, especially when it comes to scammers.
