The Consumer Financial Protection Bureau recently warned solar customers about hidden fees and deceptive statements about the financial benefits of solar. Rooftop solar has a fraud problem.
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Despite being a leading clean energy technology, there is still a lot of mystery surrounding installing home solar panels.There are several benefits to getting solar panels for your home,
The "Rooftop Solar PV Power Generation Project" provides electricity consumers with long-term debt financing for installation of rooftop solar photovoltaic power generation systems in Sri
Utility-scale solar installations are now cheaper than all other forms of power generation in many parts of the world and will continue to replace older, dirtier power plants that run on coal and natural gas. according to a 2022 report
Solar fraud, a deceptive practice in the solar industry, threatens consumers seeking eco-friendly energy solutions. Some contractors and financiers, driven by dishonest motives, may entice
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,
Be aware of solar energy scams – everything from scammers pretending to be affiliated with the government or utility company to businesses misrepresenting the cost of improvements, savings, and financing options.
To examine the changing value of solar power, Brown and his colleague Francis M. O''Sullivan, the senior vice president of strategy at Ørsted Onshore North America and a senior lecturer at the MIT Sloan School of
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
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.
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. Take your time.
Across the country, prosecutors are investigating high-pressure sales tactics and misleading financing arrangements. Some customers say they were victims of fraud and forgery. The Consumer Financial Protection Bureau recently warned solar customers about hidden fees and deceptive statements about the financial benefits of solar.
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.
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.
If your company offers solar energy, remember that claims must not only be truthful, but also comply with established consumer protection laws, including the FTC Act and the FTC’s new Impersonation Rule. Be truthful. Every clean energy company has a responsibility to be honest and upfront with consumers. Be transparent about what you’re offering.
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