An increasing number of people are interested in learning more about PV solar energy and discovering how much money it may save them. Unfortunately, many scammers are well aware of this and have evolved methods that may convert homeowners’ hopes of domestic solar power into headaches.
Most buyers have no prior experience with photovoltaic (PV) solar systems, unlike when purchasing a car or a home. As a result, distinguishing a respectable solar company from a scammer can be difficult, and scammers can take numerous shapes. Some salespeople are charming when comes to the door. Some people make a deluge of phone calls, emails, and letters.
Switching to PV solar can save customers money on their electricity and lower their carbon footprint when done correctly. It is not difficult to avoid solar power scams and get these benefits, but it does necessitate care.
Solar Panel Sales Fraud Warning Signs
- Unexpectedly, your doorbell rings, or an eager salesman approaches you in your yard.
- He may claim that he spoke with your neighbor about solar and that he heard you would be interested as well.
- The salesman may claim to be from your electric provider or the local government. So he has to inspect your roof, circuit box, or another area of your home to see if you are eligible for a special rebate, tax credit, or program.
- He may try to persuade you to make a hasty decision by stating that the tax credits or refunds are about to expire.
- He may offer you monetary incentives just to see whether you qualify, and he may ask for a blank check to deposit your incentive into your account.
- Finally, he’ll have you sign on his iPad or tablet to verify your qualifications.
How to protect yourself from scammers
Don’t sign anything right away
Scammers are experts in the hard sale, so don’t sign anything right away. They must get you to sign their contract anyway. Don’t let them manipulate you. Before you sign anything, make sure you’ve done your inquiry on at least three solar businesses. Investigate rates and ask questions regarding features, installation expenses, and payment options. If an offer appears to be too good to be true, it is the best one.
Never start without a contract
While some scammers force you to sign a contract right away, others pressurize you to begin work without signing any legal documentation. A good business will insist on a contract and will explain what it entails to you. Also, don’t confuse a free estimate which many reputable solar firms will offer with a binding contract. Some dishonest businesses will give you an estimate and treat it as a contract. Any deal you sign should be straightforward for further references.
Look into the company’s history first, while making a contract. Search, how long has the company been in operation? Is there a physical address in addition to a website or phone number? Contact the customers who have had installations done by that company. A simple online search can sometimes yield useful information, and the company you choose should have more positive ratings. Finally, contact your state or local consumer protection organizations for more details.
Look for warranties that are contractually supported
A trustworthy company is willing to sign a legally enforceable warranty. However, check the warranty carefully to ensure that it covers what the company claims. Do your research and ask for recommendations once more.
Don’t be influenced by a single method of financing
PV solar can be purchased, financed with a loan, or leased. Each one has advantages and disadvantages. A trustworthy business will be able to provide a variety of financing choices and explain them clearly. Make sure the sort of financing you chose is appropriate for your financial condition and will not harm you in the long run. Scams involving solar panels can also be found in the form of “free” solar panels. The panels are free, but they come with financing arrangements that may be detrimental to you.
Investigate any applicable tax incentives
Installing PV solar can result in significant tax savings from both the state and federal governments. Scammers frequently distort or even lie about the size of those benefits. A reputable solar firm can simply point you to websites or government bodies that provide correct information.
We hope that this article is useful to anyone looking to protect themselves against solar scams. Wattz, the top residential solar panel installer, has previously completed many projects for various residences in Dubai. So, if you’re looking for green energy options, call us today to schedule an appointment.