Scammed

Scammed into getting a loan after installing photovoltaic panels

Perhaps the most financially damaging solar panel scams involve deceptive financing arrangements. The Consumer Financial Protection Bureau found that some residential solar lenders build hidden “ dealer fees ” into loans, often increasing costs by 30% or more above the cash price. These fees are. . Did a salesperson knock on your door and promise free rooftop solar panels at no cost to you? Or say you'll never have to pay another electricity bill because government programs, grants, or rebates cover your solar installation? It's likely a scam. For example, if you take out a loan for. . [PDF Version]