Yes there are legitimate installers that will put free solar panels for your home.
Companies offering free solar panels.
Well our inside solar consultant amy took a call from one of these companies out of curiosity.
Free solar panel installation finding and financing solar power for next to nothing tapping into the sun s free energy isn t cheap.
Here s what happened next.
Yes the solar panels will be installed on your home for no money down but you will have to pay the leasing company every month to lease the panels and those leases typically last 20 years.
Upon answering the phone the telemarketer said.
It is part of home improvement fraud and is doing its rounds again.
Solar panel installations scam.
Ever seen a solar company promote an offer for free solar panels the offer sounds too good to be true and unfortunately it is.
With a solar lease or solar ppa you do not own the solar panels on your roof instead you make monthly payments to a solar company for the energy the panels produce free solar panels are not a scam however you get lower long term savings with solar leases and solar ppas than you do with other solar financing options.
Use solar energy to power your home and reduce your dependence on the grid.
I am offering free solar panels are you interested.
She asked the.
It requires a significant up front investment in equipment and expertise to install your system upgrade your circuit box for a grid tie in or establish a battery back up system.
I first mentioned this proposition known formally as a power purchase agreement two years ago.
It sounds too good to be true.
How it works with video below solar panel installations and fake products.
In general any company that says they ll install free solar panels on your roof is actually offering a solar lease.
In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system.
Now amy wanted to experiment with the caller and see if she could get any more information.
A company such as sunrun or.
Our step by step guide gives you tools to understand solar and maximize your savings.
This year one of the biggest scams around is the solar power system or solar panels for your home scam.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.