How Solar Leases Scam the Homeowner and Solar Contractors Keep the Subsidies
The solar energy rage is all over the media. Radio and television advertisements scream “No money down!” “Turn sunshine into savings.” “Make your electricity meter run backward!”
And the common theme of, “Everyone knows that solar power is better for the environment than fossil fuels,” is bandied about as if it is gospel.
With energy prices climbing rapidly, largely because of severe alternative energy mandates imposed by state and federal governments, consumers across the country are seeking ways to save on utility costs. In doing so, many are unwittingly becoming victims of consumer fraud.
While the consumer is looking for ways to save on energy bills, solar companies found that instead of trying to hard-sell the pricey rooftop solar systems outright, leases were a much more appealing option for the homeowner, with less out-of-pocket investment.… Read More