4 FAQs about The new solar power scam revealed

Are solar panels a scam?

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.

Are solar energy installation scams on the rise?

Costly solar energy installation scams are on the rise. Here's what to look out for FILE - Newly-installed solar energy panels hang on the exterior of a residential house. (Photo by Sean Gallup/Getty Images) SEATTLE — Scammers across the U.S. are going door-to-door, pitching “free” solar energy systems.

Is the solar industry a scam?

The solar industry's explosive growth has created real opportunities for homeowners to save money and reduce their carbon footprint. But it's also attracted scammers who prey on people's desire to do the right thing for their wallet and the planet.

Are solar scams more sophisticated than other contract frauds?

Solar scams tend to be more sophisticated than other contract fraud because they involve costly and complex financing for the project. Victims often sign multi-page digital contracts on computer tablets without getting a chance to read the full terms. “Most people have no clue as to what they're signing,” NACA's Rheingold told Checkbook.

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