Investing in solar panels for your home is a wise decision that can bring substantial savings on your energy bills. With the federal solar tax credit and other incentives, solar energy is more affordable than ever. However, the growing popularity of solar has also attracted some less-than-reputable characters looking to make a quick profit.
At Ensolar, we’re committed to helping you make informed decisions. Located at 8186 Woodland Center Blvd, Tampa, FL 33614, we specialize in residential solar solutions. Here’s our guide to help you identify solar panel scams and how to find a trustworthy installer.
- If a salesperson’s offer sounds too good to be true, it probably is.
- Be cautious of claims like “free solar panels” or “limited-time offers.” Never feel pressured into signing a long-term contract.
- Reputable solar companies like Ensolar will provide clear information about any programs or incentives they offer.
Red Flags to Look Out For
- Ads Promising Free Solar Panels: If you’ve been browsing social media, you’ve likely come across ads claiming to offer “free solar panels.” While these ads may grab your attention, the reality is that solar panels are rarely ever free. Often, these ads refer to third-party ownership models, where you lease the solar panels or agree to purchase the energy they generate. While the installation may be “free,” you’ll still be paying a monthly fee.
- Special Programs Ending Soon: Some salespeople create a false sense of urgency by claiming that special government incentives are about to expire. The federal solar tax credit, for instance, is available until the end of 2032 and then gradually phases out. Always verify such claims with reliable sources.
- Impersonating Utility Company Representatives: Beware of salespeople who claim to be affiliated with your utility company. Always ask for identification and verify their claims before proceeding.
- Limited-Time Deals: Some salespeople may pressure you to sign a contract immediately to avail of a “limited-time deal.” Take your time to compare quotes from multiple companies, including Ensolar, to make an informed decision.
- Misinformation About Federal Solar Tax Credit: The federal solar tax credit is a non-refundable tax credit, not a rebate or refund. Make sure you understand the terms before making any commitments.
- Overestimating Future Electricity Price Increases: While it’s true that electricity prices are rising, some companies may overestimate these increases to make their offer look more appealing. Always ask for the data behind these estimates.
- Incomplete Quotes: A reputable company will provide a detailed quote, including the model numbers of the solar panels and inverters they plan to use. At Ensolar, we pride ourselves on transparency and will provide all the information you need to make an informed decision.
How to Protect Yourself
- Educate Yourself: Before getting quotes, educate yourself about solar energy. Visit our savings calculator to get an estimate of your potential savings.
- Get Multiple Quotes: Always get quotes from multiple companies and compare them to find the best deal.
- Check Reviews and Certifications: Look for companies with good reviews and certifications from recognized bodies like the North American Board of Certified Energy Practitioners (NABCEP).
- Consult Financial Advisors: Before making any financial commitments, consult with tax professionals and financial advisors to understand your options.
Report Unethical Behavior
If you encounter any scams or unethical behavior, report it to the Federal Trade Commission (FTC) or your state’s attorney general.
While there are many reputable solar companies like Ensolar that offer excellent service and fair pricing, there are also those who are only interested in making a quick buck. We hope this guide helps you make an informed decision and join the millions of satisfied residential solar customers.