Installing solar panels on your home has obvious benefits; you passively soak up and store power on a sunny day, which lets you draw less from the public grid and save a few bucks on utility bills.
Beyond loan-related scams, other common scamming practices include "creating a fake company and 'selling' solar panel systems without any intention of ever installing them," said MarketWatch.
Six men have been jailed over a £17m fraud involving selling solar panels to elderly, retired and vulnerable people. The 1,500 victims were "manipulated" to buy panels with the promise they would ...
The counterfeit companies were involved in over-invoicing and the import of solar panels. Despite the total declared value of solar panel imports being only Rs119 million according to income tax ...
But before you do, it’s also important to know that increased demand and interest in solar panel installations have led to a rise in scam solar contracts. Here’s more of what you need to know.