11 JUN

The Problem With Renewables Mis-Selling and Why Its Important

Renewable energy is the future of the world. Not only is it considered a technological advancement, but it’s also one that can positively impact the world as we know it. Through the efforts spent creating sources of renewable energy, we can now dream for a cleaner and greener future.

While the obvious impact of renewables is evident, its use is still not as widespread as many would hope. Unfortunately, the technology to utilize this is a significant investment on the side of the consumers. Although the use of solar photovoltaics, storage, and heat pumps are quite easy, the trouble lies in its marketing—particularly due to the mis-selling of products.

 

The Trouble of Mis-selling Renewables

The goal of a salesperson is to sell a product, and that doesn’t change when it comes to the sale of renewables. The problem with that mindset, however, is when you’re selling particularly technical products without any background information on how it works. This potentially leads to the issue of mis-sold products.

Misinforming a consumer about how renewables work can push them to file a claim for mis-sold goods. While this might not directly affect a sales-person, this can push financial investors to back-out in helping the spread of renewables—much like the case in 2015.

This made renewables more inaccessible to the common consumer, as funding was made more difficult to purchase them. Beyond that, however, it placed a poor brand perception on renewables, as they were then thought to be expensive, troublesome, and not fulfilling its intended purpose.

 

The Common Premises of Mis-sold Product Claims

Any basic misinformation or misappropriation can push for a claim for mis-sold goods. Through proper education and expectation-setting, renewables can then avoid being mis-sold. To help in this regard, here are among some fo the more basic misconceptions that lead to mis-sold goods claims.

 

For solar panels

Solar panels gather energy from the sun, which inevitably pushed a lot of consumers to be sold on the idea of “free electricity.” While marketers capitalized on this, this leads to some misconceptions as to how the solar panels actually worked—thus producing a lot of complaints about still having minor costs on their power bills.

Another basic issue with mis-sold solar panels is the power computations. Promises about power-saving capabilities entail a lot of math—which is why simply saying random numbers can lead to misinformation when someone actually computes them.

For storage

The trouble with solar panels lies in the evenings when there’s no more sun. It is with that in mind that purchasing energy storage units for your solar-panel electric system actually comes in handy. Despite the cost, it makes it a worthy investment for those who want to live more eco-friendly lives.

The problem with this, however, is that as a separate product, it is often mis-sold. Claims for misinformation on how it’s used is quite common, particularly when it comes to utilizing the storage during power outages—which are actually separate packages entirely.

 

The Bottom Line

Although renewable energy is known to be highly beneficial, misselling these products can hamper the public’s access to it. It is only with proper knowledge of the products that these implements can be sold properly, thus creating a better understanding with consumers on how their purchased products will work.

If you think you have been mis-sold solar panels in the UK, then make a claim for it today! At Consumer Reclaim, we give you the potential refund you deserve for the services that should have been rendered properly in the first place!

BARCLAYS, SHAWBROOK, CREATION FINANCE and other lenders customers’ entitled to refunds, loan reductions and loan write offs.

Were you given False Promises?

Were you promised a tax free income with reduced energy bills and improved energy performance?

Had False Expectations?

Were you given false expectations & persuaded to sign to a company’s own finance scheme in the belief that the financial returns would cover all of the finance costs and still provide a financial return on top?

Disappointing Results?

Have the financial returns barely paid your monthly loan payments? Can you now see no real benefit in the system?

You could be entitled to compensation

  • Step1 Apply now by completing our simple online form. The more details you share the better.
  • Step2 A member of our expert claims staff will discuss your application & eligibility.
  • Step3 Our expert team will establish the full value of your claim and process the next steps.
  • Step4 Your claim is processed on a No win, No fee basis.You will not be liable for any costs if we don’t get you a reduction.

 

Apply Now

Alternatively, if you have any questions or are unsure what to do next then please either call 0161 348 7670 or email us on info@consumer-reclaim.co.uk

Consumer Reclaim Ltd is regulated by the Financial Conduct Authority in respect of regulated claims management activities (temporary permission), reference number: 835212. Registration is recorded at: https://register.fca.org.uk. Consumer Reclaim Ltd is registered in England and Wales, Company Registration number: 07223077. Information Commissioner Office number: ZA176000. VAT number: 144 4752 12