People who bought solar panel loans were promised that the savings on their energy bills would offset the price of the loan repayments, making the panels “better than free.” In reality, these people pay up to £1,000 a year out of pocket, on top of their energy costs (which did not decrease significantly). The Financial…
As with many sales out there, you will always find that one salesperson who makes offers to look so much better than they actually are. However, when it comes to solar PV systems, these “offers” can end up being straight-up scams. For example, they might be offering what seems to be a fantastic benefit—however, this…
Over the years, did you know that more than 2,000 complaints have been filed to the Financial Services Ombudsman for mis-sold loans of solar panel systems? This is primarily because many households in the UK claimed that the installed solar panel systems they’ve loaned wouldn’t deliver the expected financial returns as earlier as promised. In…
