However, as the solar industry grows and more companies compete for business, you might notice an uptick in misleading solar advertisements or sales practices — or even outright scams.
Various practices have come to our attention.
Solar energy pyramid schemes offering huge profits are being marketed to the general public to purchase "shares" in rooftop installations. They can normally be detected simply by doing the maths of what is being offered compared to actual electricity pricing.
Pyramid schemes are so named because they resemble a pyramid structure, starting with a single point on top, that becomes progressively wider toward the bottom.
Solar financing scams are also becoming rife. Bogus financiers will offer loans for solar installations insisting on a upfront payment for admin and legal fees. These "loans" will then be declined for various reasons.
The golden rules are always apparent.
Modern internet search technologies exist where these bogus companies can be verified.
If it appears to be too attractive, it normally is.
Our association will gladly attempt to confirm the validity of offers received by our members and their clients.