History of Solar Panel Mis-selling
Solar panel companies have been mis-selling the benefits of solar panels, having consumers believe that it was a way to save money on their electricity bills and earn money on their investment at the time by selling electricity back to the National Grid for a guaranteed amount, this is what is known as a “feeding tariff”.
Many companies misled their customers into believing that they would make these savings and make money however, these claims have proven to be, in many cases grossly exaggerated.
Many of the solar panel installations were purchased using loan finance or credit, leaving their customers with expensive monthly loan payments with no way of covering the cost of the installation and the purchase of the solar panels.
Following an investigation by the consumer group Which? In 2011, it was discovered that 9/12 companies selling solar panels gave inaccurate estimates about how much energy they would actually produce, and 7 out of 12 failed to survey the panel installation correctly leaving the panels in a shaded area which affected the panels ability to produce the promised amount of electricity.
This along with the aggressive nature in which the solar panels were sold as left many consumers in debt and having to repay substantial loans and finance.
Contact us if the sales process of your solar panels involved any of the following:
- misleading information as to the amount of money you were told you would make selling the electricity generated from your solar panels back to the National Grid
- if you consider that the installation of your solar panels was incorrect and laid to solar panels not generating the electricity you were promised at the point of sale
Even if the company who sold the system is no longer around, we may be able to recover:
- The money you have paid to date for the system.
- Recover interest on those sums.
- Write off your future payments under any finance agreement.