Solar energy has become a popular choice for homeowners looking to cut costs and help the planet. With promises of lower electricity bills and government rebates, it’s no surprise that more people are switching to solar. But with this boom comes a darker side—solar panel financing fraud. Many people are being misled into unfair contracts, hidden fees, or services that were never delivered at all.
This type of fraud can leave victims with major financial stress, damaged credit, and a roof full of panels that don’t work. It’s a serious issue, and it’s happening more often than many realize. In such cases, knowing your rights and how a solar panel financing fraud lawyer can help is critical. These professionals know the tricks used by shady salespeople and companies, and they can guide you through the legal steps to recover your losses.
What Is Solar Panel Financing Fraud?
Solar panel financing fraud happens when a company or agent tricks a homeowner into signing a solar contract using false information. This can include lying about savings, hiding fees, or locking you into long-term loans with high interest rates. Sometimes, people sign contracts they never agreed to or are pressured into quick decisions without proper paperwork.
Some victims are told the system is “free” or “government-backed,” only to discover they’ve taken out a loan. In other cases, panels are installed but never activated or connected to the grid. This kind of fraud leaves homeowners paying for something that doesn’t work.
Signs You Might Be a Victim
Not sure if you’ve been scammed? Here are a few warning signs:
- You never received a full copy of your contract
- Your utility bill hasn’t gone down after the installation
- You were told there would be no payments, but charges started
- You can’t contact the solar company anymore
- You were promised rebates or tax credits that never came
If any of these sound familiar, don’t ignore them. You may be entitled to legal help.
Legal Options You Can Explore
Victims of solar panel financing fraud do have options. Here are a few possible legal steps:
- File a complaint
You can start by reporting the fraud to the Federal Trade Commission (FTC) or your state’s attorney general. This helps put pressure on the company and may lead to broader investigations.
- Consider a civil lawsuit
If you’ve suffered financially or emotionally, you might be able to sue the company. A lawyer can help you claim compensation for fraud, misrepresentation, or breach of contract.
- Review your loan agreement
In many cases, victims are signed up for third-party loans. If the loan was based on false promises, you may be able to cancel it. An attorney can help review the terms and fight for cancellation or changes.
- Seek class-action options
If the same company has scammed multiple people, a class-action lawsuit may be possible. This allows a group of victims to come together and take legal action as one.
How a Lawyer Can Help You
A lawyer who understands solar panel financing fraud can:
- Review your contract for illegal terms
- Collect evidence like texts, emails, or sales documents
- Negotiate with lenders or solar companies
- File lawsuits on your behalf
- Help you get compensation or cancel the agreement
Most importantly, they’ll walk you through each step and explain everything in clear language. You won’t have to face the process alone.
Don’t Let the Scam Win
If you’ve been cheated, know that you’re not alone—and you’re not powerless. Solar panel financing fraud is a growing problem, but the law is on your side. With the right help, you can fight back, get justice, and move on with peace of mind.
If something feels off about your solar deal, don’t wait. Reach out for legal guidance and take the first step toward protecting your home and your money.
