"We've identified several hundred victims of the scheme. We think there might be more out there. The suit seeks the return of the homeowners' money, but some may be locked into installation loans and are now unsure if those will get cancelled."
"Southern exposure is where we get the most sunlight, and I point out that he's setting up the panels in the wrong direction. It really got me upset. Other homeowners reported roof damage, leaking and unauthorized drilling by the installers."
"Many buyers finance their solar panels with loans - often counting on a federal tax credit to offset part of the upfront cost - and expect to see years of lower energy bills. But that equation can fall apart quickly if the installer turns out to be unlicensed, inexperienced or outright fraudulent."
New York City's Department of Consumer and Worker Protection filed a lawsuit against Radiant Solar, a local solar installation company accused of defrauding hundreds of homeowners. Customers who purchased solar panels from the company did not receive the promised energy savings. Issues included panels installed facing the wrong direction, roof damage, leaking, and unauthorized drilling. Homeowners financed purchases expecting federal tax credits to offset costs and anticipated years of lower utility bills, but the promised savings never materialized. The company claims commitment to quality service and transparent pricing, though it is no longer operating. Some customers remain locked into installation loans with uncertain cancellation prospects.
Read at Moneywise
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