Massive scam

Doesn’t save you all that much money

You’re on the hook for tens of thousands of dollars

Don’t try selling your home if you still owe money on them. Otherwise you’re gonna have to pay them off, hardy any buyer out there is willing to assume a separate loan on solar

Also, it adds zero value to your home when it comes to selling. No buyer is going to want to pay 10-20k over market value for a home with solar, when they can get one without

This post was edited on 7/14/23 at 12:07 pm

2 ...

Report Post

Posted by fwtex

Member since Nov 2019

1973 posts

Posted on 7/14/23 at 2:51 pm to LoneStarRanger

quote:
Don’t try selling your home if you still owe money on them. Otherwise you’re gonna have to pay them off

I have friends that were the beneficiary of this. The sellers did not disclose they were still paying for the solar panels until the title company brought it up. The seller had to eat $45k from the sales proceeds to pay off the solar panels.

Also, the solar panel contract the sellers paid for includes removal and reinstall at no charge for roof replacement.

Another friend self install solar panels on his barndominium. Not that difficult. It's basically an erector set with plug ins. The connection to the panel box is tricky and not advisable if you are not knowledgeable. He paid about $16k diy for 30 panel set up.

This post was edited on 7/14/23 at 2:56 pm

0 ...

Report Post

Posted by TigerDude

Baton Rouge, LA

Member since Mar 2008

209 posts

Posted on 7/17/23 at 2:22 pm to LoneStarRanger

The part about not getting the value out when you sell is true. We bought a house with them and they are awesome but they were not even considered a positive selling point by the realtor.

0 ...

Report Post

O-T Lounge - Replies to Post

Return To Board

Page 1

Return To Board