Don’t Be Fooled: Common Solar Panel Scams Targeting Odessa, Texas Residents
City officials in Odessa are warning residents of increased scams related to the purchase of solar panels.
According to a Facebook post from the City of Odessa, the Odessa Police Department has received multiple calls about these scams, and residents are urged to remain vigilant against this new threat.
What Do Odessa Residents Need to Know About Solar Panel Scams?
Using common sense is the best course of action. Never share your personal or banking information with a stranger, especially over the phone.
What Are Common Solar Panel Scams in Texas?
The City of Odessa notes that many scammers offer misleading solar panel leasing agreements which have a detrimental impact on the lessee, as leased panels are not eligible for rebates from the state or federal government.
Another red flag?
" A sales representative who offers free or low-cost installation “for a limited time” and pressures you to decide quickly is likely a scammer," city officials stated.
Are All Leased Solar Panels a Scam in Texas?
Not necessarily-- leasing solar panels can be helpful for those who struggle with the upfront installation costs. It is important to note, however, that most legitimate solar panel leases include installation costs covered by the company and NOT the consumer.
What's the Best Rule of Thumb for Avoiding Solar Panel Scams in Texas?
Simply put by the City of Odessa: "Beware of leases and other agreements that seem too good to be true."
Get more information on how to avoid getting targeted in a solar panel scam from Forbes here.
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