Posts Tagged ‘free solar panels’

Why free Solar Panels are a bad idea

So you have read the hype, heard the offers on the radio and seen the adverts on the TV of companies offering free Solar Panels. You may be thinking to yourself…free solar panels, why not? The simple answer is don’t!

As the old saying goes “if something is too good to be true…it probably is…”

Reasons not to get involved in “Free Solar Panel” offers

  • Are the Solar Panels really free? Yes they are! Companies are offering to pay you to have Solar Panels fitted on your roof which in turn enables them to reap the rewards of the governments Feed-in Tariff rather than you.
  • By agreeing to a free solar panel scheme you will find it difficult to sell your home in the future as another company contractually owns your roof for a minimum of 25 years.
  • The companies offering this sort of deal will tell you that you can save money on your electricity bill. This is only true if you are at home a majority of the time during the day as electricity produced this way cannot be stored and is therefore fed back into the grid making yet more money for the company who installed the Solar Panels.

If you are thinking about getting Solar Panels installed on your roof make the investment yourself and receive the feed in tariff rewards yourself.