NYC sues solar panel company accused of defrauding hundreds — promised $0 electric bills. How to spot a solar scam
Yahoo Finance·2026-03-14 11:00

Core Insights - Solar panels are increasingly popular among American homeowners aiming to reduce carbon footprints and lower utility bills [1] - Financing through loans is common, with expectations of federal tax credits to mitigate upfront costs, but issues arise with unlicensed or fraudulent installers [1] Group 1: Legal Action - New York City has filed a lawsuit against Radiant Solar, alleging the company defrauded numerous homeowners in the solar installation market [2] - The Department of Consumer and Worker Protection (DCWP) identified several hundred victims of Radiant Solar's practices, with indications that more may exist [3] Group 2: Customer Experiences - Former customers report that promised savings from solar installations did not materialize, leading to continued high utility bills alongside installation loan payments [5] - Complaints include improper installation, such as panels facing the wrong direction, and issues like roof damage and unauthorized drilling [4]

NYC sues solar panel company accused of defrauding hundreds — promised $0 electric bills. How to spot a solar scam - Reportify