Years ago it seemed a good idea for the government to subsidise people to install solar panels on the roof of their homes.

After all, it is a sustainable source of electricity and if people aren’t actually using the power their panels generate then it can be fed into the power grid and they can even be paid for that.

Sounds like a win-win.

BUT, the United Kingdom isn’t such a good place for solar panels – the economics aren’t as good as for hot dry climates. We have a temperate climate and the panels can only generate a worthwhile amount of electricity during the short summer months.

Government subsidies and payments made it an attractive proposition for many and companies sprang up installing the panels. The subsidies were subsequently reduced as it was largely pointless and ended up costing the tax payer a lot of money.

Unfortunately many fudged the figures for prospective customers to make them believe it would be a goldmine – but it wasn’t and many found themselves with long term debts and little benefit from the panels.

This problem sounds like the days of Timeshares where many were convinced to buy a timeshare but the costs rose every year and they found timeshares were virtually impossible to sell.

Some people believe they were conned into taking on solar panels and were offered bad financing to pay for it. The scammers have started to respond to this in the same way as they did with Timeshares i.e. by claiming they can help people get their money back.

If you believe you were cheated over installation costs and debts for installation of solar panels, then find a reputable legal company to help you but do not respond to unsolicited emails or adverts from some new company claiming they can get your money back.

Too many are scammers and you will get nothing but grief and more costs.

If you have any experiences with these scams do let me know, by email.