How to avoid solar panel installation fraud? Be sure to keep these things in mind

How to Avoid Solar Panel Installation Fraud?

As electricity costs soar, many individuals are turning to solar panels for energy solutions. However, this trend has also led to an increase in fraud cases, where deceptive schemes promise significant discounts on installations, ultimately resulting in substantial financial losses.

Recently, a farmer lost over ₹1 lakh after falling victim to such a scam. Fraudsters lure victims with enticing offers, demanding payments ranging from thousands to lakhs, and leaving many in financial distress. To protect yourself, it is essential to be informed about the potential pitfalls of solar panel installations.

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A case in Faridabad involved a farmer who was misled into paying ₹1.8 lakh for a supposedly discounted solar water pump installation. After several payments, he grew suspicious when an additional demand for ₹10,000 emerged. Following this, he reported the incident to the cybercrime police.

How to Avoid Solar Panel Rebate Scams?

To steer clear of scams, avoid companies offering solar panels at prices significantly below market rates. Always verify the company’s credibility before investing. Opt for certified installers and explore government schemes like the PM Solar Home scheme for subsidies to make installations more affordable.