I-Team: Hidden Cost Of Solar Panels

I-Team: Hidden Cost Of Solar Panels


THE RIDE BROKE DOWN BEFORE THE DROP OFF. RESCUERS HAD TO HELP EACH OFF THE RIDE. AN INVESTIGATION INTO THE SOLAR PANELS. THERE COULD BE SURPRISING FINANCIAL STRINGS ATTACHED. WBZ’S RYAN KATH EXPLAINS IT COULD LEAVE HOMEOWNERS FEELING BURNED. JUST PUT THEM ALL UP ON THE ROOF OF THE HOUSE. Reporter: CONVENIENCE — NO OUT OF POCKET MONEY. Reporter: AFFORDABILITY. INCREDIBLE THE SAVINGS. MOST IMPORTANTLY A BILL SLASHED IN HALF. THESE SOLAR PANELS WERE A NO BRAINER. GREEN. DOING WHAT IS RIGHT FOR THE EARTH. Reporter: IT WAS GREAT TILL THE COUPLE DECIDED TO REFINANCE. WE WERE MISLED. Reporter: THE MORNING COMPANY REJECTED THEIR APPLICATION BECAUSE OF THE LANGUAGE. THE AGREEMENT REQUIRED NEW OWNERS TO TAKE OVER THE LEASE ON THE PANELS. AND FOR THE MORTGAGE COMPANY THAT WAS A DEAL BREAKER. THEY REFUSED TO CHANGE THE CONTRACT SO THE ONLY WAY OUT WAS TO BUY THE PANELS. THAT IS 40 GRAND. IF I HAD 40 GRAND I WOULDN’T HAVE LEASED THEM TO BEGIN WITH. Reporter: THEY CLAIM THEY ASKED ABOUT SELLING OR REFINANCING AND THE SALESPERSON ASSURED THEM THERE WOULD BE NO ISSUE. I GOT SCREWED. WHAT I AM SAVING ON ELECTRIC I AM PAYING IN INTEREST. Reporter: THEY SENT US A STATEMENT SAYING THEY HAD MANY CUSTOMERS WHO COMPLETED REFINANCES WITHOUT PROBLEM. THEY SAID TO OUR KNOWLEDGE OUR AGREEMENTS COMPLY WITH ALL GUIDELINES. WE RECEIVED COMPLAINTS IN THE OFFICE. Reporter: ENOUGH THAT THE ATTORNEY GENERAL ISSUED AN ALERT TO WARN CONSUMERS. IF YOU LEASE SOLAR ANIMALS YOU MAY BE — PANELS YOU MAY ON THE HOOK FOR PANELS. Reporter: THEY FOUND ANOTHER MORTGAGE COMPANY TO COMPLETE THE REIFY BUT LOST OUT ON A LOWER RATE. I FEEL LIKE I WAS LIED TO. JUST ANOTHER SCAM. Reporter: BEFORE YOU SIGN UP FOR SOLAR THE ATTORNEY GENERAL SAYS TO READ THE FINE PRINT AND THERE COULD BE A LOT OF IT.

6 COMMENTS

    Plrase i need help. Solarcity is going to kill me. They keep pilling expences on to my monthly bill. I went from paying 40 to 60 a month to southern calif edison to now over 100 a month. Now my bill has fallen behind cause i cant afford it. I domt know what to do. Please someone help

    That's why if you want panels, buy them in full. How can you expect it to be instantly cheaper with $0 down. All these people saying you you only get ripped off with the installment fees. Everything your paying you signed up for, it's a long term investment. It's not worth it if your just going to try to sell your house right after

    Thorium yes indeed and Thorium is far more abundant than Uranium! If we had made Thorium reactors for electricity instead of Plutonium they would be a lot safer and generate a lot more energy in a smaller space. Radium painted on a solar cell will also create electricity (24/7 and another interesting phenomena is that a very small piece of Plutonium or Thorium pressed against a Beryllium (Emerald) crystal will light it up very, very bright and outlast your mortal lifetime. This light will also convert into electricity via a solar cell and charge a battery 24/7 Nickel/Iron batteries using Hydroxide have now lasted over 60 years.

    I'm taking a training course in solar panel installation, repair and maintenance. My instructor recommended this book [link here >>>t.co/ejytdVx2sh ] as an excellent resource along with the course. I'm finding it invaluable. By buying it through Amazon, I saved considerable money and received it very quickly.

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