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How to Avoid Green Energy Scams

Here’s how to spot a green energy scam and distinguish it from a real project.

Written by Taylor Freitas

Edited by Aviva Hauser

Last updated 12/19/2024

Jose Luis Pelaez Inc/DigitalVision/Getty images

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Key Points

  • There are several types of green energy scams, including “free” solar panels and investment opportunities.
  • Scammers may call you on the phone, knock on your front door, or connect over social media.
  • Don’t give out any personal information and read the fine print on all contracts.

Frequently asked questions

  • Yes, green energy as an industry is legitimate. Green energy sources include solar energy, wind energy, geothermal energy, and more. All of these renewable resources produce significantly fewer carbon dioxide emissions than fossil fuels.

  • As solar energy has increased in popularity, more people are recognizing the advantages of this renewable energy source. Unfortunately, as awareness has grown, scammers have used the benefits of solar to take advantage of vulnerable people who want to save money on their utility bills or enjoy an eco-friendly energy source.

  • There are many reputable solar companies in the U.S., including SunPower, Sunrun, and Lumio. To find the best installer for your home, reach out to a few companies in your area to get quotes. Then, you can compare the installers on pricing, warranties, financing options, and other factors.

  • It can be, but it depends on your priorities. Green energy is a more environmentally friendly alternative to traditional power sources, so if that’s important to you, then making the switch could be worth it. Just make sure to use a legitimate company like SaveOnEnergy when researching and signing up for a green energy plan.

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