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FREE Solar Panels from Stroma. Is this a scam?

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Hi

Not sure if this is the correct place to post. We have just had a leaflet through our letter box advertising free solar panels by a company called Stroma. Here is their address

http://stroma-solar.co.uk/pv-4-free

Basically we are able to save on energy bills per year and they get the excess electric generated. I've seen this somewhere before whereby you buy the solar panels and they pay for the excess electric generated. But the yield is about 7 years. So this is the other way round really.

Someone on the estate has just had them installed this weekend and will be asking them first. But it seems too good to be true?

Has anyone had a similar experience? I can see both sdes benefiting especially them as they will literally sell the excess electric on.

Comments

  • penrhyn
    penrhyn Posts: 15,215 Forumite
    Part of the Furniture Combo Breaker
    This is a rent a roof scheme, there is a log thread on these in the 'Green and Ethical section'

    With rent a roof you agree to let the company install their kit on your roof for 25 years.
    You benefit from the electricity it generates that you use.

    You could save around £50 £100, a year off your bill.

    The company collects the feed in tariff, at around 42p/kwh
    Basiically they get the meat, you chew on the bones.
    That gum you like is coming back in style.
  • Spot on, it is like renting your box room for 25 years for a couple of hundred pounds. You will have major legal problems when trying to sell.
  • ironlady2022
    ironlady2022 Posts: 1,571 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thank you for the replies, looks like it's not a goer then
  • I've heard an advert on the radio for a company called eco vision energy and am waiting for them to call me back to discuss it further. All seems quite reasonable to me - basically the government are paying a certain amount per kwh of energy generated to try to encourage people to generate energy this way. You can either pay for the cost of the solar panel installation + maintenance yourself and receive the money per kwh generated or there are these companies who will rent your roof space and install and maintain them for free and they receive the money. Either way, you get to use the electricity generated and so reduce your bills. My only concern is that it is for such a long period of time (25years). My understanding so far is that the contract is with the house and so if you move the new owners can take on the remainder of the contract if they want.
  • Hi
    in response, the contracts signed to take up the PV4FREE deal are legal contracts, which suggest you should have no problems at all with selling your property. The potential new buyer has the option to keep the panels or have them removed.

    All the electricity that the solar panels on your roof generate, go directly to you therefore it is anticipated that you will save significantly especially with energy costs expected to rise.

    We would be happy to contact you to discuss the offer further?

    If as I suspect you are part of the company mentioned in the OP, then you are not allowed to post without the prior permission of MSE.

    If this is so I sugest you remove your post and contact the board administrators for permission to post as a company representative:)
    "Sealed Pot challenge" member No. 138

    2012 £ 3147.74 2013 £1437.532014 £ 2356.52
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