Claiming compensation for paid up front Solar panels

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LV_426

powerful_Rogue said:

Jellymould3 said:

I believe they prey on people not doing their research anyway so I don’t have a moral issue with it! 

If that's your moral compass and you believe you have a claim, then go for it.

I would question the moral compass of the solar panel installers, if their claims of ROI were inflated. But we don't have the numbers involved so can't really make a judgement.

Keep_pedalling

If the panels were installed prior to 3rd March 2012 the feed in tariff the would have been receiving for the past 10 years would just about covered the cost of installation. Mine were fitted in late 2011 and the FI payments have coved install costs as well as reducing my overall electric bill). After that the FI tariffs were slashed, but regardless of the implementation date they have no where to obtain compo as the company no longer exists.

Jellymould3

Keep_pedalling said:

If the panels were installed prior to 3rd March 2012 the feed in tariff the would have been receiving for the past 10 years would just about covered the cost of installation. Mine were fitted in late 2011 and the FI payments have coved install costs as well as reducing my overall electric bill). After that the FI tariffs were slashed, but regardless of the implementation date they have no where to obtain compo as the company no longer exists.

Hello, they were installed after this, yes, I’m aware the company no longer exists but my Grandmother is adamant she has a valid claim because of these ‘people’….I have my own name for them 😹

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silvercar

Either the compo people can claim from a company that no longer exists for compensation for something that isn’t eligible for compensation or the compo people see elderly people that they can extract money from. You decide.

FreeBear

LV_426 said:

powerful_Rogue said:

LV_426 said:

Jellymould3 said:

In that case, @powerful_Rogue would it be best to let the No win no fee company run with it and let them waste their time? 

Worth a shot isn't it?

Is it? Why? See my post above.

Well of course I'd need to have a close look at the T&Cs. Is 'no-win, no-fee' generally a con?
Only asking because we're in the process of pursuing a personal injury claim and the solicitors work on this basis.

Depending on the type of case, the NWNF sols require you to take out an indemnity policy to cover costs should (when) they lose the case. How much this policy costs varies from case to case. I have seen figure of upwards of £10K for basic inheritance act claims. How much it would be to sue a defunct company with no assets, I wouldn't like to say. But the prospect of getting any money back is somewhere between fat chance and zero.

Apodemus

OP, have you checked that this is not a scam, perhaps even using a look-alike of a "genuine" no-win/no-fee claims company?  You know the sort - sign up, give all your personal details, oh, and can you please give us your bank details so that we can pay you the compensation...

macman

Jellymould3 said:

Keep_pedalling said:

If the panels were installed prior to 3rd March 2012 the feed in tariff the would have been receiving for the past 10 years would just about covered the cost of installation. Mine were fitted in late 2011 and the FI payments have coved install costs as well as reducing my overall electric bill). After that the FI tariffs were slashed, but regardless of the implementation date they have no where to obtain compo as the company no longer exists.

Hello, they were installed after this, yes, I’m aware the company no longer exists but my Grandmother is adamant she has a valid claim because of these ‘people’….I have my own name for them 😹

She may well have a 'valid claim'. but please ask her how she is going to get compensation from a company that no longer exists? As our new PM might say: There. Is. No. Money.