If you have run into solar panels that are too good to be true, they likely are. In fact, many manufacturers have given out false claims about the benefits of investing in solar panels in residential properties. This has caused many homeowners to invest in expensive panels, thinking it will pay itself off in a few years. However, the results might be far from what is expected, suggesting that they have just been mis-sold solar panels.
Have you or a loved one been mis-sold solar panels? If so, then understand that all is not lost. There are things you can do to claim from mis-sold solar panels to regain some of your investment to ease your financial losses. That being said, here is what you need to know if you do plan to claim on mis-sold solar panels.
Your claim will depend on various factors
Your first concern is likely how much you can claim. There is no set amount for this, as each claim will differ from others based on various factors. For example, an important factor that can dictate the amount you can claim is how much you invested into the system. The disparity between what was promised by the manufacturers and installers versus what you actually got will also be considered in determining the amount.
In many cases, the bigger the disparity between the lie and the reality, and the higher the amount you invested into the panel, the more money you will be able to claim. Just be sure to work with a claims expert to help you understand what you can do to maximise this amount.
You can still claim if the company is no longer trading
You may be worried if the company you work with is no longer around and has stopped trading. While you certainly will not be able to claim as much as you could have while they are still in operation, you can still claim an amount depending on the laws around your area.
For example, the Consumer Credit Act allows you to claim from a credit or finance provider given you have hit the minimum mark spent on a certain product, which is £100. This also applies if you have only used credit to pay for the deposit for the solar panel system. If you have used credit to pay for the deposit higher than a certain amount, you can still claim from the credit or finance provider.
Conclusion
Dealing with mis-sold products like solar panel systems is never a fun thing, especially if you have spent a lot of money and time getting it to work. As such, knowing exactly what to do when claiming will help you maximise your chances to get out as much money as possible from your efforts, and you can easily do this with the help of a reclaim company.
Such companies can handle issues surrounding mis-sold goods and services and help you get appropriate compensation for the lies and false expectations you have been led to believe.
Consumer Reclaim specialises in mis-sold goods, services, and insurance in the UK, helping individuals claim from mis-sold things to be given back the money they deserve. If you are dealing with mis-sold solar panels and want to make a claim, let us help you!