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Very bad service!! To anyone thinking about using these company don't it they will tell you everything is great working order and give you 2 thumbs up !! To keep moving forward next they will send a third party electrical company will will tell you that ur homes electrical wiring needs to be changed ant a cost of $12000 dollars .. It's all a scam DO NOT TRUST SOLARCITY !!![
We were excited to have a solar system installed on our home. The installation process went smooth and we were impressed with the workmanship, however, we have had nothing but problems with our bills, and getting answers to our filing questions has been impossible. Over the past 3 weeks we have called 5 different times, and have been told "they needed to research our question, and would return our call." This has never happened. It now appears (with the knowledge we have gathered doing our own research) Solar City did not calcuate our panel needs correctly and the amount of power we are generating is not sufficeint to pay on the principle, thus at the end of our contract we could have a huge balloon payment. We are very concerned and yet no will will discuss this with us. It is beginning to feel like a big scam. Please be cautious
SCAM ARTISTS! Do not EVER use them! The bill for our electricity quadrupled! They used our roof to generate electricity and power for their benefit and then we are paying more than what we did before we even installed them!!!!!! Worst company ever !!!please warn everybody do not at all go with this company!!! Total scam and we are thinking of legal action, it is that bad!
Caution - Prices way above market. Initial sales pitch & pricing implied a new roof, which at $5 per watt was in line with expectations. After a site visit and a couple weeks in design, the quote came back at $5/w but excluded any roof work. Residential systems are priced in the $3.50/w range (greentechmedia.com/artic…) ...so a bit of bait & switch by SolarCity. We declined to proceed.
If could give this company a "O" I would. They are very prompt for you to sign up with them, promising savings of at lest half of your electric bill. They installed last year and it took over 60 days to get it going (I guess they need to get paid by the electric co first). Since starting production in December there has been no savings! I actually pay more now (because I pay for the equipment to Solar City too).
I sent then three emails and called twice, but have not gotten any reply.
I will be contacting the FTC and my electric provider about this.
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Once nearly $86 a share, SolarCity’s stock price has gone in mostly one direction, down, as investors have cast increasing doubts about its business model. On Wednesday, after the company reported fourth-quarter earnings on Tuesday, the shares fell nearly 30 percent to close at $18.63 after a warning that the company faces steeper-than-expected losses.
The company and other industry leaders like Vivint and Sunrun are so vulnerable to regulatory shifts that they all responded by abandoning the state.
“I don’t think anyone forecasted this risk,” Mr. Rive said. Referring to the potential to gain new customers in Nevada, he said, “It’s impossible for anyone to do it — it makes no financial sense for a consumer.”
Those agreements, which generate the bulk of the company’s revenue, are based on SolarCity’s fundamental pitch: Customers, with little or even no upfront payments, generally commit to 20-year leases to install rooftop solar systems on their homes and buy the electricity they produce for less than what they would typically pay utilities.
In addition to the federal tax break and state and local incentives, the credits that utilities give customers for excess electricity sent back to the grid — known as net metering — are a potent part of making the deals economically attractive all around.
Over the last couple of years, thanks to these generous, overlapping incentives, SolarCity’s revenue growth has been robust.
But it is expensive to build out these systems.
SolarCity’s revenue last year grew nearly 60 percent to $400 million from the year before. But its costs grew at much faster rate, leaving the company with an operating loss of $648 million for the year.
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So many lies old crock, here is a list of people who are explaining roof top solar is an expensive scam.LOL Silly girl, the solar industry is about ready for another boom cycle, as the availability of home storage batteries as an affordable price will enable more and more people to disconnect from the net. This is already a political football, as the GOP in many states align with the big utilities to actually make it illegal to disconnect from the grid and produce your own power. Talk about an infringement of rights and the rights of private property owners.
Kozicki served as chief executive officer for AA Solar, Inc. in March 2010, when his company sought and received a U.S. Department of Energy grant funded by the American Recovery and Reinvestment Act of 2009, in the amount of $1,776,268. According to the U.S. Attorney’s Office of Central District of Illinois, AA Solar sought funds to purchase and install equipment for a manufacturing facility in Danville, Ill. to make solar tracking systems.
Kozicki instructed AA Solar employees to provide officials with fraudulent invoices, quotes, or purchase orders. During the scheme, Kozicki made payments or withdrawals from AA Solar’s bank accounts for personal expenses. As a result of the scheme, Kozicki fraudulently attempted to obtain approximately $649,269 from the grant and successfully obtained $383,318 from the goverment. AA Solar’s final two fraudulent payment requests were denied.
AA Solar sold only one or two of its solar tracking devices during its existence and did not provide the cash match of $1,985,000 required by the terms of the grant. On May 26, 2015, Kozicki entered a plea of guilty to defrauding the grant program. On June 1, 2015, U.S. District Judge Sue E. Myerscough ordered Kozicki to pay restitution in the amount of $383,318. The 80 year-old Kozicki was allowed to self-report in 30 to 60 days to the federal Bureau of Prisons to begin serving his sentence.
Solar CEO Sentenced for Defrauding Gov’t Grant Program
