Germany Solar Power Customers Pay For Solar Panels

Solar power customers complain of high pressure sales tactics for buy now pay later deals.

Germany solar power customers pay for solar panels. Germany s solar panels produced record amounts of electricity exacerbating market forces that were already hammering the profitability of the country s remaining coal plants gin clear skies. The marketplace would replace a scheme that pays households about 5p for each unit of solar electricity they export which is paid for by all energy billpayers but will close for new applicants on. Thousands of people who bought solar panels have complained to a financial watchdog that they are not bringing them the returns they were promised. Depending on the type of installation and the sun s intensity generating one kilowatt hour kwh with solar panels can cost no more than 3 7 eurocents it says.

Many people took out loans to pay for panels on the promise they would save thousands of pounds in electricity costs and make money generating power.