- Report: #1312887
Complaint Review: Renewable Eneergy Corporation - Lutherville Timonium Maryland
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Renewable Eneergy Corporation
Lutherville Timonium, Maryland, USA
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Renewable Eneergy Corporation SCAM ALERT! TOTAL RIPOFF! MAJOR FINANCIAL LOSSES! Lutherville Timonium Maryland
Don't even think about doing this! We regret it deeply. I did a cost analysis on this based on the promise of SREC's and Panel rebates. The value of these was $8,294. I tried to find out about the SREC's and was because told they would only speak to my husband. After months of back and forth he finds out that we will not be getting our SREC's, nor will we be getting the Panel rebates. So we are losing $8,294. There is also the issue that we were told that our energy savings would amount to $1170 a year. It appears that we will only produce enough energy to save about 2/3 or $780 in a year. We had hoped to recover our costs in 12.5 years, but with the loss of the SREC's and solar panel rebate and the underperformance of these panels it will be more like 30 years. The panels are only expected to last 25 years. A loss. Not to mention the headaches of not getting one honest answer in the last 4+ months of dealing with this company.
