No, the federal government is not giving away free solar panels

Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here If you want to learn about Solar...

Here you can find Solar Panels and technological accessories related to Solar Energy: Click Here

If you want to learn about Solar Panels, to advise you before buying or to build your own Solar Panel: Click Here

the cost of just about everything is going up and we're all looking for ways to save a buck or two several verify viewers reached out to us about ads they saw offering free solar panels to cut their utility bills larry texted us to ask whether the federal government is behind the program as some ads claim so larry let's verify is the federal government giving away free solar panels our sources are the federal trade commission the illinois citizens utility board and the u.s department of energy we want to tell you up front that all of our sources say no the federal government is not giving away free solar panels in reality many of these ads are from private companies trying to sign you up for either a power purchase agreement or a lease these are programs where a company pays the upfront costs of buying and installing the panels and the homeowner either pays a flat monthly fee to use the panels and benefits from the generated power or pays for the electricity usually at a reduced rate as for the federal government it does offer financial incentives for homeowners who buy their own panels in a purchase agreement or lease the company footing the bill for the panels gets to take advantage of those discounts the ftc urges homeowners to carefully read any contract before enrolling in a lease or power purchase agreement because you could end up paying more over the length of the contract than just paying for the panels yourself with your verify i'm brandon lewis ...