Illustration of Coventry

How can you avoid green scams?

September 2023

How can you avoid green scams?

September 2023

Illustration of Coventry

Everyone’s talking about climate change. One way to help tackle the issue is to make some energy efficient home improvements to our homes, which can help to reduce bills too.

 

But it’s important to note that as more and more renewable energy products crop up, we’re also seeing a steep rise in fraudulent activity in this area. Criminals are increasingly preying on unsuspecting homeowners, often scamming them into fake deals on sustainable home improvements, such as heat pumps, solar panels, and other renewable energy technologies. 

Common tricks to look out for 

It’s been reported that the threat of green scams continues to rise, so here’s what you need to know to help you identify when something doesn’t seem quite right.

 

Criminals will often contact their targets via phone, text, or email, with some pretending to be from price comparison websites offering ‘special deals and discounts’. In a different scam, criminals invited people to apply for the government’s £400 energy grant1, in order to steal their financial information.

 

If something like this happens to you, stop and think before responding, especially if they’re asking you for any personal details. Genuine providers will never request this information over text or email, as they’d need to go through the usual identity verification checks first. So if in doubt, it’s always worth checking the credentials of the company.

 

They may also try to entice you through other methods, such as: 

 

  • offering free health checks for solar panels
  • selling voltage optimisers or falsely claiming that your inverters need changing
  • claiming that your solar panels are a potential fire risk or that a fire switch replacement is needed because the law has changed (neither of which is true).
Illustration of a person gardening and planting a seed

How can you avoid becoming a victim? 

At Coventry Building Society, we’ve outlined several tips for avoiding these scams:  

 

  • perform your own research – before purchasing any green products, you should check company websites, read reviews, ask for references and verify company details using external sources of information
  • check certified schemes – when looking for a trader to use, you should look for certified schemes like Trustmark (the Government Endorsed Quality Scheme)
  • stay alert – you should be wary when companies offer to complete applications or paperwork for government grants which are potentially fake. You should always check to see if there is any financial support available through local government agencies.

 

By finding out about common scam tactics, warning signs and ways to identify the legitimacy of eco-friendly products, you’ll be better placed to make informed decisions while protecting your financial interests. You’ll also be able to make important efficiency changes to your home with confidence.

 

1 Source - Exposing the £400 energy grant scam text - Which? News

Everyone’s talking about climate change. One way to help tackle the issue is to make some energy efficient home improvements to our homes, which can help to reduce bills too.

 

But it’s important to note that as more and more renewable energy products crop up, we’re also seeing a steep rise in fraudulent activity in this area. Criminals are increasingly preying on unsuspecting homeowners, often scamming them into fake deals on sustainable home improvements, such as heat pumps, solar panels, and other renewable energy technologies. 

Illustration of a person hacking a laptop

Common tricks to look out for 

It’s been reported that the threat of green scams continues to rise, so here’s what you need to know to help you identify when something doesn’t seem quite right.

Criminals will often contact their targets via phone, text, or email, with some pretending to be from price comparison websites offering ‘special deals and discounts’. In a different scam, criminals invited people to apply for the government’s £400 energy grant1, in order to steal their financial information.

 

If something like this happens to you, stop and think before responding, especially if they’re asking you for any personal details. Genuine providers will never request this information over text or email, as they’d need to go through the usual identity verification checks first. So if in doubt, it’s always worth checking the credentials of the company.

 

They may also try to entice you through other methods, such as:

 

  • offering free health checks for solar panels
  • selling voltage optimisers or falsely claiming that your inverters need changing
  • claiming that your solar panels are a potential fire risk or that a fire switch replacement is needed because the law has changed (neither of which is true).

How can you avoid becoming a victim? 

At Coventry Building Society, we’ve outlined several tips for avoiding these scams:  

 

  • perform your own research – before purchasing any green products, you should check company websites, read reviews, ask for references and verify company details using external sources of information
  • check certified schemes – when looking for a trader to use, you should look for certified schemes like Trustmark (the Government Endorsed Quality Scheme)
  • stay alert – you should be wary when companies offer to complete applications or paperwork for government grants which are potentially fake. You should always check to see if there is any financial support available through local government agencies.

 

By finding out about common scam tactics, warning signs and ways to identify the legitimacy of eco-friendly products, you’ll be better placed to make informed decisions while protecting your financial interests. You’ll also be able to make important efficiency changes to your home with confidence.

 

Visit Take Five to learn more about frauds and scams.

 

1 Source - Exposing the £400 energy grant scam text - Which? News

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