Complaint Review: Spruce Power - Houston Texas
- Spruce Power 820 Gessner Rd. Houston, Texas United States
- Phone: (888) 636-0336
- Web: Support@sprucepower.com
- Category: Solar Panels
Spruce Power now tells me my Prepayment/Buy Out price will include "Incentive costs" and "Residual Equipment Value." These items are not cited in the original NRG contract. Houston Texas
I signed a contract with NRG in 2015 to install solar panels on my home. The contract was for 20 years with a "buy out" option on the 7th anniversary (1 Sep 2022) for $12, 007.86 or, a one-time prepayment of $9987.29 based on a 4.5% interest rate, plus taxes.
In about 2020, my contract was sold to Spruce Power. Spruce Power now tells me my Prepayment/Buy Out price will include "Incentive costs" and "Residual Equipment Value." THese costs amount to almost $4000.00 in addition to the base amount.
These items are not cited in the original NRG contract and were not part of anything I ever agreed to.
This report was posted on Ripoff Report on 10/06/2022 02:53 PM and is a permanent record located here: https://www.ripoffreport.com/report/spruce-power/houston-texas-tells-price-1521677. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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