Complaint Review: Momentum Solar - metuchen New Jersey
- Momentum Solar 325 high st metuchen, New Jersey USA
- Phone:
- Web: www.momentumsolar.com
- Category: Solar Energy
Momentum Solar Company preys on the elderly. Sold us solar with compounded interest payments. metuchen New Jersey
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Momentum Solar really knows how to push solar down your throat. They sold my grandmother back in January, the solar installation was in June and the system still has not been activated yet. My grandmother is 87 years old and it is clear to us that she was taken advantage of. After I looked at the contract I nearly fell off my chair. The contract locks us in for 25 years with no recourse and she has to pay a premium for electric and then on top of that she has to pay a compounded interest at 3% every year compunded for the next 25 years. At this rate she will be paying more for solar that Public Service electric in 3 years. This is BS. They told her that PSEG increases at 4% per year - THIS IS A BS LIE TO. I tried to cancel service but they won't. I tried contacting the owners, Arthur Souritzidis, I tried 3 different times and no one at the company will let me speak to him. - He's a liar.
WHO THE HELL PAYS COMPOUNDING INTEREST ON THEiR ELECTRIC BILL?
COMPANY PREYS ON THE ELDERLY.
We are filing a formal complaint with the NJ Division of Consumer Affairs. This company preys on the elderly. Stay away and protect your family... BUYER BEWARE.
This report was posted on Ripoff Report on 09/04/2017 09:17 AM and is a permanent record located here: https://www.ripoffreport.com/reports/momentum-solar/metuchen-new-jersey/momentum-solar-company-preys-on-the-elderly-sold-us-solar-with-compounded-interest-paym-1397798. 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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