Planet Money cover image

Planet Money

Rooftop solar's dark side

Jul 12, 2024
Guest Alana Samuels, a senior economics correspondent for Time Magazine, examines the complexities of the residential solar industry. She reveals that while many homeowners enjoy lower electricity bills, numerous others feel misled by the high costs and poor customer service. The discussion highlights the aggressive sales tactics employed by solar companies and the financial models that prioritize rapid growth over consumer satisfaction. Samuels also explores how outdated technologies contribute to frustrations, calling for reform in the industry.
27:22

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Residential solar companies prioritize rapid expansion over customer satisfaction, leading to inflated prices and disappointing experiences for some consumers.
  • Big national solar companies focused on growth strategies like tax credits and asset-backed securities, neglecting customer service and panel performance.

Deep dives

The Promise of Solar Panels and the Reality of High Electricity Bills

Christine and John were sold on the idea of solar panels reducing their energy costs significantly. However, after investing in solar panels, their electricity bills did not decrease as expected. The panels ended up not generating the promised amount of energy, leading to disappointment and financial strain for the couple. Problems with customer service and unmet expectations highlighted the darker side of residential solar panel installations.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode