Here at Solar Supply of Colorado, we disclose all information to our customers when it comes to purchasing a system from us. As a result of this and that of being a smaller company, we do not have all of the corporate mentalities of trying to get away with un-ethical business practices. As a result, we are a better business in the long run that looks out for its customers and our financial future. Just like the banking industry, it appears that there are un-ethical practices occurring out there in the solar world as reported by Reuters.
“But SolarCity disclosed in a regulatory filing this month that the Treasury Department's inspector general is investigating "possible misrepresentations" in the value of solar systems that received the federal cash grants. As part of the probe, SolarCity and others have received subpoenas.
The San Mateo, California company said it had submitted $325 million in cash grant applications as of August 31. If it were required to adjust the value of those applications by a hypothetical 5 percent, it would be required to repay $16 million to its fund investors, SolarCity said in the filing.
Also, the U.S. Internal Revenue Service is auditing two of its investment funds. The company would not offer any additional comment.”
http://www.reuters.com/article/2012/10/26/us-solarcity-ipo-idUSBRE89P0EF20121026
Come to the trusted Solar Photovoltaic provider located right here in the Greater Denver Area. We will take you through every step of the Solar purchasing process and provide you with top quality components and services without getting stuck in the corporate mess. Unlike the other guys, we tell the truth.
Give us a call today and find out how easy it is to work with us!!!!
posted: December 28, 2012 - Solar Supply - Colorado Solar Power - Blog
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