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My Elderly Parent Was Talked Into Solar They Can't Afford

· 4 min read

Part of the complete guide: Failed Solar in Florida: The Complete Homeowner's Guide →

Seniors on fixed incomes were targeted hardest. If your parent got talked into solar or a PACE loan they can't afford, here's how to step in.

Some of the most painful situations we see involve an older parent who was talked into a solar system or a PACE loan they never needed and can't afford. Seniors on fixed incomes were targeted hard — and if that's your family, there are things you can do to help.

What's on this page

Every section in this article, and what each one covers

  1. 1.Why seniors were targetedA four-item list (Door-to-door sales aimed at people; The tax credit; ...) and a callout, naming PACE.
  2. 2.How family can helpA three-item list (Gather all the paperwork; ...), naming the Florida Attorney General, PACE and CFPB.

Also on this page

  • an opening passage above the first heading (1 paragraph)
  • two checklists (7 items in all)
  • one callout
  • an FAQ (2 questions)

Full text

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Frequently asked questions

Can I help my elderly parent get out of a solar or PACE loan?

Yes — with their authorization, you can gather the documents, file consumer complaints, get the system documented, and help them contact an attorney of their choosing. The Florida Attorney General has resources specific to elder financial exploitation.

My parent has a PACE loan on a paid-off home — is that dangerous?

It can be, because PACE is collected through property taxes and falling behind can put even a paid-off home at risk. That's a situation where you'll want to document everything and speak with an attorney promptly.

Think this is your situation?

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