It also received some airtime on ABC 7:30 on 18th of August. The solar packages appear to be high cost, over priced. It’s easy to make the assumption that the TV/advertising and marketing, commission of the sales team, solar suppliers markup and finance company hidden interest all need to be covered. The zero up front scheme marketed cost more in repayments than the savings in electricity bills for the example the ABC provided.
The big take away was these deals like payday lending fall outside consumer finance regulation. The consumer can be left worse off with no recourse.
