Mosaic Solar Reviews
About Mosaic Solar
Mosaic Solar is a company that describes themselves as "an online marketplace" where clean energy investing is open to the public, who can then earn returns by investing in solar projects.
How Does It Work?
Mosaic Solar Investments says that their goal is to connect investors to solar projects which require financing to get up and running, or to progress forward. These projects will then generate revenue by selling their power to customers, and as long as the projects continue earning revenue, all investors will be paid back with interest.
Creating an account can be done completely for free, and initial investments can be done for a minimum of just $25 to begin with. You can also set up regular monthly investments, that have "predictable returns."
Since this is an investment opportunity where you are able to personally choose all the investments you make, in what amounts you make them, and for what length of time, there is no published Refund Policy for the money you spend.
Customer Service Contact Info
Their Customer Service team publishes a phone number, (510) 746-8602, for customers to use, as well as an email address, [email protected], and a traditional mailing address, 55 Harrison Street, Suite 300, Oakland, CA 94607.
Mosaic Solar Investments is a relatively new type of crowdfunding investing program, but so far it is generating lots of optimism and positive attention from business and investment magazines and publications.
Is It Safe?
There does not seem to be any complaints regarding the safety of this company currently.
Competitors and Alternatives?
There are many different crowdfunding companies on the market, as well as many different types of investment companies, but the specific angle of choosing individual clean energy projects to invest in seems pretty specific to Mosaic Solar, at least for the time being.
If you have experience with this company or their products, please leave your Mosaic Solar reviews below.
3 ‘Mosaic Solar’ Reviews
Mosaic is the most unprofessional company I have ever dealt with. To get on their web page you go round and round and it keeps asking for a new password and you put a new one in and it says the password is no good, the email is no good or there is no such account.
I spent over an hour today trying to set up an automatic withdrawal account but because you have to sign in for EVERY move you make, it kept rejecting me. I called the company twice and was placated with things like "Don't worry the (double the amount due) will be removed when your check for the other amount is cleared. Until then you cannot set up an automatic payment account.
I hate this company, I hate the solar panels and if I could, I would tear them off my roof and burn them! I was also lied to by the salesman who told me I would get a $5,000 tax credit for setting the whole piece of crap up I explained to him that I am a widow and do not file taxes. He said "No problem", there is always a way to get the money" More lies from this company!
If they had minus stars, they would get five!
This is a horrible company. They are loan sharks. Mosaic solar loans does not follow any rules in the contract. They obligate you to agree on online statements only just because they want to change your balance in a daily basis by increasing the amount. Even though I have a fixed 3.99% The monthly principal is always lower than it is supposed to be. This month for example my balance has increased $44.61 in 23 days. Every time I called to complain I get very rude customer service reps. When I email my complain I get some bogus invalid response. I am very sick and tired of this situation that is escalating every day. I am trying to pay up quickly just to get rid of them
These people will tell you they have a Lean on the Solar equipment only, not on your house. However if you try to get an equity loan you will find they are the second lean holder. Then In order to change it the will charge you $250. They are hard to work with. I would never recommend this bunch to anybody.