Green energy firm wound up for mis-selling

A COMPANY involved in the mis-selling of solar panels and wind turbines has been ordered into liquidation following a Government investigation.

Rochdale-based SPWEC, which stood for Solar Power Wind Energy Company, took deposits and payments from customers worth £62,000 but in most cases failed to supply or install the equipment.

An investigation by the Insolvency Service found that: advertised prices were deliberately low to entice customers; the company sought payment for goods it had not sourced; it deliberately misled customers about the availability of Government grants; and took unathorised payments from credit cards.

Records at Companies House show four directors, named John Hallisey, Lee Cooper, John Hallises and Kevin Parr, worked at the company during 2009.

Alex Deane of the Insolvency Service’s, Company Investigations division said: “At a time when we are all looking for greener energy products, it is particularly regrettable that a business like SPWEC should use dishonest practices to exploit that demand for its own ends.

“The public should rest assured that the Insolvency Service works hard to remove such companies from the business environment.”

The company has been wound up in the public interest in the High Court. The court also heard that the company had failed to keep proper accounting records and there was a “serious” lack of transparency as to who controlled the company.