Talk of The Villages Florida - View Single Post - Contemplating having solar panels installed
View Single Post
 
Old 10-08-2021, 11:18 AM
GrumpyOldMan GrumpyOldMan is offline
Soaring Eagle member
Join Date: Jul 2019
Posts: 2,016
Thanks: 333
Thanked 2,479 Times in 753 Posts
Default

Quote:
Originally Posted by CoachKandSportsguy View Post
Sure you can, if cash is your funding source, which is cash and the cash return. . .
Because there is no income from solar investment, there is only cost savings. . . very different type of return analysis. .

the question is if the cost savings is high enough from the cash investment to add it to your long term portfolio which is 6-7% of income. I would not expect you to sell income producing assets of 5-7% to fund a cost savings of 0.5 %, does not make sense.

But you are correct in that solar panels are a long term investments, and therefore should reflect some sort of long term cost savings or income, since it doesn't over the small roof area, generate enough to produce income at the moment. .
Correction, there is limited income from solar on roof tops.