Talk of The Villages Florida - View Single Post - Home with a Solar System Lease; should I buy or not?
Thread: Home with a Solar System Lease; should I buy or not?
View Single Post
 
Old Yesterday, 05:20 PM
Rainger99 Rainger99 is online now
Sage
Join Date: Oct 2021
Posts: 2,800
Thanks: 1
Thanked 2,110 Times in 988 Posts
Default
Quote:
Originally Posted by kbrkr View Post
Assumptions:

1. The system is leased.
2. Net Profit/Loss I estimate to be a loss; meaning I pay more for system than what I save on electric based on average cost per kwh.
3. Cost of all payments over 25 years is $56k
4. No Batteries; so won't have power fail backup
5. Lease is assumable to new homeowner.
6. We love the home they are attached to.
7. Seller has reduced asking price by $20k

Asking the Hive mind if we should just go ahead and purchase the home; which we really love.

Thank you!
The lease is assumable. But can you buy without solar power?
Reply