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?
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Old 08-18-2025, 09:23 AM
kttomas kttomas is offline
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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!
Well, if you really love the house tell the seller will buy the house butt not take over the lease. The seller will then have to make a choice to pay off the system or not sell the house to you.
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