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 08-19-2025, 03:49 PM
Topspinmo's Avatar
Topspinmo Topspinmo is offline
Sage
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,359
Thanks: 7,710
Thanked 6,331 Times in 3,281 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!

No! Why would you want to assume that responsibility? Hundreds of homes for sale IMO I pick one with less hassle and iNO lease is a hassle.
Reply