Will leasing a solar system add value to my home? Lease $87 monthly=no electric bill.

  • July 20 2012 - Sun City West
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Answers (3)

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  • October 27 2014
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Profile picture for PrescottAz
agreed they are a pain to transfer and you will likely have to pay it off to sell. 
  • August 30 2013
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Profile picture for RayBoggs
No, unfortunately a leased solar system is not an asset and is considered more of a liability to the present homeowner and potential homebuyer. If you search the Interenet for the keywords "solar lease home sale" or anything similar, you'll find a growing number of homeowners and real estate professionals who are now complaining of having difficulty when attempting to sell a home with a solar lease attached to it. One of the primary reasons for these "underwater solar leases" is that in many, if not most cases, it is far less expensive for the typical income tax paying homebuyer to purchase a brand new solar system and keep the 30% federal tax credit, than it is to assume the remaining solar lease payments. Purchasing a solar system in today's market costs about 50% to 70% less than leasing a solar system when you consider the incentives that the lessee is forfeiting and the 20 year worth of (possibly) escalating lease payments. 
  • August 30 2013
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