L
lena green
New Member
Hi Manor Park,
Invariably the roof belongs to all and a comittee is normallyy set up to maintain it and pool/grounds if there are any. So, technically the roof is yours. However, if all owners were involved then it would be a communal installation (no maintenance costs)and profit shareout annually which wipes out all other maintenance costs for the site.
A 5kw unit @ 65 cents per KW hour return over 16 hours per day (3.25€ per hour) = €52 a day x 7 = €364 a week or €1456.00 a month
Annual income €17,472.00
approx 25 (200 watt) panels required at a cost of €40,000 ++, payback 2.5 years.Don't forget your own usage,so that annual income will be lower. However, after three years its all profit.
Less bank charges over 6 years.
Loan repayments €8,172 p.a on 40k over 72 months.
By borrowing the entire amount, no deposit down, there is almost 100% + profit per year rising to the whole income after the repayment period.
I don't know how many occupants there are but ten people with 5k apiece are into a great investment for life.
I am not new to this field I should tell you, but I have never come across such high purchase prices from the EDP. Usually its coppers that one gets paid.The EDP are contracting for 5 years, so income is guaranteed to be, on a turnpout of 5 Kw hours per day over 1825 days x 52 Euros or 94,900 Euros. Less 5 years use which won't be anywhere near that figure.
Its worth a look.
Invariably the roof belongs to all and a comittee is normallyy set up to maintain it and pool/grounds if there are any. So, technically the roof is yours. However, if all owners were involved then it would be a communal installation (no maintenance costs)and profit shareout annually which wipes out all other maintenance costs for the site.
A 5kw unit @ 65 cents per KW hour return over 16 hours per day (3.25€ per hour) = €52 a day x 7 = €364 a week or €1456.00 a month
Annual income €17,472.00
approx 25 (200 watt) panels required at a cost of €40,000 ++, payback 2.5 years.Don't forget your own usage,so that annual income will be lower. However, after three years its all profit.
Less bank charges over 6 years.
Loan repayments €8,172 p.a on 40k over 72 months.
By borrowing the entire amount, no deposit down, there is almost 100% + profit per year rising to the whole income after the repayment period.
I don't know how many occupants there are but ten people with 5k apiece are into a great investment for life.
I am not new to this field I should tell you, but I have never come across such high purchase prices from the EDP. Usually its coppers that one gets paid.The EDP are contracting for 5 years, so income is guaranteed to be, on a turnpout of 5 Kw hours per day over 1825 days x 52 Euros or 94,900 Euros. Less 5 years use which won't be anywhere near that figure.
Its worth a look.