Is buying a house for a maximum of €350,000 realistic?

However, leasing a car is significantly cheaper than leasing photovoltaic systems. From what I have seen, you have leasing costs for a photovoltaic system with 8-9.5 kWp over 20 years amounting to 40,000 thousand euros (example calculation from Enpal). From what you read, you can get a 9.5 kWp system for around 15,000 (generously calculated) including installation. If we generously calculate 500 euros per year for ancillary costs, we come to a total of 30,000 euros overall, which corresponds to an interest rate of just under 7.2% (this is roughly calculated, since the ancillary costs actually occur annually and do not have to be invested upfront)! But still, that results in quite a high interest rate; you don’t even have to include it in the mortgage financing but can get a personal loan for it. And there are even special investment loans for photovoltaic systems. It may be that there are cheaper providers, I have not checked that, but to me, it seems too expensive at first. Sure, if your creditworthiness has already been stretched so far that not even a small investment loan is possible, then that is still an alternative. Especially since you get the photovoltaic system (at least with Enpal) as a gift after 20 years. And I mean, the 20 years are calculated as the service life of photovoltaic systems, but seriously, they (barring an accident) probably won’t all break down exactly after 20 years.

I have just received a price overview:


System size Monthly lease per kWp (gross):

< 3 kWp
€19

3 - 4.9 kWp
€17

5 - 6.9 kWp
€15

7 - 9.9 kWp
€13

Is maintenance and insurance included?

That is then at 10 KWp, 8.8 cents/kWh and 1000 kWh/KWp per year with an assumed 20% self-consumption.

So 70.4 feed-in revenue as well as 50 euros savings through self-consumption.

10 KWp * 13 euros/KWp leasing amount minus 120 revenue are 10 euros per month.

These are thus the real leasing costs – and with more self-consumption, this also turns positive.

For 20,000 I also pay at least 200 euros interest per year plus repayment; here you get the system gifted at the end. And the inverter every x years must be paid out of your own pocket...

Is maintenance and insurance included?

“In our photovoltaic leasing model, you pay a monthly lease that is based on the performance of the photovoltaic system and, in return, you receive both the electricity generated and consumed by yourself, as well as the feed-in tariff for the surplus electricity produced. GGEW AG takes care of the installation, maintenance, and servicing of the system. The lease agreement has a term of 18 years, after which the system is “written off” and can be purchased for a “symbolic price.””

Yes, that definitely sounds better than Enpal, it is also a good 10,000 EUR less. hmm I need to take a look at it.