And while it was an investment to do, they essentially just zeroed one of their largest bills. Why isn’t everyone with a large parking lot doing this again?
If it made financial sense, any bank would give a loan for a project whose generation offset a greater cost than the monthly payment. Assuming decent business history.
The companies that sell these projects likely partner with some financial institutions to offer loans.
And while it was an investment to do, they essentially just zeroed one of their largest bills. Why isn’t everyone with a large parking lot doing this again?
Because most of their money isn’t liquid they can’t actually afford it
If it made financial sense, any bank would give a loan for a project whose generation offset a greater cost than the monthly payment. Assuming decent business history.
The companies that sell these projects likely partner with some financial institutions to offer loans.
So I don’t think this is a liquidity issue.