Baker & Baker Payback Per Location for Solar Installations

Attached is the first draft of my very over-simplified summary for John and Steve.  I want to provide something quick and easy to read.  Big picture stuff.  The accountants can review the notebook. I may simply the spreadsheet even more.  Their prime concerns are how much will it cost, how much power we use now will switch to solar, and when’s it paying back.  I fear there will be a lack of enthusiasm for the properties with low % and long payback time.

Can you run hypothetical numbers for 400 Laurel, assuming we can cut down trees and put solar in the parking lots?  That 7% jumps right off the page in an unimpressive manner.

Is the interest rate to finance commercial projects the same as residential?

Leigh Gunter, Property Manager

Baker & Baker Real Estate Developers, LLC

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