Comment by jonhohle

Thinking about it from an individual (not business) point of view, the upfront capital won’t be repaid for 10-years or more and does little to change the value of the lot. The lot value is probably most dictated by location and capacity. Solar does nothing to affect location, and may even harm capacity. Parking lot customers might choose a lot of its shaded, but ultimately it’s a captive market due to location.

If I owned the lot, I could take on no-risk (which may be why the lot was purchased to begin with), or take on a 6-figure investment that could bankrupt me if the demand for the lot vanished. (I suppose in that case you’d at least be making money on selling power back to the grid.)