Solar Farm Lease Rates Per Acre
The most commonly asked question by landowners regarding solar farms is how much can i lease my land for.
Solar farm lease rates per acre. On average 1 acre solar farm cost about 500 per month to lease in the united states. This is a good thing for landowners as it makes the job of projecting lease revenue much simpler. Who will maintain the land. Companies are advertising in farm magazines in an attempt to coerce landowners to sign up their land for solar.
However there s a lot to take into consideration before entering into a solar lease with a developer and to help our readers better understand the nature of solar farm lease rates this article will discuss the importance of solar development in the u s how land for solar development is evaluated and how landmark dividend can help. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average. What are the per acre lease rates for utility scale solar projects. Is a utility scale solar project subject to the public utility tangible personal property tax.
Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually. The popularity of solar leases has increased significantly in the last year. This blog article has introduced a few of the many of issues to consider before entering into a utility scale solar lease agreement. The short answer is it depends but solar lease rates also called rents typically range from 250 to 2 000 per acre per year this article looks at the factors that influence the rates a solar developer may offer for your land.