Solar Panel Companies Leasing Land
Things to consider before signing your solar lease.
Solar panel companies leasing land. A land lease that makes the most of your space. Get competing solar quotes online. Solar farm land lease rates in the right locations solar is one of the most profitable uses of rural land. Installing a solar farm on farmland could cause the land to lose its current agricultural use value status since the land is no longer used exclusively for agriculture.
The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels. Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased. Get advice and information to help you compare financing options and find the best solar leasing companies. However for farmland owners that have historically used their land for agriculture a solar ground lease offers a more profitable and reliable income stream.
Landowners in some regions are being approached with exploratory offers to lease their land for solar development. 7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations. Government programs like the investment tax credit itc before leasing land for a solar farm there are a few items that property owners should take into consideration. Any honest solar company should tell you that if walmart or a residential developer is interested in buying or leasing your land a solar lease can not compete from a value perspective.
It varies considerably by the developer the size of the project the state the land is in market competition in the area from other solar developers as well as companies interested in your land for other uses and several other factors. When you think of a solar farm you may imagine sprawling developments with solar panels as far as the eye can see that s not us. Leasing land for solar or energy storage provides landowners with long term lease income. The quick expansion in the solar industry has come as a result of two major factors.
Learn about the various solar leasing companies. Landowners can earn long term lease income for each acre of land that is available for solar farm projects often through community solar programs. A landowner who enters into a solar lease should expect to have solar panels on his or her farm for 40 to 50 years. We are not developers of massive solar farms spanning thousands of acres.
Solar leases and ppas are a good option to finance your solar panel system. However pinning down an exact figure of what land should rent for can be a challenge for landowners because of the wide range of data found on the internet. The lease should require the solar company to pay any.