Are you a landowner? Many available technologies range from simple to very advanced (like concentrating solar power). On the downside, you should expect to deal with some occasional traffic, noise, and occasional visual impacts. Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased. How do you know who to trust with this process? As great as leasing your land can be, it doesnt come without its drawbacks. Because of the relatively small size of our solar projects, the parcels we look at for land lease can be anywhere from 20 continuous acres up to 150 continuous acres or more depending on the project. As a landowner and community member, by leasing some of your land for solar you can be proud you have enhanced the taxable value of the property on which the solar farm is built meaning new revenues for local schools, counties, townships and cities. Every 1 MW of solar farm capacity requires around 2 acres of solar panels. Privacy Policy This type of lease occurs when an entity leases your land to generate solar energy via solar panels and returns it to the electrical grid. 38 acres cleared farm land for solar panels lease. SolarLandLease is a 100% free service for landowners. Active renewable projects | Bureau of Land Management Solar farms are usually surrounded by large amounts of desert and arid land (which decreases solar energy production). Similarly, just because there is infrastructure in place near your land, doesnt mean it can handle any size solar project. For example, heirloom tomatoes, peppers, and herbs all do well. Farmers and landowners with land over 25 acres can lease their land to solar farms for additional income. Leasing your land for solar farm development provides: Learn more about the benefits of leasing your land for a solar farm. It only takes a few minutes to get the process started. Solar energy is, Which solar panel companies to avoid 8 Tips that will save you money Want to know which, How to Choose a Solar Company? Hello Larry, thats a really good question and one you should bring up in contract negotiations. Developing and building a solar farm takes strong partnerships and expertise to get from start to finish. That solar farm income will go up even more if the voltage of the line or substation is in the range required by the developer for the desired project capacity. If the results of this due diligence period are satisfactory, the lease term will be extended. Our team of solar experts will contact you to gather information and work with you to assess if a solar lease agreement is mutually beneficial. There are many exclusion zones that prohibit the construction of solar panels: After removing these exclusion zones from your acreage, you are left with the buildable acreage suitable for a commercial solar farm. I left my name and email of the description of what I needed. PDF Farmland Owner's Guide to Solar Leasing - Ohio State University While its not always the best idea to go with the company offering the highest lease amount, you may be able to negotiate up reasonably. Blog You take it from there. The process outlined above occurs offsite and only requires minimal time on the ground for surveyors or other officials. That means that the mineral owner has the right to grant an oil and gas lease to an operator, who then has the right to use as much of the surface as is reasonably necessary to operate and produce oil and gas. Most massive arrays are owned by utilities. We won't spam you or share your information. This is a concern that many landowners and farmers have. It depends on how much electricity a solar panel can produce yearly. Solar farms may be on leased land or land near transmission lines. This is the final stage before youll have a fully functioning solar farm thatll help serve as a second source of income. Together we can generate more reliable, renewable energy, contributing to a cleaner and more sustainable future. All rights reserved. If you are a landowner with 20+ continuous acres and you're looking for a way to earn passive income, we'd love to talk with you. Generally, for a 2-5 MW solar farm, the development takes 8-14 months. Call the office at 212.389.9215 or send us an email to learn more. He got back with me in 4 days after I sent my documents. Most importantly, its a way to generate a steady income stream for up to 25 yearsand you dont need to do a thing over the contract term. Solar farms can vary significantly in size, occupying anything from just a few acres to as much as several hundred acres. We make sure you generate reliable income through your land, and we manage and maintain the solar farm throughout its lifespan, so you don't have to take care of it. Read more about our community partnerships. After 40 years of working the land, they were open to exploring other sources of income and changing the use of their land. We Promote Your Land We'll promote your land, at our expense, to qualified solar developers seeking to build solar farms in your area. It is a great opportunity for landowners to generate stable income for 25+ years at a premium. Solar Provider Group works closely with you on a collaborative level to host a solar facility on your land. This is an exciting opportunity to make additional income without interrupting current land use. We help landowners quickly and easily make extra income on their land and ensure they are getting a fair offer. Notify me of follow-up comments by email. They may want you to pay for installation costs and provide financing for the project (sometimes with a loan). . We work closely with landowners to plan the site location and our expert team evaluates your land using criteria such as proximity to power lines and substations. Rather than spending time to find each one and filling out multiple contact forms, you only need to do it once with SLL. I would recommend reaching out to a local solar professional. Probably I can lease my 10 acres property on that company. This technology uses batteries to capture and store the energy that the panels have generated. We are committed to the long-term operation of our projects. You make your own check out of dirt. The Cons of Leasing Land to Solar Companies Making an informed decision requires a fair assessment of the cons and the pros. The number one thing is that we will still have a connection to the land, and were comfortable that Lightsource bp will be good stewards.. Best of all, you dont need to do a thing. While discussing the lease agreement with you, we lay out the terms and what happens at the end of the lease. Whereas small to medium scale projects could require 2 40 acres. With over 10+ years experience building solar projects and over 3 GW in development, our team has the experience and expertise to successfully see solar projects through to completion. For example, if you already have your land in a CRP (conservation reserve program), then you must read the fine print. Operations Phase (sometimes referred to as the Production Phase) This phase could last 20 30 years as they are not generating electricity. The developers will likely stick to the area where your solar farm is being built. We answer what is in a typical solar project lease, lease rates, what we look for in a land, and others. Before you know it, theyll be a check in your pocket! These farms include ground-mounted solar arrays. We value all our projects and our partners. Solar farms lease land, so they have many acres of land available to them. Most landowners enjoy the process and see it as an exciting part of the journey. will play a role in solar value. If not, you should try to push for appropriate compensation. They can help you navigate this situation to ensure it all goes smoothly. Because the panels and batteries have no moving parts, this system operates quietly and relatively unobtrusively. My land is in open land no people around the land thank you . Hello James, my apologies, but since I am not a solar expert Im afraid I cannot offer any additional advice. Solar Lease Pros and Cons Tesla Powerwall Review Solar by State Florida Solar Panels California Solar Panels Texas Solar Panels North Carolina Solar Panels Colorado Solar Panels Arizona Solar Panels Wisconsin Solar Panels Nevada Solar Panels Michigan Solar Panels Business Energy Business Energy Overview Ambit Energy for Business Resources With thousands of acres under management, Lightsource bp is increasingly North Americas trusted partner for solar land leases that deliver secure, long-term income to landowners. There will likely be a negotiation between the solar developer and the oil and gas company. During certain times of the year, construction could take an additional 5 to 10 months. Thank you Dan McCue for everything you do. +48 606 570 727, 6267 Bay Club Dr, Suite 004, Fort Lauderdale, FL. Creation of a solar farm is a long-term investment and Lightsource bp has a proven track record as a global leader in the development and operation of renewable energy. If you like what you see, you can list your land for free on our leading marketplace for exposure to thousands of solar investors. Rent: Rent is usually paid annually on a per-acre basis, but this isnt always the case. I am grateful because of the information he was able to provide it is definitely going to help in the near future. We pride ourselves on designing the solar installation to accommodate your farming priorities and practices, to ensure we are not limiting any adjacent agriculture. This means, that, for a 1mW solar PV power plant, the area required is about 2.5 acres or 100,000 square feet. Suitable land does not harbor any endangered or threatened species, and is not a wetland. At the end of the project the installation will be dismantled, removed and recycled without harming the land we make sure that the land is returned to its original state, or better. Boston, MA 02109, TORONTO Farm. to find out if your land is suitable for a solar farm project, and how much you could earn from a solar land lease. It seems like there is no way to get a reasonable answer to this question, but the amount is not that difficult to determine because of the value of solar energy. If youre wondering why youd lease your land, its because it generates extra income. We receive a finders fee from solar developers looking for land like yours. Not only do you earn a nice check from leasing your land, but you can also save a lot on your power bill. The more land you have, the more money you get from solar panels. Installing a solar farm on your land can take anywhere from 3 to 12 months. See solar prices from qualified, local companies. Once you sign the solar lease, or option to lease, there are generally four phases to a solar farm project: Development Phase (sometimes referred to as the Option Period) This could take anywhere from 1 5 years. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Lightsource bp is a 50:50 joint venture with bp, giving us the financial resources to live up to our promises. You do not incur any risk in the project planning, approval process, or financing. The simplicity of the design means there is not too much that can go wrong. Im interested in getting more information about the possibility of leasing my property for solar farming. Half mile my property theirs a solar starting to build. Who will be responsible for the permitting and associated fees. The lack of available land in many places has given rise to homeowners residing in high-cost areas selling their homes or selling their land to a developer, who will build a typical residential community with housing and shopping centers on the property. Lightsource bp will support your local community through the payment of these property and sales taxes through the life of the project.
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