Solar farms lease land, so they have many acres of land available to them. We look forward to working with you. This helps diversify the use of your land while meeting the growing demand for solar. In an increasingly electrified society, it is essential to produce the required electricity sustainably. Lightsource bp is a 50:50 joint venture with bp, giving us the financial resources to live up to our promises. In addition, when an energy developer needs to clear obstacles from the land, it costs more time and money. Your search was not found, please try changing your search criteria. However, youll see materials being delivered as well as workers building the system itself. Lease Term: As noted, a solar land lease is a long-term commitment, typically 25 years or more. He was very informative and even did research after sending him my documents. We take care of seeing your project through to completion. On the very off chance that your new neighbor is a nuclear power plant, you are looking at quite a lot of noise and traffic (see map below). Rather than spending time to find each one and filling out multiple contact forms, you only need to do it once with SLL. Our team has successfully executed large-scale renewable energy projects across North America. This is a complicated subject. To see what the solar rights on your land are worth, you can claim ownership of your parcel on our map. However, we recommend that a farmland owner confer with an -state attorney to in document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gokce Capital | Privacy | Terms | Earnings Disclosure | Affiliate Disclosure | Do Not Sell My Info | Accessibility | Refund Policy. Having said this, solar panels do not require that much concrete and heavy construction, which does limit these effects. Contact us today at (800) 385-1802. We won't spam you or share your information. One of the secrets to our success is that we recognize the importance of the landowners with whom we negotiate our land lease agreements. The old-fashioned solar power is based on solar panels that convert sunlight into electricity (photovoltaic). They sent him an "Option to Lease" agreement, told him it was "standard," requesting that he sign it. Not all your acreage will be suitable for building a solar farm. Hello Larry, thats a really good question and one you should bring up in contract negotiations. It's a tradeoff. A solar lease allows customers to avoid the upfront costs of solar equipment and installation. They are so large they can easily supply power to several households. If you are a landowner with 20+ continuous acres and youre looking for a way to earn passive income, wed love to talk with you. The solar company will work with you and the operator to ensure that there are dedicated locations set aside for future drilling and development operations. A solar land lease is a long-term agreementtypically around 25 yearsbetween a landowner and a developer, wherein the landowner receives rental payments from the developer. Required fields are marked *. Typically, the average term for our land leases are 25 years but this can vary depending on the region and the project. A solar land lease is a long-term agreementtypically around, begins with an approach from either the developer or the landowner and, if the parcel of land is promising, the developer will likely propose either a lease or a pre-lease option which includes a lengthy period of due diligence. SolarLandLease(SLL) saves landowners time and increases the likelihood that your land will be leased to a solar developer. Additionally, make sure that this utilization of land wont violate any current arrangements with governmental programs. You must verify this before you start the building process because it can be costly to realize youve made a mistake after the fact. Our partnerships allow us to collaborate with other like-minded organizations that share a desire to create a more sustainable, resilient and equitable world for present and future generations. Financing. Yes, if your minerals are already leased, youre still able to lease your land for a solar farm. Indiana, Georgia, Tennessee, and Washington are now offering a community choice option (CCO) for alternative renewable energy. We are dedicated to exceeding the expectations of our clients by developing tailored approaches and solutions to meet their needs. Additionally, the size of the project will have an impact. Are Virtually Invisible: Once the vegetation buffer zone has matured, the farm will be hidden from view. While a minority of people do this, it can be the right option for some. is a project development company responsible for commoditizing energy infrastructure projects. The Process: 3 Easy Steps Tell Us About Your Land Fill out our simple online form. With growing demand for clean energy solutions across the country, and the increased availability of renewable energy incentives at federal, state, and local levels, developers and landowners are teaming up to construct solar farms nationwide. Leasing your land for a solar farm simply brings in a second source of income. Many of our solar farms are pollinator friendly, boost local biodiversity and have co-located agriculture. You can find more details on our blog, but the key factors are: Even if your land doesnt check all of these boxes, dont hesitate to complete the online form. Among other things, this means the acreage is flat, continuous and in relative close proximity to existing utility substations. In your lease, make sure you outline who will be paying for these taxes. Solar Leasing vs Solar Buying: Pros and Cons of Ownership - Palmetto 7-1-617/A, 203, 2nd floor, Imperial Towers Top producers in this space include Chinese companies like JinkoSolar, Trina Solar and JA Solar. David and Loni are third-generation farmers in Montevideo, Minnesota with a 46-acre plot of available land for solar. Looking Into Land Lease Options? Consider A Solar Farm Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased. an array of opportunity for beneficial dual use. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Top Solar Leasing Companies: Comparison Table | EnergySage Top solar leasing companies: Comparison table This table is an attachment to the article: COMPARE THE TOP SOLAR LEASE COMPANIES: SOLARCITY, VIVINT, NRG, SUNGEVITY, SUNRUN, ASTRUM, SUNNOVA, SUNPOWER, CLEAN POWER FINANCE This timeline largely depends on your utility company, how long it takes to get connected to the grid, and local permitting and approval processes. Once youve claimed ownership of your parcel, you can see the value of your property. Land Leasing Opportunities - Lease Your Land for Solar Farms - Harvest Solar. If the minerals have not been leased, the solar developer will contact the mineral owner in hopes a deal can be made before minerals are ever leased. Adjacent Property: Adjacent property may be needed for access, easements and other uses arising from the solar farm project. It is free to list your interests and there is no obligation to accept offers. But generally, for Utility Scale Solar Farms, the developer will pay you $10 - $40 per acre per year for a 2-6 year option to lease. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. In 2014 and 2015, Texas had the most solar farms operating in the United States. It only takes a few minutes to get the process started. We visited Bruce Shaw at his farm in Jefferson County to talk about his experience with his solar farm. The pros and cons of signing a solar lease - Choose Energy Get A Free Quote. claim ownership of your parcel on our map. On average, a 1-megawatt photovoltaic farm can generate about 10,000 MWh (megawatt-hours) per year. We can help. Efficiency ratings for solar panels generally range between 14 and 24 percent. Use Minimal Water: Periodically we will need to wash the dust off the panels, but thats about it for water usage. Larger utility scale projects could require 100 acres or more. Farm rental income is considered a favorable revenue stream by banks and lenders, which has allowed our solar farm landowners to successfully secure further financing using the rental income. How to Get a Solar Farm on Your Land | Verogy Solar farms are costly. A solar lease is a financial arrangement where the company that installs your solar panel system retains ownership, and you pay a fixed monthly amount to use the system and receive any electricity it produces. Half mile my property theirs a solar starting to build. Your land can still be used to graze livestock as well. This is often much longer than landowners anticipate. Active renewable projects | Bureau of Land Management Find your parcel on our map and follow the process to create a listing. Ask for a developer's references and contact them. In the U.S., the value of solar energy far exceeds the cost of solar panels, which means that solar farms can be very profitable (depending on the investment return required). We help landowners quickly and easily make extra income on their land and ensure they are getting a fair offer. I have 240 acres which includes my 2 houses and some more personal property. Are energy-efficient appliances worth it? It interferes with government programs and benefits. 38 acres cleared farm land for solar panels lease. There are no additional costs required from the landowner. Hello Armando Can I have phone numbers I can talk to people about my 40 acres I can lease . This way, landowners who want to continue with traditional farming or keep portions of their land available for other uses, have the freedom to do so. Many solar companies hire people to do all of this work. I finally have an idea what owning mineral land entails and can confidently make wise decisions moving forward thanks to him. I am grateful because of the information he was able to provide it is definitely going to help in the near future. Every 1 MW of solar farm capacity requires around 2 acres of solar panels. Your solar developer will work with you and the operator to ensure that the correct location is selected to ensure drilling is not interrupted. Need help from a Land Expert? You want to work with a reputable solar developer who can keep you informed throughout the process no matter what stage youre at. A large plot may be a few hundred dollars per acre. You can continue to use your land for farming operations as long as they mesh well with solar. I could tell he enjoys what he's doing and I will keep him updated on everything to do with the mentioned mineral land. Solar is a top source of renewable energy across the globe. You take it from there. Some landowners can lower their electricity costs to zero for certain parts of the year. Solar farm development shouldnt interfere with your farming operations. As a good neighbor, solar farms dont have wild parties or play polka music at 1am! We are Smart Energy USA and our mission is to help people become energy independent. Leasing land for solar farms is another way to make money. When you lease to solar companies as a farmer, you help to sustain the farming industry for future generations. Its a secure and suitable option to make passive income while providing clean energy for your community. Get in touch with us today power up your knowledge 5 Questions You Should Ask Before Leasing Your Land for a Solar Farm We bring distributed energy and smart long-term renewable energy solutions to local communities while empowering everyone with energy choice. All Rights Reserved. Keep in mind local towns and authorities usually do not permit full coverage of the entire parcel AND extra space is required for additional solar equipment. After 40 years of working the land, they were open to exploring other sources of income and changing the use of their land. There's no cost or obligation to you. A one-acre plot may cost $65 to $70 per month in California (with or without a contract). This benefits you as the landowner because you earn a regular income stream (up to $2,000 per acre annually). Landowners often wonder if their land qualifies for solar leasing. The time it takes for solar company to put solar farm in 3 to 12 months are you being compensated as owner of land? Are solar developers really that different from a broker or land agent? Is it possible to sell my land instead of leasing it? If they have been leased, the developer will attempt to coordinate with the oil and gas company in an effort to ensure they can install solar panels on your land. Thank you so much Dan you've been a blessing!! My property currently has an 18 hole golf course on it. Our approach to landowner partnerships stems from our deep knowledge of the rural economy. In a fixed annual rent payment lease, the landowner will not benefit from higher future electricity prices. We focus. 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. Find your property and see how close you are to the nearest substation and transmission line.