Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.
Companies renting land for solar panels in the southeast.
Solar energy in america is on the rise.
We are not developers of massive solar farms spanning thousands of acres.
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.
A mark allen group.
A landowner who enters into a solar lease should expect to have solar panels on his or her farm for 40 to 50 years.
Learn about the various solar leasing companies.
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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.
Here is a comprehensive list of banks and solar leasing companies for you to consider.
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.
Solar leases and ppas are a good option to finance your solar panel system.
Rather we focus our attention on small utility scale solar farms that generate anywhere.
The more buyers of renewable energy in your state utility companies or big corporations like wal mart or google the higher the demand for land.
The lease should require the solar company to pay any.
Renting land for a solar farm is a commercial lease and is not an agricultural use so agricultural property relief from inheritance tax may be lost.
According to the solar energy industries association seia in 2016 solar installations represented the largest source of new energy generating capacity in the united states beating out other green energy rivals like as natural gas and wind.
Besides being able to sell solar energy readily at a good price developers naturally care about their costs.
The lower the development barriers the higher the demand for land.
A land lease that makes the most of your space.
Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased.
The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels.
However for farmland owners that have historically used their land for agriculture a solar ground lease offers a more profitable and reliable income stream.
As states establish new renewable energy goals and incentives there s a growing opportunity for landowners and commercial property owners to lease their land or rooftops for solar.