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.
Compaines looking to lease land for solar panels.
The quick expansion in the solar industry has come as a result of two major factors.
It should not be surprising then that there would be big differences in solar farm lease prices throughout the u s.
Whether you have a portfolio of properties or a single site we work with you to identify unused land and expansive rooftops ideal for leasing to a system owner.
Since agricultural land is a prime target for developers.
A landowner who enters into a solar lease should expect to have solar panels on his or her farm for 40 to 50 years.
Even within states the variance of land prices can be large and mainly has nothing to do with solar farms but rather the more common uses of property.
Solar developers pay anywhere from a few hundred dollars up to a few thousand dollars per acre leased.
A land lease that makes the most of your space.
Rather we focus our attention on small utility scale solar farms that generate anywhere.
Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.
However for farmland owners that have historically used their land for agriculture a solar ground lease offers a more profitable and reliable income stream.
Installing a solar farm on farmland could cause the land to lose its current agricultural use value status since.
7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations.
Solar leases are long term usually at least 20 years initially with an option to renew for another 20 to 25 years.
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.
The amount of land we can use is determined by the site characteristics topography hydrology planning geology etc.
The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels.
Depending on field access one of those smaller fields may no longer be accessible if a solar project is constructed in the middle of the existing large field.
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.
Things to consider before signing your solar lease.
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.
We are looking for a minimum of 20 acres.
The solar company may only end up leasing a portion of the property and then as a land owner you could be left with two small fields with a solar farm in the middle.
Enough to power 300 homes per year.
