Dan McCue got back with me in less than a week. Secure long-term fixed income while combatting our global climate crisis. Contact Us In your lease, make sure you outline who will be paying for these taxes. Land for solar leasing will be worth more if it is clear of trees and structures. Not only do you earn a nice check from leasing your land, but you can also save a lot on your power bill. Yes, you can still lease your land for solar if someone else owns the minerals. The amount of sunlight that hits your land might seem like a major driver for solar value but, perhaps surprisingly, it is not. Indiana, Georgia, Tennessee, and Washington are now offering a community choice option (CCO) for alternative renewable energy. Be sure to keep this number in the back of your mind as you go through this process itll likely take longer than you think! . The life of our solar projects spans from 30 to 40 years, so we will enter into a long-term lease agreement with a landowner. It is a great opportunity for landowners to generate stable income for 25+ years at a premium. Our Patent-pending Agrivoltaic method allows for farming and agricultural use of the land between Solar Panels, 1050 King St W, Suite 03A104, Toronto, M6K 0C7, 440 N Barranca Ave #7655, Covina, CA 91723, Waszczyka 1a/4, 65-001 Zielona Gora Our approach to landowner partnerships stems from our deep knowledge of the rural economy. We will review your information and be ready to tell you all the tax incentives and rebates in your area. Reputable solar developers take the time (often over a year) to go through this process. ENERGYSAGE is a registered trademark and the EnergySage logo is a trademark of EnergySage, Inc. Other trademarks are the property of either EnergySage, Inc. or our licensors and are used with permission. 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. Assignment of Overriding Royalty Interest, Surface Use and Damage Agreement (General TX). We are using cookies to give you the best experience on our website. Future needs for electricity in your area, ease of access to your property, and supply and demand for solar sites in your area also factor in. Solar Leasing Explained: What You Need To Know - Forbes Home How much does a solar farm pay for your land? If you need an advisor, we recommend consulting a financial planner or attorney.
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