Lease Land For Solar Farm Texas

These leases tie up property for a significant period of time so it is important to carefully evaluate the lease terms.

Lease land for solar farm texas. The solar developer or whoever ultimately owns the solar farm built on your property will maintain the farm at their expense. For example a typical utility scale solar farm covers only 1 500 to 2 000 acres while a typical utility scale wind farm might cover 250 000 acres. For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. Leasing your land to a solar farm is a great way to do your part in helping the united states convert to a cleaner renewable economy.

The solar farm won t make any noise or emit any pollution so it won t bother you your neighbors or any animals. What issues do i need to be aware of. The above cost is non inclusive of the license fees and value of the land. In general solar is a higher value use for land compared to agriculture and so mostly good business deals can be struck with solar.

Though a largesolar farm. 6 more than 100 times as many as a solar farm. For example non irrigated land may go for less than irrigated row cropland and a commercial timber operation in georgia or cattle ranch in texas would warrant less than a california vineyard or tomato farm. I ve been contacted by a company wanting to enact a solar lease on my land.

First even though solar farms typically require less maintenance than other forms of energy generation they can still have a dramatic effect on the local surroundings. Before leasing land for a solar farm there are a few items that property owners should take into consideration. On average 1 acre solar farm cost about 500 per month to lease in the united states. Leasing land for solar or energy storage provides landowners with long term lease income.

As always i highly recommend that landowners consult an experienced attorney to review any lease agreement including a solar lease before it s signed. The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels. While solar leases and wind leases bear a number of similarities they also differ in important ways. They ll even pay all of the property taxes on the land.

As stamford texas attorney james decker explained we re still early in the era of solar energy development in. A solar garden constructed on ten acres can offset the equivalent amount of co2 as 2 950 acres of u s. According to a texas attorney who frequently represents solar companies in lease agreement negotiations these lease agreements typically last between 20 30 years. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.