Solar Farm Land Lease Rates Texas

4 see appendix a solar lease template pg.

Solar farm land lease rates texas.

The benefit to you is the rent you collect for the use of your land. Solar leases aren t overly complicated. Landowners can earn long term lease income for each acre of land that is available for solar farm projects often through community solar programs. Determining the value of a solar farm lease rates usually comes down to a two step process consisting of an evaluation of the land itself and the actual lease negotiation.

As stamford texas attorney james decker explained we re still early in the era of solar energy development in texas. Essentially belltown power texas would become a tenant on your property. Major elements of the texas solar energy lease the following is a brief review of the major elements of texas solar leases. Lease rates appear very enticing particularly when commodity prices are low but landowners should seek advice from straightforward practical minded legal counsel to minimize unintended consequences and avoid a deal that.

The same is often not true for solar leases. However pinning down an exact figure of what land should rent for can be a challenge for landowners because of the wide range of data found on the internet. How are solar farm land lease rates determined. Lease rates can be very enticing for agricultural landowners especially when commodity prices.

We handle everything from assessing your site and providing lease rates to permitting environmental studies and interconnection. It was a 51 acre parcel but only 31 acres will be utilized. I think there has to be a different consideration for farm land leased for solar versus farmland leased for crops. Companies are advertising in farm magazines in an attempt to coerce landowners to sign up their land for solar.

Solar farm land lease rates in the right locations solar is one of the most profitable uses of rural land. The benefit for us is we can develop and construct a solar farm that produces clean renewable energy that we sell to an end user. 5 ten important issues to consider for a balanced marketable and financeable greenfield solar ground lease mercer thompson llc sept. Based on this landowners evaluating solar leases should usually assume the lease payment will be the only income for the property and negotiate accordingly.

The popularity of solar leases has increased significantly in the last year. Solar energy development in texas is still in its early stages and there is surprisingly little information available for landowners considering the pros and cons of entering into a solar lease agreement. Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually. Crops come and go in a year.

Not so with a long term solar lease.