The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels.
Rent my land for solar panels.
However there s a lot to take into consideration before entering into a solar lease with a developer and to help our readers better understand the nature of solar farm lease rates this article will discuss the importance of solar development in the u s how land for solar development is evaluated and how landmark dividend can help.
For example for a 1 mw solar power plant installation the solar farm land requirements would be around 4 acres when using a crystalline technology.
Big projects can require up to 5 000 acres.
Larger tracts over 100 acres for major power plant projects commonly rent at 300 to 500 an acre across texas and normally around the 500 acre range across most of the southeast.
Through solar land leases landowners can create decades of long term income a financial legacy for your family and your land.
Even in rural areas of north carolina or california where demand for small solar sites is high rent over 1 000 acre would be common by a substation with capacity.
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.
Solar farms generate energy without any harmful byproducts or carbon emissions.
Whether landowners are interested in increasing the revenue your land generates land banking your property until more lucrative future development opportunities are available or being part of the paradigm shift to renewable energy a solar ground lease is a fantastic option for landowners.
Generally the more land you have the more attractive it is to developers.
7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations.
When we use thin film technology a 1mw plant will require an average of 4 5 to 5 acres of land.
Also market demand for solar energy is higher in certain areas than others.
Certain parts of the country receive much more sunlight than others which makes them more desirable for a solar farm.
Periodically we will need to wash the dust off the panels but that s about it for water usage.
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.
Due to the self sustaining nature of solar power generation there is very little traffic associated with operating a solar farm.
If a property is suitable for ranching or farming the property owner can probably earn more money renting the land out for these uses.
To be cost effective a solar panel installation needs a large parcel of contiguous land according to the university of arizona.
In other terms we can say that for each 1 kw of solar panels you need 100 sqft of an area on.
