Leasing Land For Solar Farm In Illinois

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.

Leasing land for solar farm in illinois.

The companies are offering four to six times the amount per acre as an owner could receive leasing the land for farming. Rather we focus our attention on small utility scale solar farms that generate anywhere. They ll even pay all of the property taxes on the land. The above cost is non inclusive of the license fees and value of the land.

On average 1 acre solar farm cost about 500 per month to lease in the united states. The solar farm won t make any noise or emit any pollution so it won t bother you your neighbors or any animals. A solar garden constructed on ten acres can offset the equivalent amount of co2 as 2 950 acres of u s. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.

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. For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. As always i highly recommend that landowners consult an experienced attorney to review any lease agreement including a solar lease before it s signed. 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.

A solar farm land lease is available in michigan ohio iowa illinois wisconsin nebraska and more. Installing a solar farm on farmland could cause the land to lose its current agricultural use value status since. I ve been contacted by a company wanting to enact a solar lease on my land. Before leasing land for a solar farm there are a few items that property owners should take into consideration.

The solar developer or whoever ultimately owns the solar farm built on your property will maintain the farm at their expense. A landowner who enters into a solar lease should expect to have solar panels on his or her farm for 40 to 50 years. It should not be surprising then that there would be big differences in solar farm lease prices throughout the u s. We are not developers of massive solar farms spanning thousands of acres.

Harvest solar helps farm and agribusiness owners save money by leasing land for solar farms. Lease your land for a solar panel farm today. Solar leases are long term usually at least 20 years initially with an option to renew for another 20 to 25 years. Since agricultural land is a prime target for developers.

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. As stamford texas attorney james decker explained we re still early in the era of solar energy development in.