Rent Out Land For Solar Panels

A solar panel installation is a relatively low value use for land.

Rent out land for solar panels.

There are hundreds of solar developers in the united states. This means that for a 1mw solar pv power plant the area required is about 2 5 acres or 100 000 square feet. Whether the landowner does not own water rights or the land will not produce anything when it is farmed a solar site lease can drastically increase the value of an otherwise dormant piece of land. Rather than spending time to find each one and filling out multiple contact forms you only need to do it once with sll.

Transferring ownership of the land to another. To be cost effective a solar panel installation needs a large parcel of contiguous land according to the university of arizona. 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. Most lenders will agree a loan on a property with leased solar panels provided the contract meets certain conditions one of them being that the installing company be accredited the installation.

In return they will allow you to power your home with the electricity generated by the panels on your roof. 7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations. By participating in a solar site lease you convert your roof or land into revenue and help ratepayers in your community that may be unable to host or own an array receive the benefits solar electricity. Site leases are one of the many great ways to become a part of the solar energy community.

One of the most obvious candidates for a solar site lease is a piece of dormant land. If a property is suitable for ranching or farming the property owner can probably earn more money renting the land out for these uses. 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. Rent a roof installers will offer to install solar panels on your roof free of charge in exchange for them being able to claim the feed in tariff payments for the electricity generated.

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.