As stamford texas attorney james decker explained we re still early in the era of solar energy development in texas.
Solar farm land lease rates texas.
Solar leases aren t overly complicated.
Major elements of the texas solar energy lease the following is a brief review of the major elements of texas solar leases.
Essentially belltown power texas would become a tenant on your property.
We handle everything from assessing your site and providing lease rates to permitting environmental studies and interconnection.
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.
4 see appendix a solar lease template pg.
The benefit to you is the rent you collect for the use of your 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.
I think there has to be a different consideration for farm land leased for solar versus farmland leased for crops.
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.
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.
The popularity of solar leases has increased significantly in the last year.
It was a 51 acre parcel but only 31 acres will be utilized.
How are solar farm land lease rates determined.
Often a solar farm requires numerous continuously placed panels that would prevent other uses to be made of the surface of the land.
I think my option will bring in a higher than average rent for a solar farm but it came with a price.
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.
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.
5 ten important issues to consider for a balanced marketable and financeable greenfield solar ground lease mercer thompson llc sept.
Crops come and go in a year.
Cultural land to lease to build solar projects.
Landowners can earn long term lease income for each acre of land that is available for solar farm projects often through community solar programs.
Not so with a long term solar lease.
Lease rates can be very enticing for agricultural landowners especially when commodity prices.
