Rent Out Land For Solar Panels

One of the most obvious candidates for a solar site lease is a piece of dormant land.

Rent out land for solar panels.

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. There are hundreds of solar developers in the united states. 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. Solarlandlease sll saves landowners time and increases the likelihood that your land will be leased to a solar developer.

In return they will allow you to power your home with the electricity generated by the panels on your roof. A solar panel installation is a relatively low value use for land. Amount of land available for a typical solar installation the general rule of thumb is that for every 1kw of solar panels needed the area required is approximately 100 square feet. 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.

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. To be cost effective a solar panel installation needs a large parcel of contiguous land according to the university of arizona. This means that for a 1mw solar pv power plant the area required is about 2 5 acres or 100 000 square feet.

Rather than spending time to find each one and filling out multiple contact forms you only need to do it once with sll. Site leases are one of the many great ways to become a part of the solar energy community. 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. 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.

Transferring ownership of the land to another.