Solar Farm Land Lease Rates Colorado

Once the lease term expires all solar equipment is removed and the property is returned to the owner in either a ready to plant or a ready to develop condition.

Solar farm land lease rates colorado. 7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations. The board adopted a tiered grazing rate structure effective january 1 2016. Using this data the board may adjust rates to reflect the changes in private rates. Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually.

The popularity of solar leases has increased significantly in the last year. Solar farm land lease rates in the right locations solar is one of the most profitable uses of rural land. Crops come and go in a year. Solar ground leases can last between 15 and 30 years with most lasting around 20 to 25 years which coincides with the useful life expectancy of solar pv panels.

I think there has to be a different consideration for farm land leased for solar versus farmland leased for crops. 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. Depending on field access one of those smaller fields may no longer be accessible if a solar project is constructed in the middle of the existing large field. The most commonly asked question by landowners regarding solar farms is how much can i lease my land for.

The short answer is it depends but solar lease rates also called rents typically range from 250 to 2 000 per acre per year this article looks at the factors that influence the rates a solar developer may offer for your land. Not so with a long term solar lease. The land board tracks grazing rates through a statewide survey of private leases. It was a 51 acre parcel but only 31 acres will be utilized.

The question remains just how much do solar farms pay to lease land over the course of thirty years the rent will accumulate into the hundreds of thousands of dollars. The solar company may only end up leasing a portion of the property and then as a land owner you could be left with two small fields with a solar farm in the middle. The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels. This survey is typically conducted every three years.

See the 2016 grazing rate chart for current rates. How are solar farm land lease rates determined. 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.