Solar Farm Lease Rates In Pa
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 farm lease rates in pa. As you consider leasing your land for a solar farm there are many things to consider including. However like all potential rewards risks also come. 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.
I think there has to be a different consideration for farm land leased for solar versus farmland leased for crops. It was a 51 acre parcel but only 31 acres will be utilized. Your lease may preclude you from signing an oil and gas lease farmland rental timber agreements or other leases agreements. This is a good thing for landowners as it makes the job of projecting lease revenue much simpler.
When a property catches the attention of a solar developer they will usually send out a surveyor to determine whether or not the property meets certain. Therefore contractually fixed rental rates on a per acre basis are the most common structure for solar farm land leases. Converting farmland to solar this is a long term. Not so with a long term solar lease.
Crops come and go in a year. Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually.