Rural solar panels rent yard

Should you lease land to a solar farm?

However, the presence of solar panels can improve your future land values. Land leasing for solar also provides you with a steady, reliable income. While these are great benefits, you should also know your own personal reasons for leasing the land to a solar farm. Do you want to get involved with renewable energy?

What is a solar land lease?

A solar land lease is an agreement between a developer and a landowner where the landowner rents land to a developer to house photovoltaic solar arrays and develop solar energy. A solar land lease typically is a long-term agreement spanning twenty to forty years.

Should solar energy be located on farmland?

Locating solar energy on farmland could significantly increase the available land for solar development, while maintaining land in agricultural production and expanding economic opportunities for farmers, rural communities, and the solar industry.

Will agricultural land be used for solar energy?

Agricultural land in the U.S. has the technical potential to provide 27 terawatts of solar energy capacity. This is a quarter of the total U.S. solar energy capacity of 115 TW. Only 0.3% of farmland is expected to be used for solar energy by 2035. Will using land for solar panels drive up the price of food?

How do I choose a solar panel farm?

First, take a look at your land. If it’s a flat, open space that’s 20 to 25 acres, your land is a good candidate for an average-sized solar panel farm. You should also know that once a solar developer installs the solar panels, they’ll have very little impact on the physical state of your land.

How much does a solar farm lease cost?

See below for more on what makes your land ideally suited for a solar farm. Granted your property adheres to all necessary solar farm land requirements, the typical solar farm lease rate varies between $600 – $1,200 per acre for every year of your contract.