Lease of land for solar photovoltaic panels

Does leasing land for solar farms pay off?

Landowners and communities throughout North America are seeing first-hand how leasing land for solar farms and other renewable energy projects pays off. Allocating a portion of your land to lease for an energy project opens up a diversified and dependable income stream.

How do I lease solar panels?

You can also lease the land to a company, university, or municipality that purchases the solar panels outright. Or you can lease your land to a solar developer like Verogy, who owns the solar panels and sells the energy to a company, university, or municipality through a power purchase agreement (PPA).

Can You Lease Solar Land?

Of course, utility scale solar projects aren’t your only solar land leasing options. You can also lease the land to a company, university, or municipality that purchases the solar panels outright.

Is solar land leasing a good investment?

The solar land leasing market is dynamic and rapidly evolving, with lease rates trending upward in many regions. For landowners, particularly in areas with strong renewable energy policies and high demand, leasing land for solar development can offer an attractive, stable income stream.

Should you Lease Your farmland to a solar farm?

The primary reason a landowner might lease their farmland to a solar farm is the potential for steady income. Solar leases can provide a reliable revenue stream, often more predictable and lucrative than traditional farming, especially if the land is not otherwise being used efficiently. 5. What Are The Risks Of Solar Leasing?

Are solar land lease rates one size fits all?

However, solar developers do not follow a “one size fits all” model when awarding solar land lease rate values. Developers must thoroughly evaluate the land to determine what a lease rate may be worth. What Determines Solar Land Lease Rates?