Is a solar land lease right for You?

By leasing land to solar developers, landowners can receive long-term passive income with predictable rates as well as a vast range of other benefits. Learn how a solar land lease might be right for you! What is a Solar Land Lease?

How do I get a land lease for a solar farm?

You’ll need to connect with a solar developer to secure a land lease for a solar farm. By following these four steps, you can put your land to use generating solar energy: If developers haven’t tried to connect with you already, research which solar developers are offering solar farm leases in your area.

How does a solar lease work?

The solar company conducts feasibility studies to assess the land’s potential for solar power generation. If the land meets the requirements, the company will negotiate a lease agreement with the landowner, specifying the lease duration, rental rates, and other terms and conditions. What are the benefits of leasing your land for solar?

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.

Do landowners get paid for a solar project?

The landowner typically receives annual lease payments or in some cases, may even sell a portion of their land for the solar project. The lease payments become a source of passive income for the landowner and help increase the use of clean energy.

How long is a solar land lease?

A solar land lease typically is a long-term agreement spanning twenty to forty years. Several factors can determine the lease length, such as the life span of the solar equipment and the return on investment (ROI) for the solar company leasing the land. Landowners receive rental payments monthly from the solar developer based on per-acre use.