Solar Farm Lease Rates In Pa

I think there has to be a different consideration for farm land leased for solar versus farmland leased for crops.

Solar farm lease rates in pa.

Restriction of future leases. Companies are advertising in farm magazines in an attempt to coerce landowners to sign up their land for solar. Your lease may preclude you from signing an oil and gas lease farmland rental timber agreements or other leases agreements. This article looks at the factors that influence the rates a solar developer may offer for your land.

However like all potential rewards risks also come. Not so with a long term solar lease. 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. I think my option will bring in a higher than average rent for a solar farm but it came with a price.

This is a good thing for landowners as it makes the job of projecting lease revenue much simpler. Converting farmland to solar this is a long term. Therefore contractually fixed rental rates on a per acre basis are the most common structure for solar farm land leases. The short answer is it depends but solar lease rates also called rents typically range from 250 to 2 000 per acre per year.

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.