This is a good thing for landowners as it makes the job of projecting lease revenue much simpler.
Solar farm lease rates per acre.
The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.
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 this article looks at the factors that influence the rates a solar developer may offer for your land.
The most commonly asked question by landowners regarding solar farms is how much can i lease my land for.
This blog article has introduced a few of the many of issues to consider before entering into a utility scale solar lease agreement.
Is a utility scale solar project subject to the public utility tangible personal property tax.
Who will maintain the land.
For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres.
What are the per acre lease rates for utility scale solar projects.
Solar farm acres per megawatt.
Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually.
Companies are advertising in farm magazines in an attempt to coerce landowners to sign up their land for solar.