1031 exchange and your solar lease taxes are one of the first concerns that comes to mind for our clients when it comes to monetizing their solar lease because the proceeds of a solar lease buyout are taxed at a capital gains rate solar landlords often see a reduced tax burden on the proceeds from their lease compared to the taxation of their regular income.
Rent land for solar panels.
Because of the relatively small size of our solar projects the parcels we look at for land lease can be anywhere from 20 continuous acres up to 150 continuous acres or more depending on the project.
Our lease agreement should be viewed in the same way as leasing your land for agricultural crops or pasture land.
We handle everything from assessing your site and providing lease rates to permitting environmental studies and interconnection.
Rather than spending time to find each one and filling out multiple contact forms you only need to do it once with sll.
This means that for a 1mw solar pv power plant the area required is about 2 5 acres or 100 000 square feet.
Landowners can earn long term lease income for each acre of land that is available for solar farm projects often through community solar programs.
The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels.
Even in rural areas of north carolina or california where demand for small solar sites is high rent over 1 000 acre would be common by a substation with capacity.
Whether landowners are interested in increasing the revenue your land generates land banking your property until more lucrative future development opportunities are available or being part of the paradigm shift to renewable energy a solar ground lease is a fantastic option for landowners.
Leasing land for solar or energy storage provides landowners with long term lease income.
As well as providing a steady and reliable income to the landowner hosting a solar project enables the harvest of clean renewable energy from the sun benefiting the local community and the environment.
Lease land for solar farm.
However it s important to keep in mind that this amount of land is just for the panels themselves and doesn t include the space required for other solar equipment which can bring the total closer to about 4 acres for a 1mw farm.
Larger tracts over 100 acres for major power plant projects commonly rent at 300 to 500 an acre across texas and normally around the 500 acre range across most of the southeast.