Solar Farm Land Lease Rates Colorado

Solar ground leases can last between 15 and 30 years with most lasting around 20 to 25 years which coincides with the useful life expectancy of solar pv panels.

Solar farm land lease rates colorado. Companies are advertising in farm magazines in an attempt to coerce landowners to sign up their land for solar. For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average. How are solar farm land lease rates determined.

The popularity of solar leases has increased significantly in the last year. I had a solar company approach me about leasing my land out for solar power to then sell back to the power company. This survey is typically conducted every three years. The board adopted a tiered grazing rate structure effective january 1 2016.

Opportunities exist to make major income from solar leases as companies advertise lease rates of 800 to 1 200 per acre annually. The above cost is non inclusive of the license fees and value of the land. On average 1 acre solar farm cost about 500 per month to lease in the united states. My question is what would be a reasonable price per acre to lease land for solar.

Using this data the board may adjust rates to reflect the changes in private rates. Solar farm land lease rates in the right locations solar is one of the most profitable uses of rural land. The land board tracks grazing rates through a statewide survey of private leases. 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.

The solar farms we develop require large amounts of land where we will ultimately place tens of thousands of solar panels. The lease would be a 20 yr. The most commonly asked question by landowners regarding solar farms is how much can i lease my land for. 7x energy is an established well financed developer of solar farms that provides clean energy to utilities municipals cooperatives and corporations.

They would lease a minimum of 20 acres. However pinning down an exact figure of what land should rent for can be a challenge for landowners because of the wide range of data found on the internet. Depending on field access one of those smaller fields may no longer be accessible if a solar project is constructed in the middle of the existing large field. I live right next to a power station.

See the 2016 grazing rate chart for current rates.