Solar Farm Land Lease Rates Virginia

Virginia farm rental rates are dependent on soil quality and moisture content in addition to local farmer demand.

Solar farm land lease rates virginia. How are solar farm land lease rates determined. With a local solar project the community also benefits from more local jobs discounted energy and a healthier cleaner environment. Solar farm land lease rates in the right locations solar is one of the most profitable uses of rural land. The united states department of agriculture s usda national agricultural statistics service nass each year compiles an average rental rate for each county.

The 2014 rates for the counties surrounding. What annual payment will i receive in exchange for granting the option to use this land for a solar farm what payments will be made prior to the start of any solar project. 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. The most commonly asked question by landowners regarding solar farms is how much can i lease my land for.

Lease your land to a solar company. It is a great opportunity for landowners to generate stable income for 25 years at a premium. The numbers below indicate the dollar per acre per year ac yr. 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.