Now you have a new alternative to earn income from your land and provide additional financial security for your family for years to come, without negatively impacting your land or the environment. By dedicating your land to the development of a solar facility, you can make a larger and more sustainable contribution to both your bottom line and your community.
Here's a few common questions we get asked...
How much land is needed to build a solar facility?
Most projects we are developing require a minimum of 30 acres.
How will my land be developed?
The land development process is simple:
You enter into an option agreement for the development of a new state-of-the-art solar facility
In return, you receive option payments while we acquire permits and complete engineering
The project is designed to code and ensures adherence to safety standards
We obtain the necessary permits to build the project; during this time you are free to continue using your land
We maintain the panels for the lifespan of the project, which is a term of up to 40 years
How long does it take to build a solar facility?
From signing the option agreement until the facility is producing energy is typically 18-36 months. Depending on the size of the project, the actual construction time is generally 6 to 12 months.
What happens at the end of the solar facility's lifespan?
The appropriate collateral is set aside to fund the solar facility's decommissioning at the end of its useful life. The land is returned to its previous condition and ready for agricultural use or however you wish.
Are there any impacts to neighbors and property values?
Solar facilities don't generate onsite pollutants, make noise, or increase local traffic once construction is completed. The land retains most of its natural low lying vegetation and the solar panels have a low profile which can be buffered with vegetation. The studies that have looked at the potential impact of a solar facility on property values have found little evidence of an adverse effect. Solar facilities do not create the type of issues that would cause a decrease in property values.
What are the biggest benefits to using my land for solar?
You will have a reliable long-term revenue stream, without the expenses associated with typical farming operations
Reduced tax liability; the solar facility pays the property taxes on the portion of land that is leased
The land remains fallow and pesticide free for over 20 years and is well prepared to return to farming in the future
Enhanced long-term soil health from deep rooted vegetation, which adds nutrients and improves soil quality