Leasing your land for the placement of a solar photovoltaic development project allows you to gain long-term revenue from your property lease, enhance the value of your land for re-sale purposes, and keeping your property intact without having to subdivide any pieces of the property. Many landowners own land in which they can’t decide what to do with it. Solar energy investing might be the best move you can make for putting your unused land to purposeful use, and you’ll be getting paid for it as well.
Not only are you helping yourself save money, produce revenue, and help the environment, you’re also allowing other people to obtain resourceful and natural energy to power their homes and businesses.
Whether you are in the agricultural industry as a farmer trying to add revenue to your farm while continuing to work, a landowner without any ideas how to use your land, a real estate owner looking to cut costs on building expenses, or a commercial and industrial building owner, leasing that property out for solar energy production is one of the most beneficial things you can do to help yourself and others.
What will your land need in order to be leased for solar?
The ideal size for a five-megawatt system is at least 30 acres developing a standard solar field and 40-50 acres for an Agricultural Solar system. The smallest land area that is economically feasible for an investor owned system is 10-18 acres, which would yield a two to three-megawatt system.
Having access to utility grid infrastructure is important and does not need to be near a transmission corridor, but it needs to have a reasonable access to a three-phase electrical service. Good exposure to the sun is crucial, but also, be ready for a long-term commitment: solar farms offer amazing benefits for the long run, and it’s important to recognize this. Plan for the future with solar energy.
At Pope Energy, we’re in the solar energy business of helping landowners lease their property for large-scale photovoltaic solar projects. We also have financing opportunities for you to apply for because we know that not everyone can afford the entire cost up front. We understand that the future is solar, and we want every landowner to be investing their money in a rewarding long-term investment, rather than something quick and short lives.
Benefits of leasing your land for solar
Not only can you create a substantial source of additional income for your property, but you can also create a brighter, greener future for the surrounding community. If you have extra land available, why not put it to work generating renewable energy? Give your land a purpose for you and the community. Owning land is very important in today’s day and age, so why not make it useful with solar energy solutions from Pope Energy.
That is community impact on a much greater level.
Our solar management team at Pope Energy will help you discover the value that solar energy can bring to your land. If you’re interested in learning more about solar leasing, and whether your land qualifies, please call us at 855-767-3363 today!