Solar energy is a hot topic in today's society. You may have seen the solar panels on your neighbor's house, or you might have even considered installing them yourself. But what about leasing out your property for a solar farm? This article will discuss how to do so and talk about the benefits of leasing your land or property for solar farm development.
The process of leasing your land to a solar company is relatively quick. First, you will request for us to assess your property so we can determine if it's suitable for this type of development. Some key features that make for a good solar farm are flat land, access to roads and nearby transmission lines. We look for large parcels of land that are at least thirty acres in size. If your property has these features then it increases the likelihood that it will be suitable for solar development.
One of the main benefits to leasing your land for a solar farm is that you get paid! You are generally offered a monthly lease rate which is based on the size of the property and the potential generation capacity of the project proposed on that site. Because the revenue is generated for 30+ years, the lifetime of the project, this income can potentially last into your families next generation.
Our landowners indicate a multitude of reasons for deciding to lease their land, but the primary reason is to protect their financial future and create a steady income. Some of our landowners are interested in protecting themselves from inflation, paying for their children’s college education or even saving up enough money so that they can retire someday without having to worry about not being able to afford everyday living expenses.
Once a solar land lease is signed your solar development partner, in our case ClearPath Energy, will begin the process of developing the solar project.
A typical solar project takes about 18 months to a year, from start to finish. That said, it can be completed in as little as 12-15 months. The first step in the process is the planning stage. It is here that we work with the landowner to determine their individual needs or requests when it comes to developing a solar project on their property. This could be anything from requesting an agrivoltaics setup to allow for farming as well as solar development, or simply placing a project further back on the landowners property out of sight. During this phase we will also conduct a thorough analysis of topography, area wildlife/ecology and communicate with local towns and governments to ensure we are meeting all standards and guidelines for solar development. This is very critical stage as it will help determine the size and layout of your solar system.
Prior to construction, ClearPath Energy handles all the necessary permitting in partnership with the governmental authorities. During this stage we will engage in a partnership with the city to ensure that all governmental approvals are received in order and on time.
Once permits are received we can begin the process of construction. We manage the construction with our teams of in house managers and team specialists. The teams work closely with the land owner to minimize any disruptions. This process generally takes three to six months.
The final stage is connecting the project to the utility grid. Once the solar farm is connected to the grid it will become a source of power to thousands of homes. As a landowner you have no obligation to maintain the solar farm during the course of this process or the lifetime of the project. We handle all maintenance and repairs required to keep the solar farm in good working order for its entire lifetime.
ClearPath Energy is not just a development company, we care deeply about the potential positive impact that our projects have on the landowner, the community and the environment. We are committed to providing communities clean energy resources that allow for families to continue to enjoy their land and environment for generations to come.