If you’re a commercial land owner with some unused land, you may wonder what to do with it. Have you considered leasing it for solar farm usage? Leasing your land for a solar panel farm is a great way to use your open land while giving back to the environment. Let’s explore your solar options so you can select the right type of renewable energy solar solution for your land.
Before you lease your land to a solar farm, you should know why it’s a good idea and understand your own reasons for doing it. First, take a look at your land. If it’s a flat, open space that’s 20 to 25 acres, your land is a good candidate for an average-sized solar panel farm. You should also know that once a solar developer installs the solar panels, they’ll have very little impact on the physical state of your land. However, the presence of solar panels can improve your future land values. Land leasing for solar also provides you with a steady, reliable income.
While these are great benefits, you should also know your own personal reasons for leasing the land to a solar farm. Do you want to get involved with renewable energy? Do you want to help generate renewable energy and help distribute it into your community? If you do, you should lease your land to a solar developer.
When you lease your land for a solar farm, you can gain a lot from leasing it for a utility scale project. What is a utility scale solar project? It’s a solar project where a utility company leases your land to generate solar energy and return it to the electrical grid. Then the grid distributes that renewable energy to the surrounding community. Verogy can work with you to lease your land to nearby utility companies that want to generate solar energy for their consumers. We make sure you generate reliable income through your land, and we manage and maintain the solar farm throughout its lifespan, so you don’t have to take care of it. We simply install the solar panels on your land, and then you reap the benefits of that utility scale solution.
Of course, utility scale solar projects aren’t your only solar land leasing options. You can also lease the land to a company, university, or municipality that purchases the solar panels outright. Or you can lease your land to a solar developer like Verogy, who owns the solar panels and sells the energy to a company, university, or municipality through a power purchase agreement (PPA). Our team at Verogy can work with you to determine which solar project is best for your land and your real estate needs.
When you choose a solar developer to help you lease your land for a project, you should choose Verogy. We have extensive experience leasing land for utility scale solar power projects as well as PPAs and other solar solutions. Additionally, we perform all construction, installation, and operations and maintenance (O&M) tasks, so neither you nor the company leasing the land have to worry about the solar panels themselves. You can trust us to help you lease your land for a solar project that will generate income for you for a long time.
What is a utility scale solar project? It’s a solar project where a utility company leases your land to generate solar energy and return it to the electrical grid. Then the grid distributes that renewable energy to the surrounding community. Verogy can work with you to lease your land to nearby utility companies that want to generate solar energy for their consumers.
If you’re ready to lease your land for a solar energy industry project, reach out to Verogy today. We have the experience, knowledge, and resources to develop the right solar project for your land.