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By Craig Kaiser, LandGate
There are quite a few ways to be paid when you lease out the solar rights on your land. Across the country, deal terms vary. But generally, for Utility Scale Solar Farms, the developer will pay you $10 – $40 per acre per year for a 2-6 year option to lease. If during the option period, the developer elects to exercise the option to enter into a formal lease, you will be paid between $300 – $1000 per acre per year for 25 – 30 years.
Read the full article from our partner LandGate.