If you own land in Texas, you should know that the solar industry is actively seeking locations for solar arrays. It’s a fact that could be potentially lucrative for you if you are interested in hosting a site. Indeed, the industry itself says that it plans to...
What are the major clauses in a solar energy lease?
If you have been approached to lease part of your land for a solar array, you may have many questions. Chances are you have no background in solar energy. You don’t know what would constitute a good deal. You don’t know what contract terms are necessary to protect...
Asked to sign a solar lease on your land? Read carefully.
Rapid improvements in solar technology, combined with certain investment tax credits, have created a rapid expansion in the solar energy field. Indeed, the Solar Energy Industries Association estimates that solar power will account for almost half of the total...
What rights to my land am I giving a solar developer?
When the time comes to lease part of your land to a solar developer, you want to be certain you understand what you’re giving up. It depends in large part on what you negotiate in your lease. Generally, solar developers are granted the exclusive right to use the part...
How is payment generally structured in a solar lease?
If you have been contacted about leasing your land for a solar array, you’re probably wondering how much you can expect in terms of payment. While each case is different, we can give you some idea of how these payments are generally structured. For example, you may...
How long will a typical solar lease last?
If you have been contacted about allowing a solar array on your land, you may be wondering how long you would be leasing out your land for. That should be clear in any proposed lease, but it can be hard to calculate because there are different periods for different...
How do I protect my landowner rights in a solar farm lease?
There is a “solar boom” going on in the U.S., and especially in Texas. The past several years have seen rapid technological advances, substantial cost reductions and tax credits for solar energy development. Many Texas landowners wouldn’t mind getting in on the boom,...
Why do you need a purpose clause in your solar energy lease?
Texas may be the best state in the nation when it comes to land appropriate for solar energy, and these have been boom times. With the proliferation of interest in leasing land for solar energy purposes, there has been a corresponding proliferation in leases. Each...
Harnessing the power of solar leases
A solar power company comes knocking on your door, offering good money to lease some land that you’ll never miss. If it sounds too good to be true, it just might be. The Lone Star State has one of the fastest-growing solar markets in the country, and you may be asked...
Important factors to consider when signing a solar farm lease
As cities throughout Texas draw away from fossil fuel energy and move toward renewables, conditions have been ripe for landowners to participate. Many solar energy companies have sent out letters and fliers to landowners with enticing-sounding offers. Now is a great...
