Gorge Solar Power Generation Lease Fee

Can I lease my land for solar power generation?

Landowners interested in leasing their land for solar power generation will need to find out if they have a grid connection located on their land or in the vicinity with surplus power in the local area.

What is a lease-to-own solar agreement?

Our Lease-to-Own Solar Agreement allows you to enjoy significant cost savings and contribute to reducing carbon emissions. Under this agreement, you will lease the PV solar system for a duration of 10 years, during which you will make fixed monthly payments. You are not required to pay any upfront fees.

What should a solar lease include?

The lease is also likely to contain covenants (which will bind the solar panel land and any adjoining land in the ownership of the landlord) not to do anything which could damage any electric cables or wires and not to deal with the land in any way that could be detrimental to the solar project.

What happens during a solar panel lease term?

During the lease term, landowners will be unable to use the land (or any adjoining land) for other opportunities that would obstruct or affect the operability and efficiency of the solar project. For obvious reasons, solar panel leases will grant the tenant a right of free, uninterrupted and unobstructed passage of light to the solar panels.

Can I rent land for a solar farm?

Renting land for a solar farm is a commercial lease and is not an agricultural use, so Agricultural Property Relief from inheritance tax may be lost. Transferring ownership of the land to another individual or trading entity before any development starts may be worth considering, to minimise the tax implications, but seek professional advice.

What are the tax implications of renting land for a solar farm?

What are the tax implications? Renting land for a solar farm is a commercial lease and is not an agricultural use, so Agricultural Property Relief from inheritance tax may be lost.