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re: I have someone trying to pitch me on Solar Farms...

Posted on 9/14/22 at 9:49 am to
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73729 posts
Posted on 9/14/22 at 9:49 am to
All I have heard is get a solid contract.

One that pays you no matter what the market does.

From experience. Have them spell out as much equipment as possible so any changes to the original setup results in the ability for you to renegotiate the contract or ask for bonus payments.
This post was edited on 9/14/22 at 9:51 am
Posted by SugarCane318
Member since Aug 2022
6 posts
Posted on 9/14/22 at 11:02 am to
(no message)
Posted by SugarCane318
Member since Aug 2022
6 posts
Posted on 9/14/22 at 11:10 am to
These companies are preying on land owners. They are locking up land with 25-30 year leases but all they are really farming is “carbon credits.” As soon as the subsidies dry up(the only thing that’s making these ventures profitable), they will vanish. They are double dipping, selling the power and getting the subsidies. I would highly advise against this unless the land isn’t viable for anything else.

The solar panels being made today will be obsolete in 5 years, just as the ones manufactured 5 years ago don’t generate the same KWhs as ones today. These companies aren’t going to be upgrading these panels. They are grabbing as much government money as they can while our government is run by crazies.

These companies are all shell companies that will be defunct in a few years when the subsidies are gone and you will be left with an eyesore of useless land.
This post was edited on 9/14/22 at 11:12 am
Posted by IAmNERD
Member since May 2017
19373 posts
Posted on 11/8/23 at 1:29 pm to
quote:

All I have heard is get a solid contract.

One that pays you no matter what the market does.

This right here. Even if they aren't flat out scams (a lot of them are), they will definitely over-promise on tax rebates and savings to make the sale.
Posted by winkchance
St. George, LA
Member since Jul 2016
4166 posts
Posted on 11/8/23 at 2:41 pm to
Also get specific info on disposal of equipment and repaired parts.
Posted by Motownsix
Boise
Member since Oct 2022
1982 posts
Posted on 11/8/23 at 4:16 pm to
quote:

One that pays you no matter what the market does


This
Posted by lurkr
Member since Jan 2008
12367 posts
Posted on 11/9/23 at 12:12 pm to
quote:

All I have heard is get a solid contract.

One that pays you no matter what the market does.

From experience. Have them spell out as much equipment as possible so any changes to the original setup results in the ability for you to renegotiate the contract or ask for bonus payments.


This and when the contract expires or is voided that you aren't responsible for the disposal and cleanup or anything pretaining to that.
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