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re: I have someone trying to pitch me on Solar Farms...
Posted on 11/9/23 at 11:14 am to Lithium
Posted on 11/9/23 at 11:14 am to Lithium
"cash rules everything around me, get the money $ $ bills" wu-tang
Lot's of been mentioned in this thread. At the end of the day it's always about $.
Reason we hearing more about it in our area as the transmission company on East coast paused applications to new solar farms while back. That created rush to the next which is MISO (Midcontinent Independent System Operator) which all of Louisiana is supplied by. Interestingly MISO pushed their last application date back and word is it won't be til next September.
These companies have a long + pricey application process that is why they offer 5 year option periods so the they can get all approvals, agreements, financing etc. in place.
Fed gov is helping out. The "Inflation Reduction Act" has all kinds of tax breaks + subsidies for these things. Got the play the cards you are dealt.
Hire a lawyer, do due diligence on the company and make your decision as the landowner. The numbers & $ I've seen far surpass any amount of timber we could grow on the land in 100 lifetimes. My 2 cents...
Lot's of been mentioned in this thread. At the end of the day it's always about $.
Reason we hearing more about it in our area as the transmission company on East coast paused applications to new solar farms while back. That created rush to the next which is MISO (Midcontinent Independent System Operator) which all of Louisiana is supplied by. Interestingly MISO pushed their last application date back and word is it won't be til next September.
These companies have a long + pricey application process that is why they offer 5 year option periods so the they can get all approvals, agreements, financing etc. in place.
Fed gov is helping out. The "Inflation Reduction Act" has all kinds of tax breaks + subsidies for these things. Got the play the cards you are dealt.
Hire a lawyer, do due diligence on the company and make your decision as the landowner. The numbers & $ I've seen far surpass any amount of timber we could grow on the land in 100 lifetimes. My 2 cents...
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