- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 1600 Acre Solar Farm coming to St. Landry Parish
Posted on 4/25/23 at 8:24 am to Twincam
Posted on 4/25/23 at 8:24 am to Twincam
quote:
I have a buddy that has been working on with a company on a 500 acre lease at $800 per acre per month. That's life changing money, unreal. He has been in the process for almost 8 months, so much red tape.
The entire place is 540 for us and it’s actually at $1200 now but it started out at $800 per acre and it’s per year not month. I have an uncle and a cousin who have half and not sure what they will do.
I’m worried about when the funding runs out and I’m left with a few hundred acres of Solar panels.
This post was edited on 4/25/23 at 10:45 am
6
Posted on 4/25/23 at 8:30 am to Rize
All I can say is make sure you have all the remediation money bonded and inflation and contingency is being calculated.
These are going to turn into mini superfund sites off over the land.
These are going to turn into mini superfund sites off over the land.
Posted on 4/25/23 at 8:46 am to Rize
quote:devils three way?
I’ve hit an uncle and a cousin
Posted on 4/25/23 at 8:53 am to Rize
quote:
I’m worried about when the funding runs out and I’m left with a few hundred acres of Solar panels.
If it’s NextEra energy doing it they put money in an escrow account that covers cleaning up the site at the end of the lease. They are offering to buy at $20,000 ac in our area on some land that would normally sell for about $14 to $15 thousand per acre.
NextEra is the big dog in solar farms.
This post was edited on 4/25/23 at 8:57 am
Posted on 4/25/23 at 9:00 am to Rize
quote:
I’m worried about when the funding runs out and I’m left with a few hundred acres of Solar panels.
Someone else will step in and manage it. No ones leaving a MWs of power out there doing nothing.
ETA also the funding can't run out. It's all taken up front in a tax credit. The revenue is just regular PPA like every other gen type.
This post was edited on 4/25/23 at 9:54 am
Posted on 4/25/23 at 9:50 am to Rize
You should have had a lawyer review the contract then amend the part where the solar company can walk away at any point and the clean up is your problem.
Posted on 4/25/23 at 4:36 pm to Rize
quote:
m worried about when the funding runs out and I’m left with a few hundred acres of Solar panels.
I’d be damn near dead by the end of the agreement. In the wrong state of mind I might say “frick everybody but me” and just walk away with the half mill a year.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News