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

Posted on 9/14/22 at 9:45 am
Posted by The Torch
DFW The Dub
Member since Aug 2014
19262 posts
Posted on 9/14/22 at 9:45 am
My sister and I inherited a chunk of land in North Louisiana, mostly pasture.

I've got some "dude" from Shreveport wanting to pitch me on solar farms, says it's more lucrative than timber or what ever else we could do with the land.

Anyone ever heard of this in that area ?

Like This: [/img]
This post was edited on 11/8/23 at 8:32 pm
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73680 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 Tigeralum2008
Yankees Fan
Member since Apr 2012
17131 posts
Posted on 9/14/22 at 9:52 am to
quote:

I've got some "dude" from Shreveport wanting to pitch me on solar farms, says it's more lucrative than timber or what ever else we could do with the land.



It's a growing trend for vacant/fallow land. West Baton Rouge is starting to receive complaints from locals regarding the unsightly appearance but it seems like a good business venture for dormant land

Shop around. Form an LLC that will lease the land WITHOUT liability to the solar contractor

Passive income is the way to go for inherited land IMO
This post was edited on 9/14/22 at 9:54 am
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30554 posts
Posted on 9/14/22 at 9:53 am to
quote:

I've got some "dude" from Shreveport wanting to pitch me on solar farms

Bill Gates NWO employee
Posted by Upperaltiger06
North Alabama
Member since Feb 2012
3946 posts
Posted on 9/14/22 at 9:55 am to
I see them popping up all over my area. They cannot make as much energy as they cost, but the government subsidizes so it may be lucrative for you.

You need to watch what your pitchboy has to gain from it.
Posted by GumboPot
Member since Mar 2009
118743 posts
Posted on 9/14/22 at 10:01 am to
Make sure the electricity is metered when it leaves your land and not further downstream. You do not want to pay for downstream transmission losses. Seems obvious but it is an important point.
Posted by FutureMikeVIII
Houston
Member since Sep 2011
1065 posts
Posted on 9/14/22 at 10:03 am to
quote:

They cannot make as much energy as they cost


You got a source for this? I seriously doubt the energy balance is negative for solar panels
Posted by winkchance
St. George, LA
Member since Jul 2016
4102 posts
Posted on 9/14/22 at 10:10 am to
Total destruction of wildlife habitat in the name of saving the planet.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65851 posts
Posted on 9/14/22 at 10:11 am to
Posted by Lugnut
Wesson
Member since Nov 2016
1441 posts
Posted on 9/14/22 at 10:12 am to
I would be a little skeptical of these solar companies. What happens when the government subsidies run out and they go bankrupt. They walk away and you’re left with all this junk on your land and no money coming in. Besides these panels can’t be just thrown away, they have to go to a hazardous site for disposal. Also wait til the meth heads discover all that wire running everywhere!
Posted by GREENHEAD22
Member since Nov 2009
19589 posts
Posted on 9/14/22 at 10:12 am to
You will probably get more $ but the land will be ruined forever. Make sure your contract has them bond the cleanup and remediation cost. That will probably kill the deal though because of the heavy metal leaching. Also put in additional cost for PM these activities as the company will probably be gone by the times this has to be done.


frick all Solar panel scammers.
Posted by ChuckUFarley
Up in heh!
Member since Jun 2022
310 posts
Posted on 9/14/22 at 10:40 am to
quote:

My sister and I inherited a chunk of land in North Louisiana, mostly pasture.

I've got some "dude" from Shreveport wanting to pitch me on solar farms, says it's more lucrative than timber or what ever else we could do with the land.

Anyone ever heard of this in that area ?



Funny that you mention this. We have tree farm in NWLA with a few natural gas wells. Its a tree farm. Around 300 acres. I brought up the idea of adding a solar farm to the property, but my father was not hearing it. Says it would take away from the natural beauty of the place. Instead he wants to start growing bamboo. I was thinking the Passive Income route but until he passes, its his decision.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 9/14/22 at 10:41 am to
preach brother. Solar Farms aren't the harmless source of renewable "sustainable" ( ) energy they claim to be.

Thats a major part of the opposition in WBR to them.

And you can bet your arse the entity that owns the farm and rents the land will be long gone and/or insolvent by the time the lease is up and the land needs remediation. Just one more thing the taxpayers have to look forward to.
Posted by ChuckUFarley
Up in heh!
Member since Jun 2022
310 posts
Posted on 9/14/22 at 10:41 am to
quote:

You will probably get more $ but the land will be ruined forever. Make sure your contract has them bond the cleanup and remediation cost. That will probably kill the deal though because of the heavy metal leaching. Also put in additional cost for PM these activities as the company will probably be gone by the times this has to be done.



When you say ruined forever, are you referring to if they dont clean up the site if it goes belly up or does it do some sort of long term residual damage?
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 9/14/22 at 10:43 am to
both.
Posted by w0291524
Hammond
Member since Feb 2011
20 posts
Posted on 9/14/22 at 10:45 am to
I've been looking into this as well, but cannot figure out anywhere online what the going price per KWH is that Entergy or any of the other utility companies would be willing to pay.
Posted by Cycledude
Member since Jul 2018
1712 posts
Posted on 9/14/22 at 10:48 am to
I’m confused as to why you think the solar farms would only be there for a little while? If they start to break down over the years, wouldn’t they replace panels? The sun is not going to run out.
Posted by GREENHEAD22
Member since Nov 2009
19589 posts
Posted on 9/14/22 at 10:48 am to
Both, you will have chem/heavy metal leaching into the soil which for all intents and purposes can not be remediated We are pretty much installing mini superfund sites everywhere but hey we are all going to drown in rising oceans so frick it anyway right?
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3500 posts
Posted on 9/14/22 at 10:55 am to
quote:

I've got some "dude" from Shreveport wanting to pitch me on solar farms


A lot of these "dudes" aren't trying to build solar farms right away, but instead are trying to get an option to put a solar farm on your land sometime between now and forever. For a very small initial option fee paid to the landowner, the landowner's land is tied up forever. The "dude" then tries to sell a bundle of these farms that he has options on to a bigger investor down the road who may be the one who ultimately puts in a solar farm. The landowner doesn't get real money until a solar farm is built.

Is the land anywhere near a high transmission electric line? If not, there is no way that they won't build a solar farm there for a long time because they have no way to transmit the electricity generated without building high transmission lines (and the associated costs of building and getting right-of-ways).
Posted by HooDooWitch
TD Bronze member
Member since Sep 2009
10267 posts
Posted on 9/14/22 at 11:01 am to
Make sure they are responsible for up keep of property.

Would/can they be responsible for property taxes?

Also if the venture ever goes under, who is responsible for removing the equipment?
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