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re: I have someone trying to pitch me on Solar Farms...
Posted on 11/8/23 at 2:39 pm to SaintEB
Posted on 11/8/23 at 2:39 pm to SaintEB
quote:I am a surveyor myself and completely agree. I don't have much experience with solar, but currently doing the preliminary survey for one in Mississippi. Business is booming. Everyone makes a pretty penny off these things. I don't see how. But I also don't care as long as the money keeps flowing my way.
I spoke to a land surveyor a while back about this. They get 6 request for proposal per month to survey sites in Louisiana for solar farms. They turn in the proposals and get 1 every 3 months that actually go through with the surveying. 1 of those a year actually end up moving forward with the farm. Every company is coming here because the regulations are easier to get through than other states. Keep that in mind. He said in Louisiana, they can get approval inside of 2 years to build where other states it averages 3-4 years for approval.
Also, for residential, basically, you can't sell back everything you produce over consumption because there are wire, line, and equipment maintenance costs that are build into residential rates. You aren't going to be paid back this portion of the rate if you produce because you never incur those costs. So, yeah, it isn't as lucrative to have residential solar panels, but if done right, you can still save money.
2
Posted on 11/8/23 at 2:40 pm to SaintEB
A lot of new companies are just signing up whatever land they can get under lease option. The companies that have been around for a while, are only taking sites that have a high enough ratings to actually make a viable site.
I know of one piece that got an offer from one company that the landowners turned down. A different company looked at the same site and the company turned it down because it was a net negative based on capacity.
Just like in every business, there's good companies that know how to make it work and then there's bad ones that just throw stuff out and hope it sticks
I know of one piece that got an offer from one company that the landowners turned down. A different company looked at the same site and the company turned it down because it was a net negative based on capacity.
Just like in every business, there's good companies that know how to make it work and then there's bad ones that just throw stuff out and hope it sticks
Posted on 11/8/23 at 2:41 pm to fightin tigers
Also get specific info on disposal of equipment and repaired parts.
Posted on 11/8/23 at 2:44 pm to Antib551
quote:
Everyone makes a pretty penny off these things. I don't see how.
If the site makes it through to become a solar farm, it's generational wealth type money. I wish I had 400+ acres to lease to a solar company.
Posted on 11/8/23 at 2:45 pm to tigerinthebueche
quote:
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.
Its federally required the solar farm developers complete a remediation plan and its even better if land owners has one completed as well to know whats required to mitigate the impacts. The developer also has to escrow the funds to pay for the remediation. That escrow obtains interest to cover future cost increases. All this is federally mandated...so its won't become a taxpayer issue.
Posted on 11/8/23 at 2:48 pm to The Torch
If the companies are anything like oil and gas companies, and they likely are, their main focus is to frick over land owners and never pay them a dime while using the land
Posted on 11/8/23 at 2:49 pm to curtastrophe
quote:
No renewable energy company will ever pay a landowner to cut down trees.
They will pay you back for the timber cut....so indirectly a landowner gets paid for any trees being fell
Posted on 11/8/23 at 2:55 pm to Lugnut
Exactly. Starting with Tehachapi, the first failed wind farm . All that remains is the graveyard of towers.
Have the renter clean his trash up by contract.
Have the renter clean his trash up by contract.
Posted on 11/8/23 at 3:14 pm to bluedragon
quote:
Have the renter clean his trash up by contract.
If they go out of business before the lease is up, what do you do to get them to clean up? Lawsuit? If they go away, who takes care of it?
Posted on 11/8/23 at 3:17 pm to SaintEB
quote:
If they go out of business before the lease is up, what do you do to get them to clean up? Lawsuit? If they go away, who takes care of it?
All of these are going to be in some JV with big investors that aren't going away. Also, there's always a back-up servicer. And if all that blows up, i would do a fricking backflip if someone walked away from a few MW of solar on my property. I'd have a PPA and sell that shite so far below market and call it my personal ATM every time I drove by it.
Posted on 11/8/23 at 3:21 pm to The Torch
There is one of these in LP that has trees and stuff all growing over them. No way that they are working. Company probably went bankrupt and land owner is stuck
Who is responsible for maintaining the property when the land is leased for these?
Who is responsible for maintaining the property when the land is leased for these?
Posted on 11/8/23 at 3:28 pm to ChuckUFarley
quote:
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?
Well they say it only releases a minimal amount of aluminum, not enough to damage the soil. But the problem is the amount of space they take up. You displace the wildlife and destroy the natural ecosystem.
quote:
Construction of an industrial-scale solar power plant requires removal of trees, brush and root balls prior to installation of the arrays, creating an ecological wasteland. Grading, pile driving, blasting, electric cable trenching and road construction will compact the soil, likely delaying agricultural use for years after the project’s end.
This post was edited on 11/8/23 at 3:34 pm
Posted on 11/8/23 at 3:35 pm to mthorn2
quote:
They will pay you back for the timber cut....so indirectly a landowner gets paid for any trees being fell
Well, the trees aren't worth anything...
Posted on 11/8/23 at 3:38 pm to SaintEB
quote:
If they go out of business before the lease is up, what do you do to get them to clean up? Lawsuit? If they go away, who takes care of it?
You and me.
quote:
The bill for decommissioning projects will likely be passed on to taxpayers.
Insufficient surety fund by the developer could result in county responsibility for decommissioning costs. Net Decommissioning costs can range from $43,584/MW to $101,915/MW. No plan and cost should ever be approved without a full understanding of the cost to return the land to its original condition, and the county should not be responsible for this cost.
Posted on 11/8/23 at 3:47 pm to dgnx6
quote:
You and me.
That's an anti-utility scale solar groups opinion. Is there anything to back that up?
Posted on 11/8/23 at 4:09 pm to texn
quote:
The landowner doesn't get real money until a solar farm is built.
^ very true
Posted on 11/8/23 at 4:16 pm to fightin tigers
quote:
One that pays you no matter what the market does
This
Posted on 11/8/23 at 4:22 pm to SaintEB
Someone had the rights to the power produced. Either the government by way of subsidies or the owner who just so happens to own 20 more solar farms.
There is a need for a transmission line nearby and a interconnect substation as well.....Solar Farm flops .....who cleans all that up?
Utility Company owns the lines and substation.
There is a need for a transmission line nearby and a interconnect substation as well.....Solar Farm flops .....who cleans all that up?
Utility Company owns the lines and substation.
Posted on 11/8/23 at 4:24 pm to mthorn2
quote:
Its federally required the solar farm developers complete a remediation plan and its even better if land owners has one completed as well to know whats required to mitigate the impacts. The developer also has to escrow the funds to pay for the remediation. That escrow obtains interest to cover future cost increases. All this is federally mandated...so its won't become a taxpayer issue.
Where is this federally mandated?
Posted on 11/8/23 at 4:34 pm to dat yat
quote:
One thing they look for is property near transmission lines that have excess capacity.
I'll be darn, this makes perfect sense now when you look at BP/Lightsource and their areas on Island Rd in Ventress and Hwy 167/Zydeco Rd in Plaisance. Both of those areas have transmission lines and sub stations literally yards away from where the solar operations begin.
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