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Started By
Message
Talk to me about solar farms
Posted on 9/14/19 at 5:15 pm
Posted on 9/14/19 at 5:15 pm
Family has 750 acres currently in sugar cane. They are getting ~$125 an acre rent from the farmers who are family. Family has been approached by someone offering $600 an acre to lease the entire property to put a solar farm.
Financially it sounds great, as in too good to be true. Anyone here ever had some acres leased to a solar farm? What’s the long term on this? In 10 years if solar goes kaput, what’s the realistic chances of putting it back in ag use?
Another thing to note is they all live next to the field and will look at it every day.
Financially it sounds great, as in too good to be true. Anyone here ever had some acres leased to a solar farm? What’s the long term on this? In 10 years if solar goes kaput, what’s the realistic chances of putting it back in ag use?
Another thing to note is they all live next to the field and will look at it every day.
21
Posted on 9/14/19 at 5:18 pm to braindeadboxer
If you live in a state controlled by Democrats trying to force the state into an absurd "100% green by 2030" type initiative then jump on it.
There is so much government money being thrown around to prop up the industry and line the pockets of friends and family.
May as well cash in.
There is so much government money being thrown around to prop up the industry and line the pockets of friends and family.
May as well cash in.
Posted on 9/14/19 at 5:19 pm to braindeadboxer
Sounds like they’re getting screwed by the farmers.
Posted on 9/14/19 at 5:20 pm to IllegalPete
Louisiana
Posted on 9/14/19 at 5:22 pm to Coon
quote:
Sounds like they’re getting screwed by the farmers.
Not at all. Entire family are/were farmers at one time or another. Hard to gross $600 an acre in agriculture these days much less pay that in rent
Posted on 9/14/19 at 5:30 pm to braindeadboxer
I'd jump on that. Solar energy is only going to continue to grow
quote:With $450,000, they can find a new house
Another thing to note is they all live next to the field and will look at it every day.
Posted on 9/14/19 at 5:31 pm to The Nino
I agree, It’s just one of those sounds too good to be true things
And no one in the family knows shite about solar
And no one in the family knows shite about solar
This post was edited on 9/14/19 at 5:32 pm
Posted on 9/14/19 at 5:34 pm to braindeadboxer
Here's an article about how co-locating solar panels and crops together helps both. The plants benefit from being protected from direct sunlight and consequently don't lose as much water. The solar panels are in turn cooled by the moisture that the plants beneath them release which allows them to run more efficiently. LINK
Posted on 9/14/19 at 5:37 pm to braindeadboxer
quote:
They are getting ~$125 an acre rent from the farmers who are family.
You should be getting nearly double that for sugarcane ... even with family farming the land.
However, you are right that agriculture can’t touch $600 an acre. Just be very careful about the particulars of the solar lease. It may be your land but the solar company will have complete control over it if they have the lease and it will likely offer you and your family little to no protection if the solar farm fails.
It may be a great deal if the farm actually works but could absolutely destroy your land and you will have no recourse if the solar farm fails.
Posted on 9/14/19 at 5:39 pm to TigerinATL
Sounds good but good luck growing cane and soybean like that
Posted on 9/14/19 at 5:39 pm to braindeadboxer
All the solar farms I've seen keep the ground relatively intact. its not like they're going to pave the acreage, so it seems like the land could be revived if the solar farm doesn't work out. See if any other solar farms have popped up in the area and talk to the property owners about the process. Maybe ask the developers for a reference list of some sort. 
Posted on 9/14/19 at 5:40 pm to stewie
I just made sure and they do indeed get more than that. It’s actually around $200.
And I agree with the other comments. That’s the exact kind of situation I’d like to see them avoid. Ag will be here forever, but I don’t know about solar.
And I agree with the other comments. That’s the exact kind of situation I’d like to see them avoid. Ag will be here forever, but I don’t know about solar.
This post was edited on 9/14/19 at 5:42 pm
Posted on 9/14/19 at 5:44 pm to The Nino
quote:
All the solar farms I've seen keep the ground relatively intact. its not like they're going to pave the acreage, so it seems like the land could be revived if the solar farm doesn't work out. See if any other solar farms have popped up in the area and talk to the property owners about the process. Maybe ask the developers for a reference list of some sort.
No doubt they will be looking at other developments and as far as I know there aren’t any others local.
This is all just starting, had a conversation with my dad today and figured maybe someone here had had dealings with a solar farm in the past.
Posted on 9/14/19 at 5:47 pm to braindeadboxer
If you turn them down send them my way
Posted on 9/14/19 at 5:49 pm to braindeadboxer
quote:you work from sun to sun
Talk to me about solar farms
Posted on 9/14/19 at 5:50 pm to yellowfin
quote:
If you turn them down send them my way
No shite.
OP, do they want to put some up in MS?
Posted on 9/14/19 at 5:50 pm to braindeadboxer
quote:
All the solar farms I've seen keep the ground relatively intact. its not like they're going to pave the acreage, so it seems like the land could be revived if the solar farm doesn't work out.
The land can be brought back into production but it will be cost prohibitive for agriculture if the solar farm goes belly up.
There’s a new solar development in West Baton Rouge. Should be interesting to see how it continues to develop.
WBR Solar Farm
Posted on 9/14/19 at 5:51 pm to braindeadboxer
quote:
Sounds good but good luck growing cane and soybean like that
I imagine there's a long list of crops that won't grow in the shade.
Posted on 9/14/19 at 5:54 pm to stewie
quote:
The land can be brought back into production but it will be cost prohibitive for agriculture if the solar farm goes belly up.
That’s my folks primary concern, but I think the rest are only seeing the $$$. Undivided property so I’m sure it’ll get ugly.
This post was edited on 9/14/19 at 5:56 pm
Posted on 9/14/19 at 5:56 pm to braindeadboxer
The big question is can you live with taking that source of income away from the people that farm your land just to make a quick buck
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