Evaluating Key Contract Terms When Leasing Your Land for Solar Energy Development
- Language
- English
Solar option and lease agreements are complicated and carry long lasting, potentially multi-generational, implications for landowners. It is important to understand the terms of what is being offered in the contracts beyond the potential short and long term financial windfalls. Attorney Jacob Kiessling will lead Evaluating Key Contract Terms When Leasing Your Land for Solar Energy Development on a deeper dive into solar leases, based on solar contract reviews he has completed--offering landowners more background, as they discuss a possible lease with their own attorney and potentially negotiate the agreements with an interested solar company.
About the Series
The event is the third in the four-part Navigating the Leasing Process of Utility-Scale and Community Solar in New York and Pennsylvania series. In conjunction with New York and Pennsylvania Farm Bureau, Penn State Extension and Cornell Extension are offering the series on leasing land for utility-scale and community solar in the region. Increasing numbers of landowners, including many farmers, are being approached to lease their land for large solar facilities. Others may be interested in leasing to a solar developer. It is important for anyone considering leasing their land to understand the implications of the leasing process.
The Navigating the Leasing Process of Utility-Scale and Community Solar in New York and Pennsylvania series will explore why solar is rapidly expanding in New York and Pennsylvania, the overall trends driving this emergence, and the contractual details which will be a part of an option/lease agreement landowners might be offered to sign. The program is not advocating for or against leasing land for solar, but is designed to offer insights for anyone interested in leasing land to solar developers. There will also be a short immersive virtual solar tour to better inform participants of the various elements of solar facilities and what they look like while and after they are being installed. Participants will be better prepared to make decisions about whether leasing makes sense for them and, if they wish to proceed, to negotiate an outcome that accommodates the landowner’s long-term plans. Each of the programs will include a Question and Answer session.
This event is being offered at no charge to participants. Registration is required to receive the link to access the webinar. Registrants will also receive access to the webinar recording.
- Landowners
- Those wanting to lease part or all of their land
- Key contractual terms which typically show up in leases
- What agreement language is more commonly negotiated with solar companies and where the “redlines” commonly appear
- Significant pitfalls to be aware of when reviewing, and most importantly, negotiating a solar lease
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