What Should Landowners Know About Solar Farm Development in Michigan? As of October 2023, Michigan is one of the most active states for solar farm activity and development. The number of solar farms in Michigan have been increasing exponentially over the past decade. This is a direct result of the implementation of various incentives promoting renewable energy generation across the state. Many solar developers are actively planning new projects across the state. This presents a great opportunity for landowners to earn a steady stream of income from their land through solar lease payments , also known as solar payments. Landowners in Michigan are receiving offers from developers to lease their land for solar farms. They often wonder how much their land is worth for a solar farm and if they are receiving a good offer. Leasing land for solar farms helps landowners provide their future generations with long-term financial stability. There are several factors that go into solar farm valuations that landowners and realtors should consider. LandGate is a marketplace that provides data intelligence to landowners while also providing them the opportunity to connect with Michigan solar developers. In a traditional way, developers would knock on landowners' doors or cold-call them. This old-fashioned way is not easy for landowners. It can be perceived as unwanted solicitation at a time when the landowner is not ready and doesn’t have enough information to feel comfortable talking about a solar farm on their land. LandGate provides useful data to landowners or to their agent to inform them for free about the value of their land for solar farm leasing. Equipped with more information, landowners can make good and fast decisions about pursuing a solar lease. What is the Process for Leasing Land for a Solar Farm in Michigan? Step 1: Solar Lease Negotiation Period in Michigan The solar lease negotiation process is the first step landowners take when interested in having a solar farm on their property. Land professionals can assist landowners during this period to make sure they are receiving the best deal possible but also understand the time period between signing the lease and having an active solar farm on their land. During the negotiations, landowners can negotiate solar lease payments, the length of the lease for the solar farm, and what the percentage of the escalator is to combat inflation. Step 2: Solar Lease Option Agreement in Michigan The next step is for the landowner to get a solar farm option agreement. At that point, the solar developer has done a preliminary study, also called a feasibility study, to know if the site is potentially suitable for solar farm development. Why Can’t I Get a Solar Lease Agreement Directly? The process of a solar farm project in Michigan begins with optioning the land, which is called “site control” by developers. The reason solar developers cannot go straight to a solar lease is because they have to evaluate the land thoroughly. Typically the initial screening study is good enough that this first due diligence process is all that is needed. Another larger uncertainty for solar developers is to know if the solar project will be accepted by the utility on the electrical infrastructure (or electrical network). We refer to this phase as “utility’s application” in the graph above and developers refer to this phase as “queue submission”. This means that the solar project enters the interconnection queue of that region waiting for regulatory approval. These queues are known as Independent Systems Operator (ISO) or Regional Transmission Organization (RTO). During this period, the analysis of possible engineering and land factors is conducted to determine the feasibility of the project to be constructed and connected to the grid. This is the reason why the solar developer starts with an option, as not all solar projects are approved by the ISO/RTO. How Likely Will My Michigan Solar Option Become a Solar Lease? At the moment, about 20% of solar options become a solar lease and are built into a solar farm. Currently, the electrical infrastructure network is a big bottle neck. There are more applications of solar projects to get on transmission lines than available capacity. However, governments are aware of this situation and are working to ease it, in order to foster more solar development. This means that it will likely get resolved in the next few years. The problem of available capacity applies only to utility scale solar farm projects, which are typically greater than 5 MW capacity. Where Can a Landowner Get More Information About the Solar Lease / Option Period in Michigan? LandGate assists landowners with determining the value of their land for a solar farm. We do this by taking into account the proximity of substations, transmission lines, and state incentives - each of which play a role in site control. Am I Getting Paid During the Solar Option Period? Yes. Solar payments start during the option period but are usually smaller compared to the solar payments during the lease or construction phase of the solar farm. Step 3: Solar Lease Agreement in Michigan Once the availability of grid capacity is confirmed, the solar project is moved to a “planned” phase. During this time, the developers will exercise the solar farm option agreement to become a solar farm lease agreement. Typically larger solar rent payments start at this time. Step 4: Solar Farm Construction in Michigan Solar payments are phased as the project progresses. It starts with small solar lease payments during the option phase. Then it increases during the solar lease phase, it increases again during the construction phase of the solar farm, and the largest solar payment occurs when the solar farm is active and generating electricity. How Long Does It Take to Build a Solar Farm in Michigan? Usually it will take between 1 to 2 years to build a utility scale solar farm. It takes less time to build a community solar farm since they are usually smaller in size. Step 5: Active Solar Farm in Michigan After the construction has been completed, the solar farm is now considered ‘active.’ For landowners, this phase is called ‘production,’ as it signifies that their land is currently producing energy for the electrical grid that it is interconnected with. The production phase lasts anywhere from 25 to 50 years depending on what was negotiated on the lease. What Can a Solar Farm Power In Michigan? In Michigan, the average solar farm size is 60.8 acres generating approximately 8.5 megawatts (MW) of electricity when operating under optimal conditions. This output has the potential to cater to the energy needs of around 1,300 households as the typical electricity consumption of an average household in Michigan stands at 13,400 kilowatt-hours per year. What is the Impact of the IRA and Other Factors in Michigan? Michigan solar incentives have encouraged solar companies to develop more projects across the state. Additionally, favorable market conditions for electricity prices are encouraging investment into the solar sector in Michigan. Landowners and real estate agents should have an understanding of these incentives and market conditions to be prepared for potential offers for solar project deals. Michigan offers mainly the Federal Solar Tax Credit (ITC) as the primary incentive program for solar energy. You can combine this with the property tax exemption offered as well. Federal Solar Tax Credit (ITC) is 30% until 2032 which can be claimed in Michigan as well. Developers of community-scale and utility-scale solar projects are eligible for the Federal Solar Tax Credit as long as the solar energy systems they install meet the requirements. The tax credit percentage for community-scale solar and utility-scale solar projects is also 30% of the total project cost. This means that developers can claim 30% of the installation cost as a credit on their federal income taxes. Michigan's Renewable Energy Standard (RPS) mandated a gradual increase in the state's retail supply portfolio from 10% in 2015 to 15% by 2021. This applied to all retail electric providers. After 2021, investor-owned utilities continued to use renewable energy credits (RECs) to reach the 15% target, while others voluntarily retired RECs for the same goal. The 15% Renewable REC Portfolio is measured in RECs, with each REC equal to one megawatt-hour of renewable energy from sources like wind, solar, biomass, and hydroelectric power. The RPS offers "incentive credits" for specific renewable energy characteristics and allows the limited use of energy waste reduction credits instead of RECs. Michigan's utilities have met these targets primarily using wind power, resulting in a limited market for Solar Renewable Energy Certificates (SRECs) in the state. However, homeowners may consider selling SRECs in Ohio. Michigan does not currently have a viable SREC market as there is no solar carve-out. However, solar owners in Michigan are eligible to participate in the OH & PA Tier-I SREC markets. The goal for the future is 35% by 2025 (including energy efficiency and demand reduction). The increase in LMP pricing has made solar energy an attractive option for electricity generation in Michigan. LMP is a pricing method used in electricity markets to determine the cost of electricity at specific locations (called ‘nodes’) within the electrical grid. A PPA (Power Purchase Agreement) is a contract between a renewable energy developer (such as a solar company) and a power purchaser (such as a utility). Over the last three years, Michigan has only experienced a 5.47% increase in PPA pricing and an average price LMP price increase of 93.2% (this is expected to decrease by 1% in 2024). In the context of solar energy projects in Michigan, the relationship between LMP and PPA pricing lies in how the PPA sets the pricing terms for the electricity being sold. The fixed price in the PPA provides certainty to the solar developer about the revenue they will receive for the electricity that they produce. Meanwhile, the LMP serves as the market price for electricity at a specific node. When the LMP at a particular node in the grid is higher than the contract price specified in the PPA, it benefits the solar company, as they will receive the contract price and sell the electricity at a higher market price (increasing their revenues). This combination has aided in the rise of solar projects in Michigan. Commercial, Community, & Behind-the-Meter Michigan Solar Farms Typically, landowners and land professionals think of solar farms as huge plots of land covered in solar panels out in the middle of nowhere. However, this usually is not the case! In Michigan, solar farms typically 60.8 acres, allowing about 8.5 MW of electricity to be produced under ideal conditions. Commercial solar projects are the commonly largest energy projects being about 40+ acres of land. These solar farms usually feed their energy into the grid to the surrounding area. Realistically these solar farms can be any size as it depends on the capacity available within the grid. Community solar farms in Michigan serve energy customers directly within the same area or community. These solar farms tend to be smaller in size in relation to acreage and megawatts. Community solar is different from residential solar as residential solar panels are found on top of roof tops. Community solar projects can be larger, it just depends on the location. Commercial, residential, and industrial solar farms are all considered to be behind-the-meter solar farms. Behind-the-meter means that they are intended to generate power primarily for on-site consumption rather than selling it to the grid. Community solar and utility scale solar farms generate energy that is utilized in the grid to send it to all consumers a part of that grid. This means that they are front-of-the-meter solar farms. Discover Land’s Value For Solar Leasing in Michigan The solar energy industries within Michigan are growing to achieve energy goals for clean energy development. This makes it easier for landowners and real estate agents to participate in solar development deals. Landowners in Michigan can receive a free solar leasing estimate by identifying and claiming ownership of their parcel on our map. Realtors can assist their clients in learning about their property’s potential for solar energy by using LandGate. Land professionals can utilize LandGate’s data and analytics to provide their clients with information about their resource’s potential.

What Should Landowners Know About Solar Farm Development in Texas? As of August 2023, Texas is one of the most active states for solar farm leasing, activity, and development. The number of solar farms in Texas has been increasing exponentially over the past decade. This is a direct result of the implementation of various incentives promoting renewable energy generation across the state. Many solar developers are actively planning new projects across the state. This presents a great opportunity for landowners to earn a steady stream of income from their land through solar lease payments , also known as solar payments. Texas, which controls its grid largely independently of the rest of the nation, has seen considerable growth in solar power generation in recent years, which has helped fulfill the state's rising need for electricity. Texas has some of the strongest sunshine in the US and LandGate estimate shows that Texas will have the highest utility-scale solar development in 2023. Texas is the state that emits the most carbon dioxide each year in the US. Renewable project development has helped Texas reduce carbon pollution, making the environment safer. Since 2006, Texas has produced more electricity from the sun and wind than any other state. Although Texas lacks a nationwide solar tax credit or rebate scheme, many local governments and utility companies (both big and small) provide incentives to homes that install solar panels. Landowners in Texas are receiving offers from developers to lease land for solar farms . They often wonder how much their land is worth for a solar farm and if they are receiving a good offer. Leasing land for solar farms helps landowners provide their future generations with long-term financial stability. Several factors go into solar farm valuations that landowners and realtors should consider. LandGate is a marketplace that provides data intelligence to landowners while also providing them the opportunity to connect with Texas solar developers. Traditionally, developers would knock on landowners' doors or cold-call them. This old-fashioned way is not easy for landowners. It can be perceived as unwanted solicitation at a time when the landowner is not ready and doesn’t have enough information to feel comfortable talking about a solar farm on their land. LandGate provides useful data to landowners or to their agents to inform them for free about the value of their land for solar farm leasing. Equipped with more information, landowners can make good and fast decisions about pursuing a solar lease. What is the Process for Leasing Land for a Solar Farm in Texas? Step 1: Solar Farm Leasing Negotiation Period in Texas The solar lease negotiation process is the first step landowners take when interested in having a solar farm on their property. Land professionals can assist landowners during this period to make sure they are receiving the best deal possible but also understand the time period between signing the lease and having an active solar farm on their land. During the negotiations, landowners can negotiate solar lease payments, the length of the lease for the solar farm, and the percentage of the escalator to combat inflation. Step 2: Solar Lease Option Agreement in Texas The next step is for the landowner to get a solar farm option agreement. At that point, the solar developer has done a preliminary study, also called a feasibility study, to know if the site is potentially suitable for solar farm development. Why Can’t I Get a Solar Lease Agreement Directly? The process of a solar farm project in Texas begins with optioning the land, which is called “site control” by developers. The reason solar developers cannot go straight to a solar lease is that they have to evaluate the land thoroughly. Typically the initial screening study is good enough that this first due diligence process is all that is needed. Another larger uncertainty for solar developers is to know if the solar project will be accepted by the utility on the electrical infrastructure (or electrical network). We refer to this phase as “utility’s application” in the graph above and developers refer to this phase as “queue submission”. This means that the solar project enters the interconnection queue of that region waiting for regulatory approval. These queues are known as Independent Systems Operator (ISO) or Regional Transmission Organization (RTO). During this period, the analysis of possible engineering and land factors is conducted to determine the feasibility of the project to be constructed and connected to the grid. This is the reason why the solar developer starts with an option, as not all solar projects are approved by the ISO/RTO. How Likely Will My Texas Solar Option Become a Solar Lease? At the moment, about 20% of solar options become a solar lease and are built into a solar farm. Currently, the electrical infrastructure network is a big bottleneck. There are more applications of solar projects to get on transmission lines than available capacity. However, governments are aware of this situation and are working to ease it, to foster more solar development. This means that it will likely get resolved in the next few years. The problem of available capacity applies only to utility-scale solar farm projects, which are typically greater than 5MW capacity. Where Can a Landowner Get More Information About the Solar Lease / Option Period in Texas? LandGate assists landowners with determining the value of their land for a solar farm. We do this by taking into account the proximity of substations, transmission lines, and state incentives - each of which plays a role in site control. Am I Getting Paid During the Solar Option Period? Yes. Solar payments start during the option period but are usually smaller compared to the solar payments during the lease or construction phase of the solar farm. Step 3: Solar Farm Lease Agreement in Texas Once the availability of grid capacity is confirmed, the solar project is moved to a “planned” phase. During this time, the developers will exercise the solar farm option agreement to become a solar farm lease agreement. Typically larger solar rent payments start at this time. Step 4: Solar Farm Construction in Texas Solar payments are phased as the project progresses. It starts with small solar lease payments during the option phase. Then it increases during the solar lease phase, it increases again during the construction phase of the solar farm, and the largest solar payment occurs when the solar farm is active and generating electricity. Getting paid for a solar lease can take many forms, and the payment terms vary. How Long Does It Take to Build a Solar Farm in Texas? Usually, it will take between 1 to 2 years to build a utility-scale solar farm. It takes less time to build a community solar farm since they are usually smaller in size. Step 5: Active Solar Farm in Texas After the construction has been completed, the solar farm is now considered ‘active.’ For landowners, this phase is called ‘production,’ as it signifies that their land is currently producing energy for the electrical grid that it is interconnected with. The production phase lasts anywhere from 25 to 50 years depending on what was negotiated on the lease. What Can a Solar Farm Power in Texas? In Texas, the average solar farm size is 100 acres generating approximately 25 megawatts (MW) of electricity when operating under optimal conditions. This output has the potential to cater to the energy needs of around 8,000 households as the typical electricity consumption of an average household in Texas stands at 14,300 kilowatt-hours per year. What is the Impact of the IRA and Other Factors in Texas? Texas solar incentives have encouraged solar companies to develop more projects across the state. Additionally, favorable market conditions for electricity prices and power purchase agreements are encouraging investment into the solar sector in Texas. Landowners and real estate agents should have an understanding of these incentives and market conditions to be prepared for potential offers for solar project deals. Inflation Reduction Act: This bill passed in 2022 and became effective at the beginning of 2023 provides incentives to reduce renewable energy costs for organizations on a business, educational institution, and state level. More specifically, in Texas, solar energy is eligible for a tax credit. Small-scale power generators, such as solar photovoltaic (PV) systems, reduce the quantity of electricity that utilities must generate, transfer, and buy from outside sources. Although a statewide rebate program is not available in Texas, several utility companies offer rebate programs. Companies such as American Electric Power (AEP) Texas, Austin Energy, CPS Energy, and Oncor provide these incentives depending on the solar project size and location. The combination of an increase in LMP pricing plus a decline in PPA pricing has made solar energy an attractive option for electricity generation in Texas. LMP is a pricing method used in electricity markets to determine the cost of electricity at specific locations (called ‘nodes’) within the electrical grid. A PPA (Power Purchase Agreement) is a contract between a renewable energy developer (such as a solar company) and a power purchaser (such as a utility). Over the last three years, Texas experienced a notable 14.5% reduction in PPA pricing and an average price LMP price increase of 54.0% (this is expected to increase by an additional 18.6% in 2024). In the context of solar energy projects in Texas, the relationship between LMP and PPA pricing lies in how the PPA sets the pricing terms for the electricity being sold. The fixed price in the PPA provides certainty to the solar developer about the revenue they will receive for the electricity that they produce. Meanwhile, the LMP serves as the market price for electricity at a specific node. When the LMP at a particular node in the grid is higher than the contract price specified in the PPA, it benefits the solar company, as they will receive the contract price and sell the electricity at a higher market price (increasing their revenues). This combination has aided in the rise of solar projects in Texas. Commercial, Community, & Behind-the-Meter Texas Solar Farms Typically, landowners and land professionals think of solar farms as huge plots of land covered in solar panels out in the middle of nowhere. However, this usually is not the case! In Texas, solar farms typically have 100 acres, allowing about 25 MW of electricity to be produced under ideal conditions. However, smaller acreage applies to community solar farms. There are a few differences between community and commercial solar farms : Commercial solar projects are the commonly largest energy projects being about 40+ acres of land. These solar farms usually feed their energy into the grid to the surrounding area. Realistically these solar farms can be any size as it depends on the capacity available within the grid. Community solar farms in Texas serve energy customers directly within the same area or community. These solar farms tend to be smaller in size about acreage and megawatts. Community solar is different from residential solar as residential solar panels are found on top of rooftops. Community solar projects can be larger, it just depends on the location. Commercial, residential, and industrial solar farms are all considered to be behind-the-meter solar farms. Behind-the-meter means that they are intended to generate power primarily for on-site consumption rather than selling it to the grid. Community solar and utility-scale solar farms generate energy that is utilized in the grid to send it to all consumers a part of that grid. This means that they are front-of-the-meter solar farms. Discover Land’s Value For Solar Farm Leasing in Texas The solar energy industries within Texas are growing to achieve energy goals for clean energy development. This makes it easier for landowners and real estate agents to participate in solar development deals. Landowners in Texas can receive a free solar leasing estimate by identifying and claiming ownership of their parcel on our map. Realtors can assist their clients in learning about their property’s potential for solar energy by using LandGate. Land professionals can utilize LandGate’s data and analytics to provide their clients with information about their resource’s potential.

What Should Landowners Know About Solar Farm Development in New Jersey? As of July 2024, New Jersey is making significant strides in the solar energy sector with 5,362 MW of installed solar capacity, making it the 10th largest state in terms of solar capacity generated. The state has seen a substantial investment of $15 billion in solar energy which has spurred further investments. Over the next five years, New Jersey is projected to add another 2,650 MW of solar capacity. Solar energy in New Jersey currently powers approximately 915,211 homes. Notable policies such as the Renewable Portfolio Standard and various state and federal incentives support the growth of solar manufacturing and installations across the state. Companies like CEP Renewables and Atlantic City Energy are playing a pivotal role, with significant investments in solar manufacturing facilities, enhancing the state's renewable energy infrastructure.​ Landowners in New Jersey are receiving offers from developers to lease their land for solar farms. They often wonder how much their land is worth for solar farm leasing and if they are receiving a good offer. Leasing land for solar farms helps landowners provide their future generations with long-term financial stability. Several factors go into solar farm valuations that landowners and realtors should consider.  LandGate is a marketplace that provides data intelligence to landowners while also providing them the opportunity to connect with New Jersey solar developers. Traditionally, developers would knock on landowners' doors or cold-call them. This old-fashioned way is not easy for landowners. It can be perceived as unwanted solicitation at a time when the landowner is not ready and doesn’t have enough information to feel comfortable talking about a solar farm on their land. LandGate provides useful data to landowners or to their agents to inform them for free about the value of their land for solar farm leasing. Equipped with more information, landowners can make good and fast decisions about pursuing a solar lease. What is the Process for Leasing Land for a Solar Farm in New Jersey? Step 1: Solar Lease Negotiation Period in New Jersey The solar lease negotiation process is the first step landowners take when interested in having a solar farm on their property. Land professionals can assist landowners during this period to make sure they are receiving the best deal possible  but also understand the time between signing the lease and having an active solar farm on their land.  During the negotiations, landowners can negotiate solar lease payments, the length of the lease for the solar farm, and the percentage of the escalator to combat inflation. Step 2: Solar Lease Option Agreement in New Jersey The next step is for the landowner to get a solar farm option agreement. At that point, the solar developer has done a preliminary study, also called a feasibility study, to know if the site is potentially suitable for solar farm development. Why Can’t I Get a Solar Lease Agreement Directly? The process of a solar farm project in New Jersey begins with optioning the land, which is called “site control” by developers. The reason solar developers cannot go straight to a solar lease is that they have to evaluate the land thoroughly. Typically the initial screening study is good enough that this first due diligence process is all that is needed. Another larger uncertainty for solar developers is to know if the solar project will be accepted by the utility on the electrical infrastructure (or electrical network). We refer to this phase as “utility’s application” in the graph above and developers refer to this phase as “queue submission”. This means that the solar project enters the interconnection queue of that region waiting for regulatory approval.  These queues are known as Independent Systems Operator (ISO) or Regional Transmission Organization (RTO). During this period, the analysis of possible engineering and land factors is conducted to determine the feasibility of the project to be constructed and connected to the grid. This is the reason why the solar developer starts with an option, as not all solar projects are approved by the ISO/RTO. How Likely Will My New Jersey Solar Option Become a Solar Lease? At the moment, about 20% of solar options become a solar lease and are built into a solar farm. Currently, the electrical infrastructure network is a big bottleneck. There are more applications of solar projects to get on transmission lines than available capacity.  However, governments are aware of this situation and are working to ease it, to foster more solar development. This means that it will likely get resolved in the next few years. The problem of available capacity applies only to utility-scale solar farm projects, which are typically greater than 5 MW capacity.  Where Can a Landowner Get More Information About the Solar Lease / Option Period  in New Jersey ? LandGate assists landowners with determining the value of their land for a solar farm. We do this by taking into account the proximity of substations, transmission lines, and state incentives - each of which plays a role in site control. Am I Getting Paid During the Solar Option Period? Yes. Solar payments start during the option period but are usually smaller compared to the solar payments during the lease or construction phase of the solar farm. Step 3: Solar Lease Agreement in New Jersey Once the availability of grid capacity is confirmed, the solar project is moved to a “planned” phase. During this time, the developers will exercise the solar farm option agreement to become a solar farm lease agreement. Typically larger solar rent payments start at this time. Step 4: Solar Farm Construction in New Jersey Solar payments are phased as the project progresses. It starts with small solar lease payments  during the option phase. Then it increases during the solar lease phase, it increases again during the construction phase of the solar farm, and the largest solar payment occurs when the solar farm is active and generating electricity. How Long Does It Take to Build a Solar Farm in New Jersey ? Usually, it will take between 1 to 2 years to build a utility-scale solar farm. It takes less time to build a community solar farm since they are usually smaller in size. Step 5: Active Solar Farm in New Jersey After the construction has been completed, the solar farm is now considered ‘active.’ For landowners, this phase is called ‘production,’ as it signifies that their land is currently producing energy for the electrical grid that it is interconnected with. The production phase lasts anywhere from 25 to 50 years depending on what was negotiated on the lease. What Can a Solar Farm Power In New Jersey? In New Jersey, the average solar farm size is 37.26 acres generating approximately 3.5 megawatts (MW) of electricity when operating under optimal conditions. This output has the potential to cater to the energy needs of around 3,410 households as the typical electricity consumption of an average household in New Jersey stands at 8,902 kilowatt-hours per year. What is the Impact of the IRA and Other Factors in New Jersey? There are several federal and state incentives available for solar development in New Jersey, intended to encourage the use of solar energy by making solar power more affordable for businesses and organizations that install solar systems. These incentives can improve the financial viability of solar projects since they lower the initial costs and increase the return on investment. Solar project incentives aid in the switch to clean, renewable energy sources, which lower greenhouse gas emissions and slow climate change. Incentives aid in increasing the deployment of solar projects by making solar energy more financially appealing, replacing fossil fuel-based power, and lowering the environmental effects related to traditional energy sources. NJ Solar Development Incentive Type About Renewable Portfolio Standard (RPS) State New Jersey's RPS requires that 50% of the state's electricity come from renewable sources by 2030, with a specific carve-out for solar energy. By 2050, 100% of electricity sold in the state must come from renewable sources.​ Federal Solar Tax Credit, Solar Tax Credit  (ITC) Federal The ITC allows for a 30% tax credit on the cost of solar system installation, applicable through 2032. Furthermore, solar panel installations are exempt from sales tax and any value-added property tax that may be levied from it. Renewable Electricity Production Tax Credit (PTC) Federal The PTC is an inflation-adjusted per-kilowatt-hour (kWh) tax credit for electricity generated by qualified energy resources, which includes solar, and sold by the taxpayer to an unrelated person during the taxable year. The credit duration is 10 years after the facility is placed in service. Successor Solar Incentive (SuSI) Program State New Jersey's SuSI Program provides incentives for solar projects based on administratively determined incentives (ADIs) and competitive solicitation. This program supports both residential and commercial solar installations. Sales Tax Exemption for Renewable Energy Equipment State This exemption eliminates sales tax on the purchase of solar energy systems and components used in the production of renewable energy. Property Tax Exemption for Renewable Energy Systems State Solar energy systems installed on residential properties are exempt from property tax assessments, reducing the overall cost burden for homeowners. Net Metering State New Jersey mandates net metering for investor-owned utilities (IOUs), municipal utilities, and electric cooperatives. This allows solar energy system owners to receive credits on their utility bills for excess energy generated and returned to the grid, usually at the full retail electricity price. New Jersey Clean Energy Program (NJCEP) State The NJCEP offers various rebates and incentives for residential, commercial, and industrial solar installations. The program aims to increase energy efficiency and the use of renewable energy in New Jersey. Solar Loan Program State This program provides financing options for residential and commercial solar projects. The loans are designed to make solar installations more affordable and accessible. The combination of federal incentives, state-specific programs, and financing options make solar energy projects significantly more accessible and financially attractive in New Jersey. These incentives are designed to encourage the adoption of solar power, reduce greenhouse gas emissions, and support the transition to a more sustainable energy future. The expected increase in LMP pricing (19% in 2025) has made solar energy an attractive option for electricity generation in New Jersey. LMP is a pricing method used in electricity markets to determine the cost of electricity at specific locations (called ‘nodes’) within the electrical grid. A PPA (Power Purchase Agreement) is a contract between a renewable energy developer (such as a solar company) and a power purchaser (such as a utility). Over the last three years, New Jersey has experienced a marginal 1.8% increase in PPA pricing and an average LMP price decrease of 15.23% (this is expected to increase by 19% in 2025). In the context of solar energy projects in New Jersey, the relationship between LMP and PPA pricing lies in how the PPA sets the pricing terms for the electricity being sold. The fixed price in the PPA provides certainty to the solar developer about the revenue they will receive for the electricity they produce. Meanwhile, the LMP serves as the market price for electricity at a specific node. When the LMP at a particular node in the grid is higher than the contract price specified in the PPA, it benefits the solar company, as they will receive the contract price and sell the electricity at a higher market price (increasing their revenues). Although New Jersey has seen a decrease in LMP over the past three years, the expected increase in LMP by 2025, combined with stable PPA pricing, makes New Jersey an attractive option for consumers and developers of electricity. This combination has aided in the rise of solar projects in New Jersey. Typically, landowners and land professionals think of solar farms as huge plots of land covered in solar panels out in the middle of nowhere. However, this usually is not the case! In New Jersey, solar farms are typically 37.26 acres, allowing about 3.5 MW of electricity to be produced per farm under ideal conditions.  Commercial, Community, & Behind-the-Meter Solar Farms  New Jersey has witnessed notable growth in community and distributed solar generation. The state is actively developing a pipeline for small-scale solar projects, and there has been significant discussion regarding community solar programs . In 2018, the Clean Energy Act was passed, establishing the Community Solar Energy Pilot Program. Building on this, New Jersey's community solar programs, supported by the New Jersey Board of Public Utilities (NJBPU), allow residential, commercial, and industrial customers to benefit from solar energy collectively. Overseen by the NJBPU, these programs offer subscription models, enabling participants to share in energy credits, thus making renewable energy more accessible statewide. Furthermore, Governor Phil Murphy’s recent move to expand the Community Solar Energy Program has simplified the application process for solar installations, ultimately ensuring greater capacity and financial savings for New Jersey residents. Commercial solar projects  are the commonly largest energy projects being about 40+ acres of land. These solar farms usually feed their energy into the grid and the surrounding area. Realistically these solar farms can be any size depending on the capacity available within the grid.  Discover Land’s Value For Solar Leasing in New Jersey The solar energy industries within New Jersey are growing to achieve energy goals for clean energy development. This makes it easier for landowners and real estate agents to participate in solar development deals. Landowners in New Jersey can receive a free solar leasing estimate by identifying and claiming ownership of their parcel on our map.  CTA: Get a Free Property Report Realtors can assist their clients in learning about their property’s potential for solar energy by using LandGate. Land professionals can utilize LandGate’s data and analytics to provide their clients with information about the potential of their resources. CTA: Subscribe to PowerRealty

Mineral Value & Mineral Offers: FAQ's Understanding the value of your mineral rights is essential when considering mineral lease offers. Whether you're sitting on a piece of property rich in oil, gas, or other valuable resources, knowing how these rights are assessed can help you make informed decisions. Factors such as location, resource availability, and market demand all play a role in determining the worth of your mineral rights, ensuring you maximize potential lease earnings. In this guide, we'll outline commonly asked questions and answers about mineral rights values and mineral lease offers. I received an offer for my mineral rights. What should I do? It is very common for mineral buyers and flippers to mass mail mineral owners and try to buy mineral interests from those who respond. The worst thing you can do as a mineral owner is make an uninformed financial decision when it comes to leasing or selling your mineral rights. LandApp’s goal is to equip mineral owners with information that assists them in maximizing the value of their mineral rights. A mineral owner can search for their property on LandApp's map to get a free estimated value of their oil and gas rights on a dollar per acre ($/acre) basis. Any client who lists their minerals for sale or lease on LandApp’s marketplace will receive a free valuation report showing both the full reserve value and the market value of their mineral assets. There is no obligation to sell on LandApp's marketplace and any offer can be accepted, rejected or countered. I received similar offers for my mineral interest. Does this mean the offer is on par with oil & gas market value? Similar mineral rights offers are not an indication of market value. It is common for mineral buyers and flippers to create subsidiaries wholly-owned by the same parent company. These subsidiaries send offer letters at the same time. For example, one subsidiary sends an offer for $1,000/ac, the other for $1,100/ac, and another of these subsidiaries sends an offer for $1,150/ac. The mineral owner will think that the market value is around $1,100/ac, and may feel great negotiating a deal at $1,400/ac. The real market value could be 5 times the amount being offered by these buyers. This tactic is orchestrated by the mineral buyer to give a false sense of market value to the mineral owner. I got an offer in the mail to lease my minerals. How do I know if the mineral offer is a good deal? It may not be. Operators lease land from mineral owners to develop oil & gas wells and sell the commodity to the market. Since you own the minerals, they must lease the land from you and offer a share of the revenue in addition to other terms specified in the lease such as lease bonus and royalty . In an ideal situation, these lease agreements should be a win/win for both parties. However, when it comes to understanding the economics, the operator is at an advantage having advanced technical knowledge, staff, and resources. How much are my mineral rights worth? LandApp provides a free estimate of your mineral rights directly online. Simply type in your address on LandApp's map to get a free estimated value on a dollar per acre ($/acre) basis. Only LandApp provides this information to you at no cost and with no obligations. If you choose to list on LandApp's marketplace, you’ll receive a report that estimates the value of your mineral rights so that you make informed decisions when you do receive offers on your oil & gas rights. The landman who made an offer on my mineral rights gave me a deadline for accepting. They say the offer is off the table if I don’t accept by that date. Should I hurry up and sign? Definitely not! Deadlines on a purchase offer are a pressure sales tactic and they often result in a low sale or lease price for your mineral rights. Keep calm in this situation, and don’t allow the urgency to impact your better decision making process. Professional interactions should involve clear communication with room for questions and flexibility within agreements. While the deal terms may or may not be fair, it is important to be informed about the terms of the mineral deal and the value of your asset. To maximize value when you lease or sell your mineral rights, the key is to get your asset in front of a large audience of mineral rights buyers. This allows these buyers to compete against one another, driving up the price and ensuring that you get the maximum market value when you sell your royalty interests. In most cases, creating a competitive situation where multiple buyers are making offers on your minerals is the best way to maximize the sale or lease price of your mineral rights. Why did my neighbor receive a lower or higher offer for their minerals? A nearby sales or lease price is not a measure of what your minerals are worth. The primary consideration when it comes to what your minerals are worth is geology. The subsurface is just as dynamic and changing as the surface, only we can’t see it. Geology is a key driver in mineral value and can change drastically within a short distance, which means different mineral values for properties that are nearby. There are other important factors to consider when it comes to the value of your mineral rights such as: Mineral royalty rate Amount of mineral acres Existing or historical wells on the property Oil and gas market conditions Different companies have approached me offering different amounts for the lease bonus and royalty on my mineral rights. What do these terms mean, and why do they vary? A lease bonus is a one-time payment made to you, the mineral owner, on a per/acre basis at the time the lease is signed. An oil & gas royalty payment is a percentage of the proceeds from the sale of production paid monthly to the mineral owner. Historically, royalty retained by the mineral owner in the lease has ranged between 12.5% to 25%. The lower royalty you retain in the lease, the higher net revenue is retained by the operator. As an example, if you retain a 25% royalty, the operator could pay 100% of the cost to drill, complete and market the production and retain 75% of the revenue interest. If you retain a 12.5% royalty, the operator retains 87.5% of the revenue and recovers its investment much faster. One thing to consider is that operators prefer to drill on oil and gas leases with a lower royalty. So, accepting a lower royalty and taking more cash in lease bonus could increase the chance your minerals get drilled and produced. Some mineral owners could receive a much higher lease bonus if they retain a lower royalty. Royalty is only received by the mineral owner if a well is drilled and completed, and if it is a producer. If a well is drilled and does not produce oil or gas (a “dry hole”), or if a well is never drilled, the mineral owner would have benefited from receiving a higher lease bonus. Is it a good idea to have my attorney negotiate the lease or sale of my minerals? We have a great respect for attorneys and work with them on legal matters, but attorneys cannot value your minerals and are not professional mineral negotiators. An attorney gets paid a large hourly rate, and unfortunately, the more difficult your transaction becomes and the longer it takes, the more they get paid by you. If an attorney offers to work for a commission, they are likely in violation of ethics rules and can face disciplinary action by the ethics board of the state. You can use an attorney to review the legal documents for the lease or sale of your minerals. If you do not know of an attorney, we can refer you to an attorney in your state specialized in oil & gas transactions. How can I sell my mineral rights? Mineral rights owners can list their properties for sale for free on LandApp's nationwide marketplace. There are no fees or commissions to list, and there are no obligations to accept any offers. LandApp's marketplace is used by a unique network of traditional buyers plus premium buyers, like oil and gas developers, property investors, and more, helping you to get the most value from the sale of your mineral rights.

Electric school buses are becoming an increasingly popular topic in the transportation industry, especially with the rise of electric vehicles and the push for more sustainable modes of transportation. This has led to the federal government taking notice and offering funding opportunities for electric school buses through the Bipartisan Infrastructure Law. Government  and education organizations  can advertise their available properties (land, rooftops, parking lots) for lease for clean energy (solar, wind, EV charging, energy storage) on LandApp's marketplace  for free to contribute to sustainability initiatives and generate revenue. A unique network of renewable energy developers actively uses LandApp's platform to plan new projects and submit lease offers to agency property owners across the country. By listing your property for lease for free on LandApp's competitive marketplace, you're displaying your property to a wide network of trusted renewable energy developers actively seeking government property to lease for new projects. Learn more about LandApp's free services for government agencies below: What is the EPA Clean School Bus Program? Funded by the 2021 Bipartisan Infrastructure Law, the EPA's Clean School Bus Program  allocates $5 billion over five years (FY 2022-2026) to replace traditional school buses with zero-emission and low-emission models powered by alternative fuels. Eligible applicants can receive up to 100% funding for the cost of replacement buses, as well as associated charging equipment or fueling infrastructure. Alternative fuels supported by the program include electricity, natural gas, hydrogen, and propane. In response to overwhelming demand for electric school bus funding through the 2022 Clean School Bus Rebates and 2023 Clean School Bus Grants, the EPA launched a third round of funding in September 2023. This $500 million rebate program allows applications until February 14, 2024. With nearly $1 billion already awarded, the program marks a significant milestone in providing cleaner, healthier transportation for children. As of October 2024, the program has funded more than 8,000 electric school buses in school districts with more than 16 million students across the nation. Benefits of the EPA Clean School Bus Program There are many benefits of the EPA's Clean School Bus Program, including improvements in air quality, combating climate change, saving costs, and contributing to power grid resiliency. Improves Air Quality Children are particularly vulnerable to respiratory illnesses triggered by diesel particulates, so electrifying school bus fleets not only safeguard kids' health but also secures a healthier future for them. According to Jay Inslee, the Governor of Washington, the benefits of the program  are already making noticeable differences in kids' health. He said "We’ve seen tremendous benefits to our kids’ physical and mental health. Not only do we see fewer asthma attacks because of electric buses, we also see calmer, happier kids because they no longer have to shout to hear each other over noisy diesel engines.” Combats Climate Change The EPA says the reduction in greenhouse gas emissions from all of these new buses will also help to ‘address the outsized role of the transportation sector in fueling the climate crisis’. The EPA claims that if half of all school buses in the country switched from diesel to electric, about 2.1 million tons of carbon dioxide (CO2) could be reduced annually (even when accounting for emissions from electricity generation), effectively accelerating the push towards decarbonization . With diesel buses contributing to air pollution and carbon emissions, transitioning to electric school buses will greatly reduce the environmental impact of student transportation. This is a crucial step in combating climate change and creating a more sustainable future for generations to come. Cost Savings While electric buses may have higher upfront costs, they offer significantly lower operating and maintenance expenses compared to diesel buses. For instance, regenerative braking systems in electric buses reduce wear and tear on brakes, extending their lifespan. Moreover, the reduced need for oil changes, fuel, and engine repairs translates into substantial savings for school districts. These cost reductions free up valuable resources that can be reinvested into schools, making electric buses a smarter, more sustainable choice for transportation. Contributes to Power Grid Resiliency Electric school buses have the potential to do more than transport students- they can also act as mobile energy storage units, supplying power to the grid and local communities when not in use. These buses often remain idle during periods of high renewable energy production, such as sunny afternoons in the summer, making them ideal for storing excess solar energy. With advancements in vehicle-to-grid (V2G) technology, their bidirectional batteries can store surplus energy and return it to the grid during times of peak demand. This innovative approach positions electric school buses as a valuable asset in supporting sustainable energy systems. This function of battery storage facilities  becomes crucial with the integration of more renewable energy sources into the grid because renewable energy is intermittent—the wind blows and the sun shines, generating power through solar panels  and wind turbines, but not always when consumers need electricity. As more renewable energy sources are added to the grid, energy storage technologies like V2G batteries can store surplus energy, and then send it back to the grid when it is needed most. Electric school buses come with steep upfront costs, often costing two to three times more than traditional diesel models. However, these costs can be partially offset through programs that allow buses to supply power back to the grid. This not only helps ease the financial burden of transitioning to electric school buses, but also enhances grid reliability and resilience. It’s a win-win for school districts, utility providers, and the environment. FAQ's About the EPA Clean School Bus Program This program presents a unique opportunity for school districts and universities to save money and get involved with climate change efforts. Explore some commonly asked questions about the program below: 1. Who is Eligible for the EPA Clean School Bus Program Funding? Eligible applicants include government and education organizations. The EPA can award up to 100% of the cost of the replacement bus, charging equipment, or fueling infrastructure. 2. What Types of Fuels do the New Buses Operate On? The new electric school buses can operate on electricity, natural gas, hydrogen, or propane. 3. How Does the EPA Clean School Bus Program B enefit Students? The program helps improve air quality by reducing diesel particulates that can cause respiratory illnesses among children. It also contributes to a healthier environment and helps combat climate change by reducing greenhouse gas emissions. 4. What Are the Benefits of Electric School Buses Compared to Traditional Buses? Electric buses have lower operating and maintenance costs compared to diesel buses, offering long-term savings on fuel, maintenance, and repairs. Additionally, electric buses can potentially supply power back to the grid, providing a new revenue stream. Montgomery County Clean Energy Bus Depot In June 2024, Montgomery County, Maryland, broke ground on the Brookville Smart Energy Bus Depot near Rockville, marking a major step towards sustainable public transportation. This cutting-edge facility will support up to 70 electric buses, powered by a solar canopy and battery storage system. By transitioning from diesel to electric buses, the county aims to reduce lifetime emissions by 62%—equivalent to over 160,000 tons of greenhouse gases over the next 25 years. Backed by innovative engineering from Arup, this project is a model for clean energy solutions in public transit. The 5.5-megawatt microgrid will boast a solar array, electric bus chargers, battery storage and a hydrogen electrolyzer powered by solar panels. It’s also self-contained allowing independent operations during power outages. Specifically, the microgrid will include:   5.65 MWDC of rooftop and canopy solar generation  2 MW/6.88 MWh battery energy storage  Up to 2.25 MW of charging capacity  1 MW hydrogen electrolyzer  Software tools and IoT-connected hardware   According to the   Montgomery County Government , the microgrid will not only support on-site production of green hydrogen, a resilient fuel source for FCEBs, but also contribute up to two megawatts (MW) of renewable energy back to the utility grid through a Pepco net metering program. With increasing concerns about air pollution, climate change, and the need for sustainable transportation solutions, electric buses are becoming an increasingly popular option for cities around the world. In addition to benefits such as improved air quality and cost savings, advancements in battery technology are making electric buses a viable option for long-distance travel as well. As we continue to prioritize sustainable practices and invest in clean energy, the widespread adoption of electric buses will play a significant role in creating a cleaner and healthier environment for generations to come.  So, while Rockville's microgrid project may be the largest in the nation now, it is only one step towards a more sustainable and environmentally-friendly future. In fact, many major cities have already committed to transitioning their entire bus fleets to electric by 2030 or sooner. With this momentum, it is clear that electric buses are not just a passing trend, but rather the future of public transportation. How Can Schools and Universities Contribute to Clean Energy Production? Schools and Universities  have an opportunity to drive sustainability and support clean energy initiatives by leasing their properties for solar or wind energy projects. LandApp's marketplace allows property owners and government organizations to list assets such as land, rooftops, or parking lots for renewable energy development—including solar, wind, EV charging, and energy storage—completely free of charge. A nationwide network of renewable energy developers actively uses LandApp's platform to identify potential projects and submit competitive lease offers. By listing your educational organization's property on LandApp, you can maximize its value while contributing to clean energy solutions.

Wetlands are often overlooked, yet they hold immense value both ecologically and economically. For property owners, understanding and preserving these areas can lead to significant benefits. In this comprehensive guide, you'll learn how to locate wetlands on your property, understand their importance, and explore the potential advantages they bring. What Are Wetlands? Wetlands are unique ecosystems characterized by saturated soil conditions and the presence of water-loving plants. They can be found in various forms, including marshes, swamps, bogs, and fens. These areas are not only rich in biodiversity but also play a crucial role in water filtration, flood control , and carbon storage. Wetlands are vital for maintaining ecological balance. They provide habitat for a wide range of species, from birds and fish to amphibians and insects. Wetlands also act as natural water purifiers, trapping pollutants and sediments before they reach larger water bodies. Additionally, they help mitigate flooding by absorbing excess rainwater and releasing it slowly over time. Understanding Wetland Regulations Before you start exploring and managing wetlands on your property, it's essential to understand the legal framework surrounding them. In the United States, wetlands are protected under several federal and state regulations, including the Clean Water Act. These laws aim to prevent the destruction of wetlands and ensure their conservation . Federal Regulations: The Clean Water Act is the primary federal law governing wetlands. It requires permits for any activities that may impact wetlands, such as construction or drainage. The U.S. Army Corps of Engineers and the Environmental Protection Agency (EPA) oversee the implementation of this act. State and Local Regulations: States and local governments may have additional regulations and guidelines for wetland protection. These can vary widely, so it's crucial to consult your local environmental agency for specific requirements in your area. Identifying Wetlands on Your Property Locating wetlands on your property involves a combination of visual observation, soil testing, and mapping. Here are some steps to help you identify these valuable ecosystems. Visual Cues Start by looking for signs of wetland vegetation. Plants like cattails, reeds, and water lilies are common indicators of wetlands. Pay attention to areas with standing water or saturated soil, especially after rainfall. Soil Testing Wetland soils, known as hydric soils, are typically dark and rich in organic matter. They may have a distinct smell due to anaerobic conditions. A simple soil test  can help you determine if the soil on your property meets the criteria for hydric soils. Mapping Tools Various mapping tools and resources are available to help you identify wetlands. The National Wetlands Inventory (NWI) provides detailed maps of wetlands across the United States. Geographic Information Systems (GIS) can also be used to analyze wetland data and visualize their locations. LandGate’s LandApp tool provides users with specialized tools to view specific wetlands on properties across the United States. You can view different land categories for water present on the property labeled as a 100-year flood zone, waterway, federal wetland, state wetland, and water well. If you are interested in just viewing your property’s wetlands you can receive a free property report!  Benefits of Managing Wetlands on Private Property Owning and managing wetlands can bring a range of benefits, from environmental conservation to financial opportunities. Here are some key advantages. Environmental Conservation : Preserving wetlands contributes to biodiversity and soil health. Water Management : Enhances water rights  and ensures sustainable water supply. Acts as natural reservoirs, absorbing and storing water during rainy periods. Mitigates the impact of droughts and floods. Recreational Opportunities : Supports activities like birdwatching, fishing, and kayaking. Attracts visitors and generates income through eco-tourism. Provides habitats for wildlife, appealing to nature enthusiasts and photographers. Potential for eco-friendly accommodations and guided tours. Agricultural Benefits : Wet meadows can be used for grazing livestock during dry seasons. Harvesting wetland plants like wild rice for additional income. Supports agricultural diversity and regional economy. Climate Change Mitigation : Wetlands act as carbon sinks, sequestering carbon dioxide. Contributes to reducing greenhouse gas emissions. Opens opportunities for carbon credit programs. Challenges of Managing Wetlands While wetlands offer numerous benefits, they also come with challenges that property owners need to address. Regulatory Compliance: Navigating the complex web of federal, state, and local regulations can be daunting. It's essential to stay informed about any changes in wetland laws and ensure that all activities on your property comply with these regulations. Invasive Species: Wetlands are susceptible to invasive species that can disrupt the ecosystem and harm native plants and animals. Regular monitoring and management are required to keep invasive species in check. Maintenance Costs: Maintaining wetlands can be costly, especially if restoration or enhancement projects are needed. However, various grants and funding opportunities are available to support wetland conservation efforts. Engaging with Conservation Groups Collaborating with local conservation groups and government agencies can provide valuable support and resources for managing wetlands on your property. Local Conservation Groups Many non-profit organizations focus on wetland conservation and can offer expertise, funding, and volunteer support. Joining these groups can also help you stay updated on best practices and new developments in wetland management. Government Agencies Federal and state agencies, such as the U.S. Fish and Wildlife Service, offer programs and incentives for wetland conservation. These programs can provide financial assistance for restoration projects and technical guidance. Practical Tips for Wetland Management To make the most of the wetlands on your property, consider the following practical tips.   Conduct regular inspections to assess the health of your wetlands. Look for signs of erosion, invasive species, and changes in water levels. Keep detailed records of your observations to track trends over time. If your wetlands have been degraded, consider undertaking restoration projects. These can include planting native vegetation, removing invasive species, and re-establishing natural water flow patterns. Engage your local community in wetland conservation efforts. Organize volunteer events, educational workshops, and guided tours to raise awareness and build support for your initiatives. Identifying Wetlands Wetlands are invaluable assets that offer a range of ecological and economic benefits. By understanding how to locate and manage wetlands on your property, you can contribute to conservation efforts while enhancing the value of your land. Remember to stay informed about regulations, seek support from conservation groups, and implement best practices for wetland management.

As the world shifts towards sustainable energy solutions, tribal lands emerge as a unique opportunity for renewable energy development. These areas, often rich in natural resources and cultural significance, provide a fertile ground for harnessing solar, wind, and hydroelectric power. Not only do these projects offer substantial environmental benefits, but they also foster economic growth and energy independence for Indigenous communities. In this resource, we will explore the various advantages of utilizing tribal land for renewable energy initiatives and explore case studies of Tribal energy projects successes that have transformed the energy landscape while providing value to the Tribes. Renewable Energy Development on Tribal Lands According to the U.S. Department of Energy , there are currently more than 240 tribal energy projects, producing nearly 63 MW of clean energy that supports over 11,000 buildings on tribal property. Tribal Clean Energy Project Successes The amount of clean energy projects on tribal lands continues to grow as a result of DOE investments and new federal funding policies. Here are some examples of notable clean energy project successes on tribal lands: 1) The Federated Indians of Graton Rancheria Rooftop Solar Farm The Federated Indians of Graton Rancheria installed a 1.5 MW solar system on the rooftop of their casino in Sonoma County, CA. The system started generating solar energy in April 2022, effectively offsetting the energy consumption of the resort and casino. This initiative not only reduced FIGR's costs but also enhanced their commitment to environmental stewardship and community support. The Tribe's $1.6 million investment in the project was bolstered by a nearly $2.0 million grant from the U.S. Department of Energy's Office of Indian Energy. Along with benefiting the Tribe, the energy and cost savings from the solar farm supports FIGR's efforts to serve the community through environmental and social justice programs and initiatives. 2) The Karuk Tribe's Community Solar Farm The Karuk Tribe, situated in Northern California, is actively pursuing clean energy objectives while reducing reliance on traditional grid power. They are developing several grid-tied solar photovoltaic (PV) systems paired with battery storage . One significant project includes a 947-kilowatt (kW) ground-mounted solar PV system, projected to offset over 90% of the annual energy consumed by the casino and its office trailers. Additionally, solar PV systems with battery backup will be installed in each of the 39 tribal-owned Elder Homes. This setup will address critical energy needs during grid outages, ensuring residents have power when it matters most. The Tribe also plans to power a new Wellness Center with an 18-kW roof-mounted solar PV array, anticipated to deliver a 96% energy offset. Overall, these solar initiatives are expected to meet nearly 95% of the energy requirements for a significant number of tribal-owned buildings. The Tribe estimates savings of approximately $259,658 in the first year and a remarkable total of $13,404,241 over a 30-year period. 3) The Haulapi Tribe's Solar Plus Storage Facility Grand Canyon West (GCW), home to the renowned Grand Canyon Skywalk, serves as the primary economic engine for the Hualapai Indian Tribe, attracting over 1 million visitors each year. To bolster the resilience of its isolated electrical generation system, the Tribe has installed a solar photovoltaic array combined with a battery system. This enhancement improves the system’s capacity to endure short-term outages and rising energy costs. The Haulapai Indian Tribe's Solar Farm in Northwestern Arizona The solar-plus-storage  system is designed to provide 50% of GCW's annual energy needs, supplementing existing diesel generators, and is projected to save the Tribe more than $450,000 annually in energy and maintenance expenses. Capable of generating approximately 1,600 megawatt-hours per year, this system can supply enough electricity to power 150 average American homes for a year. Over the 25-year lifespan of the system, the Tribe stands to benefit from around $11 million in total savings. 4) The Ute Mountain Tribe's Planned Solar Farm Sun Bear, an enormous solar and battery storage installation in the Four Corners region of Colorado, will have  more than two million solar panels spread across 5,500 acres of land belonging to the Ute Mountain Ute Tribe , part of the Weenuche Band of the Ute Nation. The project will begin construction towards the end of 2024. Overall, the project will generate an estimated 1,700 to 2,400 gigawatt-hours of electricity annually. Additionally, the Ute Mountain Ute Tribe will be getting paid  lease payments by the solar developer for the use of the land. This long-term and predictable source of income will benefit the Ute Mountain Ute Tribe for the 35-year lease term. 5) The Moapa Band of Paiute Indians Solar Project The Moapa Southern Paiute Solar Project is a 250-megawatt (MW) alternating current solar array situated on approximately 2,000 acres of the Moapa River Indian Reservation in Clark County, Nevada. Notably, it is the first large-scale solar initiative in North America to secure construction approval on tribal land. Developed and operated by First Solar, the project commenced in 2014 after being acquired from K Road Power Holdings, LLC, and became operational in 2017. During its construction, it created 115 jobs for tribal members and other Native Americans. The facility generates enough solar energy to power around 111,000 homes, and it also powered the 2024 Superbowl  at Allegiant Stadium in Las Vegas, NV. Benefits of Renewable Energy on Tribal Land Across the nation, private landowners, government agencies , and tribes are leasing their properties for clean energy development, aiming to produce renewable energy, generate revenue, and foster sustainability. The advantages of harnessing renewable energy on tribal lands are significant, encompassing environmental, social, economic, and cultural benefits. Currently, numerous tribes are capitalizing on wind, solar, and water to generate millions in revenue, create both short- and long-term jobs, and lower utility costs for their communities. This initiative not only combats climate change but also enhances energy independence. Enhances Tribal Standard of Living The development of renewable energy projects on Native American Tribal lands  significantly enhances the standard of living for many tribal members. By installing solar panels and small wind turbines, electricity can be provided to rural areas, delivering power to the most remote areas of a reservation. Large wind farms not only generate a valuable resource but also create numerous high-quality jobs, including positions for electrical engineers, wind turbine technicians, and other related fields. This presents an opportunity for Tribes to boost employment rates, provide electricity to members far from the grid, and increase their overall revenue. Produces Clean Energy Renewable energy sources are nearly pollution-free, ensuring that the Tribe's air and water quality remains intact as energy availability increases. In this way, renewables align perfectly with tribal values, emphasizing harmony with nature. There are no mountains devastated for coal mining, no harmful gases released into the atmosphere, and no greenhouse gases produced to exacerbate global warming. Generates Revenue for Tribes Harnessing renewable energy presents Native American Tribes with a substantial resource that can generate consistent revenue and support the development of essential tribal infrastructure for large-scale projects. Solar and wind developers invest significant sums annually to lease land for their projects, with lease agreements typically spanning 20 to 40 years, depending on the specifics of the contract. Challenges of Renewable Energy Development on Tribal Land The greatest obstacle to advancing renewable energy on tribal lands is the cost—particularly the $5 million commercial readiness deposit required by FERC for projects to remain in the interconnection queue. For most tribes, this presents a significant financial barrier. Addressing this upfront cost is critical, as it paves the way for more tribes to develop utility-scale renewable energy projects in the future. Many tribal nations view energy as a path to reclaiming true sovereignty, with the ability to sell power and participate in energy markets offering a means to recover from decades of economic disruption caused by deforestation, river damming, the near-extinction of buffalo, and the closure of fossil fuel operations such as the 2019 shutdown of the Kayenta coal mine. In August, the Alliance for Tribal Clean Energy filed a petition with FERC, asserting that tribal interconnection requests should not be considered speculative. The petition calls for exemptions from the first three commercial readiness deposits and requests partial relief from withdrawal penalties. On October 28, 2024, FERC hosted the first of two virtual consultations to address this issue. Opportunities to Grow Clean Energy on Tribal Land According to The National Renewable Energy Laboratory (NREL) , tribal lands contain an estimated 6.5% of utility-scale technical potential for U.S. renewable energy development on 5.8% of land area. New federal legislation reserves approximately $14 billion for 574 federally-recognized tribal climate responsiveness and energy sovereignty, presenting tribes with an opportunity to develop their economies and re-imagine energy projects on their terms. The Inflation Reduction Act (IRA) of 2022 significantly expanded both the federal Investment Tax Credit (ITC) and the Production Tax Credit (PTC), enhancing their accessibility for Tribes. Now, Tribes can receive a cash payment equivalent to the value of the tax credit for either installing a solar facility under the ITC or generating solar electricity through the PTC, allowing them to choose the option that best suits their needs. Tribal lands have enormous potential for renewable energy. In fact, according to the Global Energy Network Institute , the wind resources on Tribal lands in the Great Plains alone could power over 50 million homes. There are many different sources of renewable energy that Native American tribes can leverage from their properties, but wind and solar are the most common. LandApp can help tribes lease their land for renewable energy development to generate revenue and clean energy at no cost. By listing their properties for lease on LandApp's marketplace , tribal landowners can expose their available properties to a wide network of renewable energy developers actively planning new projects. Book a call with the government team at LandApp today to discuss the listing process and the potential for your tribe's specific properties:

What Does Forced Pooling mean? Forced pooling, also known as compulsory pooling , is a legal mechanism in the oil and gas industry that allows a state regulatory authority to compel landowners who have not leased their mineral rights to join a drilling unit. This process ensures that resources can be efficiently extracted while preventing the waste of hydrocarbons and protecting the rights of all stakeholders. Key Points of Forced Pooling: Efficiency and Conservation:  By bringing together various land parcels into one drilling unit, forced pooling promotes efficient resource extraction and reduces the number of wells needed, which helps conserve the reservoir's pressure and resources. Protection of Minority Rights:  It protects minority mineral rights owners who might otherwise be excluded from the benefits of oil and gas production. Preventing Surface Land Waste: This practice minimizes surface land disruption by reducing the need for multiple drilling sites. Fair Compensation:  It ensures that all parties receive fair compensation, whether they choose to lease their rights voluntarily or are pooled involuntarily. Non-consenting owners often receive a royalty interest or a working interest in the well. Regulatory Oversight:  State agencies typically oversee the forced pooling processes, ensuring compliance with regulations and fair treatment of all involved parties. Process Overview: Proposal:  An operator proposes the development of a unit and seeks voluntary agreements from mineral rights owners. Hearing:  If sufficient agreements are not reached, the operator may apply for a forced pooling order from the state regulatory body. Order:  The regulatory authority conducts a hearing and, if justified, issues a forced pooling order that compels holdout owners to join the unit under specified terms. Considerations: Rights and Obligations: Forced pooling balances individual property rights with the collective benefit of resource development. Opt-Out Options:  Some jurisdictions allow non-consenting owners to opt for different levels of participation and compensation. Forced pooling laws and procedures vary by state, so the specific details and implications can differ based on local regulations. Is Statutory Pooling Different From Forced Pooling? Statutory pooling and forced pooling are terms that are often used interchangeably, but they refer to essentially the same concept within the oil and gas industry. Both involve the legal mechanism by which a state compels landowners who have not voluntarily agreed to lease their mineral rights to join a drilling unit or pool. However, there can be slight nuances depending on the jurisdiction. Key Points of Statutory Pooling: Statutory Pooling: Legal Basis:  This occurs under specific statutes enacted by state legislatures that provide the framework and authority for pooling. Codified Rules:  The procedures, rights, and obligations are explicitly defined in state laws and regulations. Standardized Process:  Because it is based on statute, the process tends to be more standardized across different scenarios within the state. Similarities of Forced Pooling & Statutory Pooling: Objective:  Both aim to promote efficient resource extraction, prevent waste, and ensure fair compensation for all stakeholders. Legal Mechanism:  Both rely on legal authority granted by state laws to pool mineral interests. Protection: Both protect the interests of minority mineral rights owners and the public interest in resource conservation and environmental protection. Differences between Forced Pooling & Statutory Pooling: Context of Use: "Statutory pooling" may be used more in legal and legislative contexts to refer to the law itself, while "forced pooling" might be used more colloquially to describe the practical implications of those laws. Perception:  Some might perceive "forced pooling" as having a more negative connotation, implying coercion, whereas "statutory pooling" might be seen as a more neutral term reflecting legal processes. While there are slight differences in emphasis and context, statutory pooling and forced pooling essentially refer to the same process of legally compelling landowners to join a drilling unit for efficient and fair extraction of oil and gas resources. Can an operator steal my minerals? An operator cannot steal your minerals but can steal your mineral resources, meaning an operator can exploit your minerals without your consent. This process is called "forced pooling". There are several steps that the operator must take to force pool you: Offer you a fair mineral lease. Send you AFE (Affidavit for Expenditure) for the wells to be drilled over your minerals. Set up a force pooling hearing with the oil & gas commission of the state. Drill the wells. Most mineral owners think that their mineral resources cannot be taken without their consent and throw away the letters and notices from operators. In terms of negotiation, when you are receiving notices from operators, this is when your minerals likely have the highest value. The best way to get the most money for your mineral rights is to enter into a competitive marketplace, such as LandGate. I have been force pooled, now what? Depending on the rules of the oil & gas commission of the state, you can still get a good deal for the lease or sale of your minerals even after you have been forced to pool by the operator. It gets more complicated, but for the best deal, we recommend you contact us before the wells start producing. The entirety of your minerals doesn’t get force pooled, but your mineral resources get force pooled well by well. Most of the time, an operator will permit several wells and force pool you for all these wells. Yet until the well is producing, we can help you get a good deal for a lease or sale of your minerals. If a well has started producing, you might have lost some value for that well, but you can still see a return on the remaining wells that are left to be drilled if you act quickly. We have helped numerous mineral owners in your situation. Remember to research the   forced pooling  laws by state. Again, depending on the rules of the oil & gas commission, you might still get a default royalty from the operator. However, it won’t be the best royalty percentage and you would have missed a lease   bonus payment . I’m being threatened with “forced pooling” on my minerals. What does that mean and how can I stop it? Forced Pooling (sometimes called Statutory or Compulsory Pooling) is a legal mechanism that allows operators to drill wells when they are unable to get 100% of the mineral interest owners to commit to supporting the drilling of a well. In terms of negotiation, when you are receiving force pooling notices, even after a hearing, this is when your minerals likely have the highest value. Forced pooling is NOT in the best interest of the mineral owner. If you've received communication threatening forced pooling, seek help right away.  I received invoices from an Energy Company. What should I do? An AFE (Authorization for Expenditure) is a bill for the oil well(s) to be drilled. Since you haven’t leased (yet) and are currently considered a non-operating partner, the Operator sends an invoice for your cost share of these wells. The cost share is determined by your working interest in the wells, which is calculated using your gross acreage, mineral interest, and the size of the Drilling Spacing Unit of the wells to be drilled. An AFE is an estimate of cost, the actual cost to be paid will be known later. Do not panic, but act quickly! In terms of negotiation, when you are receiving several operator notices, especially these invoices, this is when your minerals likely have the highest value. Find your minerals on LandGate's map to get your free Property Report with mineral rights lease and sale estimates today!

As the world grapples with the pressing need to address climate change and energy sustainability, the debate between solar energy and fossil fuels has never been more relevant. On one hand, fossil fuels have powered our economies for centuries, driving industrial growth and development. On the other hand, solar energy represents a beacon of hope for a cleaner, greener future. Additionally, the increasing efficiency and decreasing costs of solar technologies are making solar energy an attractive and sustainable alternative to fossil fuels. Unlike fossil fuels, which are finite and contribute significantly to environmental pollution, solar energy is a renewable resource that produces no harmful emissions. In this resource, we will delve into the complexities of solar energy vs fossil fuels, examining their environmental impact, cost efficiency, and long-term viability. What is Solar Energy? Solar energy is the energy harnessed from the sun's rays through various technologies such as solar panels and solar thermal systems. This energy is captured and converted into electricity or heat, which can be used for residential, commercial, and industrial purposes. Solar panels , made up of photovoltaic cells, convert sunlight directly into electricity, while solar thermal systems use mirrors to concentrate sunlight and generate thermal energy. What are Fossil Fuels? Fossil fuels are energy sources formed from the decomposed remains of ancient plants and animals that have been subjected to intense heat and pressure over millions of years. The primary types of fossil fuels are coal, oil, and natural gas. These resources are extracted from the earth through mining and drilling, and they have been the dominant energy sources powering industrialization and modern economies.  Solar Energy vs. Fossil Fuels When comparing s olar energy to fossil fuels, several key differences emerge that highlight the contrasting nature of these energy sources. These differences encompass environmental impacts, resource availability, cost, and technological advancements. Environmental Impact The environmental impact of solar energy is significantly more favorable compared to fossil fuels. Solar energy production does not produce air pollutants or greenhouse gases, thus mitigating the harmful effects of climate change and global warming while contributing to nationwide decarbonization efforts. Installation of solar panels does, however, require materials such as silicon and metals like cadmium and lead, which need to be mined.  Additionally, transporting solar panel materials contributes to some greenhouse gas emissions. Nevertheless, the overall environmental footprint of solar energy is markedly smaller once the panels are operational, as they generate clean electricity from a renewable source. In contrast, the extraction and burning of fossil fuels release substantial volumes of carbon dioxide, methane, and other greenhouse gases, contributing heavily to air pollution and climate change. Additionally, the process of mining and drilling for fossil fuels can cause significant environmental degradation, including deforestation, water contamination, and habitat destruction. Combustion of fossil fuels also leads to the emission of sulfur dioxide, nitrogen oxides, and particulate matter, which are harmful to human health and contribute to acid rain and respiratory diseases. Energy Efficiency When comparing the energy efficiency of solar power and fossil fuels, solar energy emerges as a highly efficient and increasingly viable option. Solar panels, particularly those made with advanced photovoltaic technologies, can convert around 15-20% of the sunlight they receive into electrical energy. This efficiency rate is continually improving with technological advancements, making solar energy increasingly competitive with traditional energy sources while ensuring that a higher proportion of the captured energy is utilized while minimizing the effects of weather on solar panel performance . Additionally, solar energy systems have minimal energy loss during distribution as they can be installed close to the point of use, reducing the need for extensive transmission infrastructure. Fossil fuels, on the other hand, suffer from significant inefficiencies. The process of extracting, transporting, and converting fossil fuels into usable energy is laden with energy losses. For instance, coal-fired power plants typically convert only about 33% of the energy content of coal into electricity, with the rest lost as heat. Similarly, natural gas plants achieve around 40-50% efficiency, while oil-based plants hover around 30-35%. Beyond these conversion losses, the energy required to mine, drill, and transport fossil fuels further diminishes their overall efficiency. Fossil fuel technologies and infrastructure are highly efficient, so transitioning to solar energy necessitates making solar infrastructure more accessible and convenient. The infrastructure for extracting, refining, and distributing fossil fuels is both well-established and extensive. Solar power generation is also inconsistent, fluctuating with seasons and weather, which complicates large-scale implementation for utility companies and necessitates supplementary energy sources to ensure a steady power supply. Fossil fuels offer the benefit of being a reliable resource that offers near-constant availability. However, advancements in solar panel and energy storage technologies will facilitate the adoption of solar infrastructure. Resource Availability The sun provides an infinite and virtually inexhaustible supply of energy, making solar power a highly sustainable option. As long as the sun continues to shine, solar energy will remain accessible. In contrast, fossil fuels are non-renewable, finite resources that will eventually run out because they are being depleted at an alarming rate. Plus, it takes millions of years for fossil fuels to naturally replenish. As reserves diminish, extraction becomes more challenging and expensive, posing concerns for future energy security. Cost of Solar vs. Fossil Fuels Solar energy is more affordable than fossil fuels. According to the   International Energy Agency , even when factoring in the cost of intermittency, solar remains cheaper than all other sources of energy, and specifically those generated using oil, gas, and coal. In fact, an estimated 96% of newly installed utility-scale solar farms had lower generation costs than new coal and natural gas plants. Solar energy has no fuel costs once the infrastructure is in place, while fossil fuel prices can be volatile and influenced by geopolitical factors and market forces. This volatility can affect various industries, transportation, and the overall economy. It's important to note that full solar farm installations typically require a substantial upfront investment, even though solar energy leads to cost savings in the long run. Thanks to technological advancements, economies of scale, and government incentives, the cost of solar energy has plummeted dramatically. Consequently, solar power is now more competitive with fossil fuels in many regions. Energy Independence Solar energy offers a significant advantage over fossil fuels in terms of energy independence. One of the critical benefits of solar power is that it allows individuals, communities, and nations to reduce their reliance on imported foreign fossil fuels. By harnessing the energy of the sun, which is a freely available and plentiful domestic resource, countries can decrease their exposure to the volatility of global energy markets and geopolitical tensions that can disrupt fuel supplies and impact prices. This shift not only enhances national security but also promotes economic stability and resilience. In contrast, fossil fuels often necessitate intricate global supply chains that are vulnerable to political instability, supply disruptions, and price fluctuations. Countries heavily dependent on importing oil, coal, or natural gas find themselves at the mercy of exporting nations and their political climates. These dependencies can strain international relations and lead to economic uncertainties. On a micro level, solar energy empowers individual households and businesses by enabling them to produce their own electricity. This autonomy reduces dependence on centralized power grids and traditional utility companies, allowing for greater control over energy consumption and costs. Additionally, advancements in energy storage technologies, such as batteries, further enhance this independence by enabling the storage of solar energy for use during non-sunny periods, ensuring a reliable and continuous power supply. Economic Considerations There are a few important economic considerations between fossil fuels and solar energy. Fossil fuel industries play a significant role in economies worldwide. They provide employment opportunities for millions of workers, contribute to government revenue through taxes and royalties, and support various sectors like manufacturing, transportation, and even agriculture. The economic reliance on fossil fuels, both domestically and globally, has made it challenging to transition away from them quickly. Shifting to alternative energy sources requires substantial investments in new technologies and infrastructures, and careful planning to ensure economic stability. Moreover, a fair transition for communities affected by these changes is crucial, as many regions are heavily dependent on fossil fuel industries for their livelihoods. Balancing economic growth with environmental sustainability is a complex but necessary task for future prosperity. The Future of Solar Energy The fossil fuel industry has significant political influence and often resists the transition towards renewable energy sources. This resistance can slow down the adoption of solar energy and hinder progress towards a sustainable future. There are ongoing debates over the true costs and benefits of solar energy and fossil fuels. Some argue that the upfront costs of solar energy outweigh the long-term benefits, while others believe that the environmental and health impacts of fossil fuels are not adequately accounted for. As a clean and abundant source of power, solar energy is pivotal in reducing greenhouse gas emissions and mitigating climate change, making it a cornerstone of sustainable energy solutions. As technology continues to advance and costs decrease, it is clear that solar energy will play an increasingly critical role in meeting our future energy needs. Governments, businesses, and property owners all have a role to play in promoting the adoption of solar infrastructure on a global scale. By installing solar panels on underutilized properties (land, rooftops, parking lots), governments , businesses, and property owners can contribute to solar energy production and generate income through solar lease payments paid by solar energy developers. LandGate helps public and private property owners lease their properties for solar farms through its online marketplace. By listing properties for lease for free on LandGate's marketplace , you can connect with a wide network of nationwide solar energy developers actively planning new projects. There are no fees, no commissions, and no obligations to accept any offers:

In recent years, real estate agents have discovered a promising new avenue for generating long-term financial benefits—partnering with solar energy companies. This innovative approach not only secures up to 30 years of payouts but also contributes positively to the environment.  New government policies like the 2022 IRA Act*, have created an emphasis on developing renewable energy. Solar farms, wind farms, carbon credits, and underground carbon sequestration are receiving more investment.  There is a lot of money going into renewables and carbon. How can real estate agents be part of this? In this blog post, we'll explore how real estate agents can leverage solar farm leasing, the advantages it offers, and practical steps to get started. The Solar Farm Leasing Model Solar farm leasing involves leasing out land or rooftops to solar energy companies for the installation of solar panels. In return, property owners, including real estate agents, receive regular payments over the lease term, which can extend up to 30 years. This model turns underutilized or vacant properties into revenue-generating assets, providing a steady income stream without the need for significant upfront investment. How Solar Farm Leasing Works Site Assessment : The first step involves a thorough evaluation of the property to determine its suitability for solar panel installation. Factors such as sunlight exposure, land size, and proximity to the power grid are considered. Lease Agreement : Once the site is approved, a lease agreement  is signed between the property owner and the solar energy company. This contract outlines the lease term, payment structure, and maintenance responsibilities. Installation and Maintenance : The solar energy company takes care of the installation, operation, and maintenance of the solar panels. The property owner simply collects regular lease payments. Advantages for Real Estate Agents Steady Income : Solar farm leasing offers a reliable income stream from lease payments, providing financial stability. Low Maintenance : The solar energy company handles all aspects of installation and maintenance, requiring minimal involvement from the property owner. Environmental Impact : Leasing land for solar farms helps promote green energy and sustainability, which can enhance the property’s marketability. Benefits for Real Estate Agents One of the most compelling reasons for realtors to consider solar farm leasing is the financial benefit. Real estate agent solar deals provide a steady stream of lease payments over 30 years, they can enjoy a predictable and consistent income. This can be particularly advantageous in markets where property sales might fluctuate. By partnering with solar energy companies, real estate agents play a significant role in promoting renewable energy. This not only reduces the carbon footprint of their properties but also aligns with growing consumer demand for sustainable practices. Properties with solar installations can attract eco-conscious buyers and tenants, potentially increasing property value . Integrating solar farm leasing into a real estate portfolio diversifies income sources. This can mitigate risks associated with market volatility and provide a safety net during economic downturns. Diversification also showcases the agent's innovative approach to property management, enhancing their reputation in the industry. Access Energy Developers and Investors to Earn More Commissions LandGate offers you as a real estate professional, leasing opportunities of land for wind, solar, and carbon development. Landowners no longer have to sell their land to see revenue but can easily lease it and collect rent payments for the next 30+ years. As the agent, you would see a commission every time your landowner gets paid. On average we see higher commissions for land professionals on every lease transaction compared to the standard for sale land transactions. These energy developers and investors are looking to invest in a range of energy sources, including solar energy, wind energy, all forms of carbon, fossil fuels, and even geothermal energy. The most common forms of energy development tend to be renewable energy sources like wind and solar energy. However, the goals of every developer are different and carry across the United States. With LandGate your landowners keep their land and simply lease it to an energy developer or investor, and then you simply collect a revenue or commission from that. There is no downside to leasing land on our marketplace, LandGate is free to post listings on and there is no obligation to accept an offer. Making this a win-win for you and your landowner. Real Estate Agent Solar Deals: How to Get Started Step 1: Assess Property Suitability The first step for real estate agents interested in solar farm leasing is to assess the suitability of their properties. Factors to consider include sunlight exposure, available land or rooftop space, and proximity to electrical infrastructure. Tools like LandGate's LandApp can provide valuable insights into a property's solar potential. If you are searching for potential clients, you can utilize LandApp to search for potential properties with high solar index scores and gather the contact information for that landowner. From there you can share the property report, which can be completely customized to fit your branding, with the property owner to have a better chance of securing a new client! Step 2: Find the Right Solar Energy Partner Partnering with a reputable solar energy company is crucial for a successful leasing agreement. By listing on LandGate’s marketplace, you gain access to solar development companies with a proven track record in solar installations and positive reviews from other property owners. Consulting with an attorney specializing in energy contracts can help ensure favorable lease terms. Step 3: Negotiate Lease Terms Negotiating a fair lease agreement is essential for maximizing financial benefits. Key elements to consider include lease duration, payment structure, maintenance responsibilities, and provisions for inflation. Real estate agents should also clarify tax responsibilities and review any addendums carefully. About LandGate: LandGate is the world's best and leading marketplace connecting landowners and real estate agents to renewable energy developers and investors. LandGate is an active nationwide marketplace for US land and its resources: solar, wind, carbon, minerals, and water. By posting on LandGate you get access to a different market than other land and real estate sources. Getting started with LandGate is the easiest way to expand or start your land real estate business. We offer an unseen marketplace, the opportunity for commissions off leasing land, and also custom reports making you a land expert! Learn more about   LandGate  and   LandApp . * Sources: https://www.irs.gov/inflation-reduction-act-of-2022

Leasing property and land in Illinois presents a wealth of opportunities for landowners looking to generate income from their property. From agriculture and hunting leases to renewable energy opportunities, the state offers a variety of avenues to make money and utilize land effectively. This resource will guide you through the diverse leasing opportunities available, exploring the benefits, potential challenges, and key considerations to help you make informed decisions about leasing your property in Illinois. Leasing Land for Solar Farms in Illinois According to the   U.S. Energy Information Administration , in 2022, Illinois' total solar power generation from both utility-scale facilities (1 megawatt or larger in capacity) and small-scale, customer-sited solar panel systems (less than 1 megawatt each) accounted for 11% of the state's renewable electricity. In late 2021, Illinois welcomed its largest solar power facility, the 200-megawatt Prairie Solar Farm. By 2022, nearly 60% of the state's solar energy was generated by utility-scale facilities, with the remainder coming from small-scale sources, primarily rooftop solar panels. Over the next five years, the state’s solar capacity is projected to increase by more than 1,700%. Illinois is an expanding solar market, bolstered by a robust   renewable portfolio standard  that mandates 25% of its energy to come from renewable sources by 2025. This presents a strong opportunity for landowners in Illinois to lease their properties for solar farms. Solar farms can range from several acres to hundreds of acres and can produce enough energy to power thousands of homes. Solar developers typically look for larger land parcels, as larger projects are more cost-effective and efficient. However, the size of the land will also depend on its proximity to existing transmission lines and substations. Having existing transmission lines nearby can make the development process quicker and more cost-effective. The land is typically leased for long-term use, usually 20-40 years, and landowners are generally paid on a per acre per year basis. How to Lease Land for Solar Farms in Illinois Landowners in Illinois looking to make money from their land and contribute to clean energy production can   lease their land for a solar farm . To start connecting with solar developers, you can list your property for lease on LandGate's marketplace at no cost and with no obligations to accept any offers: Leasing Land for Wind Farms in Illinois In Illinois, wind is the leading renewable resource for electric power generation. In 2022, wind energy contributed to 87% of the state's renewable energy output. Remarkably, Illinois ranked fifth in the nation for utility-scale wind power capacity (1 megawatt or greater), boasting approximately 7,000 megawatts. The best wind energy resources in Illinois are concentrated in the northern third of the state. Wind lease  agreements, much like those for solar, require a long-term commitment but offer unique benefits. They make use of large tracts of land that might not be suitable for traditional agriculture or development. This type of land utilization not only aligns with Illinois' renewable energy goals but also presents a lucrative opportunity for landowners to maximize their property’s potential. Important considerations include the wind farm's impact on local wildlife, the lease duration, compensation structure, and any necessary easements. How to Lease Land for Wind Farms in Illinois Landowners in Illinois who want to generate income from their land while supporting renewable energy can   lease their land for wind farms . To begin connecting with wind energy developers, you can list your land on LandGate's marketplace. This service is free and does not obligate you to accept any offers: Leasing Land for Carbon Credits in Illinois Carbon credits represent a market-based tool to incentivize the reduction of greenhouse gas emissions. In Illinois, landowners can participate in carbon offset projects by managing their lands in ways that sequester carbon, such as through reforestation, regenerative agriculture , or restoring wetlands. By implementing these practices, landowners generate carbon credits, which can then be sold to organizations looking to offset their emissions. This not only serves the environment but also provides an additional revenue stream for landowners. To get started, it's important to understand the requirements and processes involved in creating a carbon credit project. This usually includes a baseline assessment of the land, implementation of carbon sequestration practices, and ongoing monitoring and verification to ensure the carbon savings are legitimate. Various programs and organizations can guide landowners through the process, helping them register and sell their credits in carbon markets. How to Sell Carbon Credits in Illinois For those interested in   selling carbon credits  from their land in Illinois, listing the property on a platform like LandGate can connect them with developers and companies who are seeking to invest in carbon offset projects. While this opportunity provides landowners with a way to make money from their land, the long-term nature of carbon sequestration projects compels landowners to contemplate the lasting influence of their commitment to land stewardship in these agreements. Leasing Land for Agriculture in Illinois Leasing land for agriculture continues to be a traditional and vital part of Illinois' economy. As one of the leading agricultural states in the U.S., Illinois boasts fertile soils and a favorable climate, making it ideal for a variety of crops, including corn, soybeans, and wheat. Property owners can lease their land to farmers for crop production or livestock grazing, creating a dependable income stream while contributing to the state’s robust agricultural output. There are many different   types of agricultural land leases . Agricultural leases can vary in structure, from cash rent leases, where the tenant pays a fixed amount per acre, to crop-share leases, in which the landowner receives a percentage of the crop yield. These agreements typically cover a growing season but can be extended for multiple years, providing stability for both the landowner and the tenant farmer. Before leasing land for agricultural purposes, it is essential for landowners to assess the soil quality, water availability, and any existing infrastructure such as irrigation systems. Leasing terms should always address responsibilities for maintaining the land, including soil conservation practices to ensure long-term sustainability. How to Lease Land for Agriculture in Illinois For landowners in Illinois who are looking to   lease agricultural land , listing their property on platforms such as LandGate can connect them with prospective lessees. Leasing Ranches in Illinois Illinois may not be as widely known for ranching as some other states, but it still offers excellent opportunities for leasing land for ranching purposes. The state’s diverse landscapes, ranging from rolling pastures to river valleys, provide ideal conditions for raising cattle, horses, and other livestock. Ranching leases can provide landowners with a stable income stream while allowing them to maintain the land's agricultural value and open spaces. Leasing a ranch  typically involves long-term partnerships between landowners and ranchers. These agreements might include provisions for grazing rights, infrastructure development, and land management practices that promote sustainable livestock production. Depending on the size and type of the ranching operation, lease terms can range from a few years to multiple decades, ensuring long-term security for both the landowner and the rancher. When considering leasing ranch land, landowners should evaluate the land’s suitability for grazing, including factors like forage availability, water sources, and fencing. It’s also vital to outline responsibilities for maintaining the land and any improvements, such as barns or corrals. Ensuring that the land is managed sustainably can enhance its productivity and environmental health over the long term. How to Lease Ranches in Illinois Landowners in Illinois interested in leasing their properties for ranching can use platforms like LandGate to list their land and connect with prospective ranchers. This connection facilitates partnerships that maximize land use and profitability while supporting the state's agricultural economy. Leasing Recreational Land in Illinois Illinois offers diverse opportunities for   leasing land for recreational activities , capitalizing on the state's rich natural resources and scenic landscapes. From hunting and fishing to hiking, camping, and bird-watching, recreational leases provide a way for landowners to generate income while promoting outdoor activities and conservation. The state's forests, lakes, and rivers draw outdoor enthusiasts from across the region, making recreational land leases highly desirable. Recreational land leases often vary depending on the type of activities the land will be used for. For instance, hunting leases typically involve exclusive rights for hunters to use the land during specific seasons, while fishing leases may provide access to private ponds or riverfronts. Landowners might also lease trails and woodland for hiking and camping, supporting ecotourism and enhancing public appreciation for natural areas. These leases can be short-term, tied to seasonal events, or longer-term to provide stability for both the landowner and the lessee. Before entering into a recreational lease, it's essential for landowners to assess the land's amenities and determine its suitability for the intended activities. This includes evaluating wildlife habitats, water features, trails, and accessibility. Agreements should clearly define the terms of use, liability protections, and responsibilities for land maintenance and improvements, ensuring both parties understand their roles and expectations. How to Lease Recreational Land in Illinois There are many   benefits of leasing land for recreation , including generating income and promoting conservation efforts. For landowners in Illinois looking to lease their land for recreational purposes, listing the property on LandGate's marketplace can connect them with outdoor enthusiasts, clubs, and organizations. Leasing Hunting Land in Illinois For landowners in Illinois,   leasing hunting land  presents an attractive opportunity to generate income while ensuring the sustainable use of their property. From white-tailed deer and wild turkeys to waterfowl and small game, the state's varied ecosystems provide hunters with numerous opportunities to pursue their passion. Leasing hunting land offers landowners a way to monetize their property while supporting wildlife management and conservation efforts. Hunting leases typically grant exclusive access to hunters during designated seasons, ensuring that the land is available for specific periods aligned with state hunting regulations. These agreements can range from short-term, seasonal leases to multi-year arrangements that provide consistent income for landowners. Key considerations for hunting leases include habitat quality, game populations, and the presence of essential features such as food plots, water sources, and cover. Proper management of these elements can enhance the value and appeal of the land to prospective lessees. It's important for landowners and lessees to establish clear terms in the hunting lease agreement. This includes defining the duration of the lease, hunting rights, and any restrictions on land use. Additionally, safety protocols, liability waivers, and responsibilities for maintaining the land should be explicitly stated to prevent misunderstandings and ensure a positive relationship. How to Lease Hunting Land in Illinois By listing their hunting land for lease on LandGate’s open marketplace, landowners in Illinois can reach a broad audience of hunters seeking exclusive access to prime hunting grounds. This connection not only generates revenue but also contributes to the sustainable management of wildlife habitats, maintaining the ecological balance and preserving the state's natural heritage. How to Lease Land in Illinois List your land for lease for free on LandGate's marketplace to connect with a wide range of potential lessees. LandGate does not charge any listing fees or commissions! Interested in learning about how much your land in Illinois is worth for sale and lease opportunities? Get a free Property Report on LandGate's map to learn more about your land and its estimated value.

In a world where climate change and soil degradation are pressing concerns, regenerative agriculture offers a beacon of hope. Unlike conventional farming practices that often deplete the land, regenerative agriculture focuses on building and maintaining healthy ecosystems. This blog aims to provide farmers with a thorough understanding of regenerative agriculture, its principles, and practical steps for implementation. What is Regenerative Agriculture? Regenerative agriculture is an approach to farming that aims to restore and enhance the health of the soil, water, and biodiversity. It goes beyond sustainable farming methods by actively regenerating resources and improving the land. This practice involves a variety of techniques designed to boost soil fertility, increase biodiversity, and optimize water use. The importance of regenerative agriculture cannot be overstated. With increasing concerns over soil erosion, water scarcity, and loss of biodiversity, traditional farming methods are proving unsustainable. Regenerative principles offer a way to mitigate these issues while enhancing farm productivity. Benefits Beyond the Farm and Carbon Credit Potential Farmers who adopt regenerative practices often experience a range of benefits, from improved crop yields to enhanced soil health. However, the advantages extend beyond the farm, impacting community well-being and environmental health. Overall, the idea behind carbon credits from regenerative agriculture is that entities responsible for emitting carbon dioxide into the atmosphere have to reduce their emissions or pay for the efforts of farmers who are doing the work of reducing carbon from the air. This payment comes in the form of one carbon credit, which represents one metric ton of carbon removed from the atmosphere. The last point is key if you are a landowner interested in earning extra money off your land. By using regenerative agriculture to increase carbon sequestration on your land, the soils on your land will store more carbon. Different   soil types  sequester different amounts of carbon, but the ultimate goal of regenerative agriculture practices is the same. This will make your land more valuable, as you can   sell the carbon credits  on the United States' voluntary carbon market.  You can find your land’s current carbon offset value (and see how that value can be increased with practices like regenerative farming) by reviewing your carbon credits value index in our free Property Report. You can simultaneously boost your farm business' economic and ecological strength by generating a new revenue stream through restoring the health of the soils on your land. These are just a few of the many benefits of regenerative farming practices – but the biggest benefit of all is the money you can pocket each month thanks to small changes in the way you farm your land! Principles of Regenerative Agriculture Understanding the core principles of regenerative agriculture can set the foundation for a successful transition. These principles revolve around improving soil health, water management, and biodiversity. Improving Soil Health Healthy soil is the backbone of regenerative farming. Practices like using cover crops and composting organic matter can dramatically improve soil structure and fertility. Cover Crops : Planting cover crops like clover or rye helps to prevent soil erosion, retain moisture, and improve soil organic matter. These crops act as a protective layer, maintaining soil integrity year-round. Composting Organic Matter : Adding compost to soil boosts its nutrient content and enhances microbial activity. This leads to healthier, more resilient soil capable of supporting diverse plant life. Effective Water Management Water is a precious resource, and managing it wisely is crucial for any farm's success. Regenerative agriculture prioritizes methods that optimize water use and reduce waste. Rainwater Harvesting : Collecting and storing rainwater can significantly reduce the need for irrigation, especially in regions prone to drought. This method also minimizes soil erosion and runoff. Drip Irrigation : Drip irrigation systems deliver water directly to the plant roots, minimizing water waste and ensuring that moisture reaches where it's needed most. Boosting Biodiversity A diverse ecosystem is more resilient and productive. Regenerative agriculture emphasizes practices that enhance biodiversity both above and below the ground. Crop Rotation : Rotating crops helps to break pest cycles and improve soil health. Different plants contribute different nutrients to the soil, fostering a balanced ecosystem. Agroforestry : Incorporating trees and shrubs into farming systems can provide multiple benefits. They act as windbreaks, improve soil structure, and create habitats for beneficial wildlife. Economic and Environmental Benefits of Regenerative Ag Adopting regenerative agriculture can yield significant economic and environmental benefits. Farmers who implement regenerative practices often witness increased crop yields due to improved soil health and reduced pest pressures. This translates to higher profitability and a more sustainable farming operation. Regenerative methods can lead to significant cost savings over time. Reduced reliance on chemical fertilizers and pesticides lowers input costs. Improved water management  reduces irrigation expenses. Regenerative agriculture plays a crucial role in mitigating climate change. By sequestering carbon in the soil and reducing greenhouse gas emissions, these practices contribute to a healthier planet. Practical Steps to Get Started Assess Your Current Practices Evaluate your current farming methods. Identify areas for incorporating regenerative practices, such as soil health improvement or water management. Begin Small Start with small changes, like planting cover crops or setting up a rainwater harvesting system. Gradually expand these practices as you gain confidence. Seek Expert Advice Consult with experts or join a community of regenerative farmers. Attend workshops, read best practices, and ask questions for valuable guidance and support. Selling Carbon Credits on LandGate Energy investors want to buy the carbon credits generated from your land – and LandGate makes the entire process fast and easy. We've calculated the carbon credits of every parcel in the U.S., factoring in planned regenerative agriculture practices on each one. You can view this information for FREE when you get your free Property Report and list your carbon credits on LandGate's Marketplace. Regenerative agriculture is more than just a trend; it's a movement towards sustainable and resilient farming. By adopting these practices, you can improve your farm's productivity, reduce costs, and contribute to a healthier planet. The future of farming lies in techniques that regenerate rather than degrade our natural resources.