Leasing your land to Paddle Energy lets you earn monthly payments while helping the environment. If you choose to sell, you can get top dollar and support a reliable, independent energy future.
Interested in leasing out your land while still maintaining ownership? Leasing land for a Paddle Energy solar project is a great way to help create a positive environmental impact. Once the project is built you will receive lease payments on a monthly basis for the duration of the contract terms, creating a passive income stream for you and your family! Learn more about each phase in our leasing projects below.
Looking to sell while maintaining the integrity of your land? Get top dollar for your land and leave a legacy that supports energy independence and provides a more reliable energy infrastructure for the future. Learn more about each phase in our selling projects below.
What is the financial benefit of leasing my land for a solar farm? How do I get paid?
Leasing land for a solar farm is a stable and long-term income stream for property owners, and also results in utility bill savings for community solar subscribers. During the diligence and construction phases, Paddle Energy will directly fund landowner payments. After construction the revenue from electricity sales will fund the lease payments. Landowners receive payment on a monthly basis, with contracts accounting for future price increases and inflation. This allows for the flexibility to have a truly hands-off passive income stream for years.
How do community solar projects benefit the local economy?
Paddle Energy partners with construction and maintenance teams that are local to your area, creating jobs and contributing to economic growth. Subscribers to the solar farm will see a savings every month on their electricity bill. In addition, the tax revenue earned from your project can be directly reinvested into your community.
How does a solar farm affect the land and surrounding agriculture?
Solar development and construction has minimal impact on the land itself relative to other types of development that could create tall buildings or impervious surfaces, such as parking lots. Once the construction period is over, there is very little traffic in and around the site. During the life of the project, land may also be used for dual agricultural purposes such as crop production, livestock grazing, or pollinator habitats. Furthermore, once the project is decommissioned the land will be restored to its original natural state.
How will the project look on my property?
At Paddle Energy, we want you to feel comfortable with the aesthetics of the project. We work with your desires and the expectations of your neighborhood/municipality to design and engineer a solar farm that meets the needs of all parties.
How long is the construction process?
The typical construction process from groundbreaking to interconnection with the utility is 6-9 months. This may vary based on availability of materials, weather conditions and various construction teams’ schedules.
How long will the project be producing power and remain on my property?
Paddle Energy’s solar projects are generally in operation for 25-35 years. At the end of the contract term the project is decommissioned, all equipment is removed, and the land is converted back to its original state.
20 Artful Way Unit 226, Asheville, NC 28801
Charleston, SC – Yarmouth, ME – Bangor, ME