Farmers and landowners should be cautious about any offers from developers who are looking to off-load grid connection rights for battery storage schemes.
Independent power consultant, Roadnight Taylor, has issued the warning after a farmer contacted the firm for advice after being approached by a developer asking if he wanted to buy back the grid connection rights secured on the farmer’s land at a cost of more than £150,000.
“Landowners need to be very careful if offered grid connection rights,” explains Hugh Taylor, chief executive at Roadnight Taylor. “No matter what the fee, there can also be substantial financial obligations enshrined within accepted grid offers – and these represent risk above and beyond that of the capital being demanded.”
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Independent power consultant, Roadnight Taylor, has issued the warning after a farmer contacted the firm for advice after being approached by a developer asking if he wanted to buy back the grid connection rights secured on the farmer’s land at a cost of more than £150,000.
“Landowners need to be very careful if offered grid connection rights,” explains Hugh Taylor, chief executive at Roadnight Taylor. “No matter what the fee, there can also be substantial financial obligations enshrined within accepted grid offers – and these represent risk above and beyond that of the capital being demanded.”
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