Thick Farmer
Member
- Location
- West Wales
What’s the going rent per acre for say 150 acres of solar these days? Anyone done it recently?
What’s the rate for large scale solar?
- Thread starter Thick Farmer
- Start date
Exfarmer
Member
- Location
- Bury St Edmunds
very much depends on connection, but I would think in the order of £6-800 with inflation increase , but apparently looking for 30-40 year leases
- Location
- Shropshire
After what’s happened to the telecommunications mast job, I would be very nervous about putting acreages down to solar. Could easily be changed with a swish of a govt pen
- Location
- Cirencester
Dont see why as there is no Gov payments/subs on all new solar now, it's all Power Purchase Agreements for County Councils or big business etc etc. They collect tax and business rates (local council) so I cant see what the Gov can do to make it unviable, after all they will be selling elec into the wholesale market. HMRC on the other hand could potentially throw a spanner in the works depending on size of site, % of solar versus farm income, or even require that the solar rent is a separate business to the farm business.
Our acreage is split up between 2 owners and the Ltd Co and actually the farm will be no better off, losing 100 acres for about the same return re crops but obviously without the work.
Re money I was talking the other day and they were in the 800-1000/ac bracket but as said depends on the connection and where it is.
- Location
- Shropshire
Well, telecommunications masts are all private and were well remunerated until the govt introduced the telecoms code, basically declared phone coverage a necessity and now the rents have gone to sh!te.
Just adding a note of caution, I’m not advising anyone to not get solar, just be aware that circumstances can change
Just adding a note of caution, I’m not advising anyone to not get solar, just be aware that circumstances can change
- Location
- Cirencester
No, I agree with you but you can't spend your life 2nd guessing what potentially could happen or you'd never do anything. Who knows things could work in your favor, sites could be designated brown field sites later on in their life or a whole host of other positives things, if only we had a crystal ball!!!
lloyd
Member
- Location
- Herefordshire
Not in the AONB area of the Cotswolds then?
- Location
- Cirencester
No, fortunately not or unfortunately depending on how you look at it, about 3 miles from the edge of it, edge is the B4425 Ciren to Bibury road, am just South of this.
lloyd
Member
- Location
- Herefordshire
In my experience I would say fortunately not.
Doing it for the kids
Member
the sweet spot is 49mw it seems these days which is 250 acres or so.
about right as usual @Exfarmer a few extras for site maintance to be had as well and bonus for extra production
it all depends on the contract....
in the old days you could buy it for £1 or force them using the decomissing bond to return it as it way, land drains and all, before they set foot in.
now your can’t buy it back but they still have to return it as is. I love the idea of a farm being given back with brand new drainage, if it’s required.
the National Grid are investing eye watering sums in the network so connections not viable or available as little as 6 months ago, suddenly are.
Thick Farmer
Member
- Location
- West Wales
Sounds a bit on the light side. I’d be wanting to see four figures to make it a goer.
Doing it for the kids
Member
why so? Given your location your radiation levels aren’t epic.
can you make £80k of passive income per annum index linked from your 100 acres as it stands today!?
Thick Farmer
Member
- Location
- West Wales
That’s true but there are other factors to consider such as loss of APR and the fact that the rental is effectively unearned income. I’m obviously tempted though.
Doing it for the kids
Member
yup, this is all true. One for your accountant but on a 30-40 yr contract you are gazing in to a bag of crystal balls to guess the tax structure going forwards.
do what you think is right at the time!
are you in the Carmarthen area? Few along the A40 there, albeit baby ones
Thick Farmer
Member
- Location
- West Wales
Im in Pembs. Good sunlight hours here apparently.
davidroberts30
Member
- Location
- pembrokeshire
Doing it for the kids
Member
davidroberts30
Member
- Location
- pembrokeshire
Oh they'd be clean alrightsaves on washing
Chasingmytail
Member
- Location
- Newport, SE Wales
Its around £1000p acre or just below. Could be £900. Had a meeting about some more land the other day. 25 years.