Community Solar – A Different Type of Power Plant
Looking to lease your land for solar in New Jersey? If you have qualified land in Atlantic City Electric, Jersey Central Power & Light, PSE&G or Rockland Electric service territory, we want to lease it from you to help provide your community with solar access!
In 2018, the New Jersey legislature established the Community Solar Energy Pilot Program with the goal of increasing renewable energy access in the state. During the second year of the program, over 150 Megawatts of solar were installed statewide.
A community solar facility is a solar electric array with multiple subscribers (participants) connected to the utility grid. Community solar facilities offer a wide array of benefits that include bringing renewable energy to businesses, residents and municipalities that have interest but don’t have the resources to implement on-site solar.
These subscribers are treated as though the electricity is generated on their property. They offset their electricity bill with the electricity produced by the solar array, and because solar is so inexpensive, they pay less than they otherwise would pay through their electric bill.
Utility customers within the solar facility’s service area can all subscribe to the sun. It’s like an agricultural lease, and you are the landlord.
Diversify Your Income – Grow Energy
Our competitive lease rates will provide a steady, supplemental income stream. We will work with you on the size and position of the solar array so that it is located where you want it. The entire solar installation will be removed after the lease has expired and the land can be used as you see fit.
IPS has been in business since 1991 and our history of partnering with farmers for successful solar installations is second to none. Last year alone, we developed over 50 community solar projects across the country. We pride ourselves on developing lasting relationships with the landowners that we work with and their local communities. We do everything we can to make sure that the project is a good fit for you, your land and your community.
How It Works – Our Offer
Our goal is to make leasing as risk free and hassle free as possible. We agree to pay any increase in property tax liability caused by the project, and if we build before harvest we will pay for any damaged crops. The landlord is not responsible for any operation costs or maintenance. The lease consists of a development period, operating term, and renewal term. We pay a little bit up front for the development term, then we go to work getting the project approved by the utility and land use authority. If all goes well, we initiate the operating term, pay rent, and begin construction.
Good Tenants Who Respect Your Land
At the end of the lease the solar array is removed and your property is restored to its original condition. When we build it, we don’t pour concrete to affix the solar panels to the ground. Like a dock in the lake, we pound in a system of I-beams. A rack goes on the beams, and the panels go on the rack. This process makes removal easy. We also post a financial security before construction begins to assure that money will be set aside to remove the project at the end of the lease.
The solar array is odorless, motionless, and silent. It does not emit any light, have any lubricants, smells, or contain any hazardous materials. Underneath the array, we plant an indigenous pollinator-friendly seed mix that is good for bees, prevents erosion, and improves soil quality. If you’re looking to lease land for solar in New Jersey, you won’t find a better tenant than Impact Power Solutions!
Eichten’s Hidden Acres, a family-owned cheese and buffalo ranch in Minnesota, is home to more than 15,000 solar panels, powering its farm and community. A smooth development process made this an easy decision for an organization committed to energy efficiency and healthy farming.
Eichten’s leases the land to Impact Power Solutions, who partners with local subscribers consisting of businesses and the nearby school district.
“This was the first one we did in the area so they had a lot of questions to answer and we always got the answers we needed,” said Ed Eichten, co-owner of Eichten’s Hidden Acres. ” We are going to produce a lot of electricity here.”
COMMUNITY SOLAR | Lind Family Farm | Norwood Young America, MN | 5 MW System