The new land rush in rural new york solar farms energy central 9gag instagram

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The land rush is similar to the leasing flurry that swept across the Southern Tier in the early 2000s as natural gas drillers scrambled to sign leases with landowners in anticipation that the state would approve regulations that allowed the development of highly productive gas wells using the controversial hydrofracking process. That land rush petered out when the state banned hydrofracking.

The state is aggressively pushing for more electricity to be generated from solar and other renewable sources electricity trading hedge funds. The Cuomo administration has set a mandate for the state to get half of its electricity from renewable sources by 2030, with the state offering its own incentives in addition electricity and water to federal subsidies to encourage the installation of solar panels across the state.

The solar land rush now underway is less controversial and less free-wheeling than the natural gas leasing frenzy, but it still offers landowners a steady stream of income if their land is turned into a solar farm. A typical contract offers landowners annual lease payments in the range of $1,500 per acre over a 20-year period — terms that could generate hundreds of thousands of dollars in income for farmers whose land is turned into a solar farm.

The company typically looks for sites with about 20 acres of relatively flat land that is located within a mile of a electric substation or power transmission line, said Jeff McKay, a Cypress Creek spokesman. A typical installation would be able to generate about 3 megawatts of electricity gas welder job description, although output from solar arrays usually is far lower than their stated capacity because they can only produce power when the sun is shining.

The real payoff for O’Gorman, however, only would come if Cypress Creek decides to install solar panels on his property. At $1,500 an acre, with an escalator clause that boosts the payments by 2 percent annually — and assuming Cypress Creek decides to lease all 20 acres — the contract could generate as much as $670,000 for O’Gorman over 20 years. If Cypress Creek decides to lease a smaller portion of the electricity facts 20-acre site, the payments would be less.

For starters, Cypress Creek might opt to lease just a portion of his 116 acres gas x strips instructions, but signing a deal would prevent him from putting solar panels anywhere else on his property that is within a one-mile radius of Cypress Creek’s panels. He was bothered by restrictions on burning wood and other activities that could reduce the amount of sunlight that hits the panels. And he was concerned about provisions that could allow Cypress Creek to extend the 20-year lease for another 20 years.

Vacco, whose father received an offer from Cypress Creek to put solar panels on part of his Brant farm, said landowners should proceed cautiously before signing a lease, including determining whether a solar farm would change the zoning of the land from an agricultural designation, potentially triggering a tax penalty for putting farmland gas mask drawing into commercial use. Also, once the lease expires, how much work and money would be required to restore the property to a usable state after the panels are taken out?