According to the region’s electricity grid coordinator, PJM Interconnection, there are hundreds of large-scale solar projects being proposed across Pennsylvania.
Combined with incentives from the federal Inflation Reduction Act, and the fact that large-scale solar is now the least expensive form of electricity, energy companies around the world are expanding their solar operations through large-scale and community solar projects.
Many have their eyes set on Pennsylvania due to its abundance of land and proximity to electricity transmission lines – and have been approaching large landowners to potentially lease their land.
Leasing land is also an opportunity for landowners to access annual streams of income.
Strong candidates for large-scale solar leasing often have 20 acres or more of land, live near large electric transmission lines, and are positioned for favorable southern exposure to the sun.
After a lease agreement is signed, large-scale solar developers install solar panels and send the power directly onto the grid, rather than to be used by a building on-site, similar to other large power plants like coal, gas, and nuclear plants.
And there are financial benefits to landowners, as they typically receive lease payments of $800 to $1500 per acre, per year, for 25-30 years.
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NewsClip:
-- Spotlight PA: How A Proposed Solar Energy Project Prompted This Rural Township In Centre County To Face Its Mining Past
[Posted: November 21, 2023] PA Environment Digest
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