New Year, New Issues

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   Hey gang! Hope everyone is doing well and had a great Christmas. I'm posting because we have been approached by an "alternative energy" company who is proposing a 20 year lease on about 25 acres or so of property. 

Personally, I think the whole solar thing is pretty scummy myself but was wondering if anyone here had any real experience with this, or knew anyone who does. What pitfalls have been discovered after signing up etc? Obviously, if things move forward, we will need a good land/contract attorney but I wanted to hear any good/bad/ugly on this stuff. 
I have quite a few concerns, especially when it's over will they remove it, environmental issues etc. And what would happen should they go bankrupt etc. 

You know the deal, if it sounds too good to be true, it probably is...

Thanks for your reply!

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Rusty Allis Members Profile Send Private Message Find Members Posts Add to Buddy List Bronze Level Access Joined: 16 Jul 2020 Location: Rhode Island Points: 172	Post Options Post Reply Quote Rusty Allis Report Post Thanks(0) Quote Reply Topic: New Year, New Issues Posted: 2 hours 48 minutes ago at 4:03pm
	Hey gang! Hope everyone is doing well and had a great Christmas. I'm posting because we have been approached by an "alternative energy" company who is proposing a 20 year lease on about 25 acres or so of property. Personally, I think the whole solar thing is pretty scummy myself but was wondering if anyone here had any real experience with this, or knew anyone who does. What pitfalls have been discovered after signing up etc? Obviously, if things move forward, we will need a good land/contract attorney but I wanted to hear any good/bad/ugly on this stuff. I have quite a few concerns, especially when it's over will they remove it, environmental issues etc. And what would happen should they go bankrupt etc. You know the deal, if it sounds too good to be true, it probably is... Thanks for your reply!

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Lars(wi) Members Profile Send Private Message Find Members Posts Add to Buddy List Orange Level Access Joined: 14 Sep 2009 Location: Permian Basin Points: 8303	Post Options Post Reply Quote Lars(wi) Report Post Thanks(0) Quote Reply Posted: 2 hours 3 minutes ago at 4:48pm
	With the current political climate blowing, I would not touch a windmill(or a solar field) for the tea in China. The only somewhat ‘real world experience’ I have was hauling diesel fuel to a contractor south of McCamey Texas that was removing a ‘wind farm’ that was less than 20yr old. At the first renewal of the lease, the parties could not agree, so out they went, per the contract.
	I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science.

jaybmiller Members Profile Send Private Message Find Members Posts Add to Buddy List Orange Level Access Joined: 12 Sep 2009 Location: Greensville,Ont Points: 24903	Post Options Post Reply Quote jaybmiller Report Post Thanks(0) Quote Reply Posted: 1 hour 16 minutes ago at 5:35pm
	some things I've thought of... 1) get contract to say what use of your land you'll have 2) get contract to say what access THEY will have to your land 3) get contract to setup an 'escrow(?) account to cover ALL costs for removal of their equipment at end of 20 year lease 4) be SURE contract does NOT 'auto renew' ! 5)) be sure contract says THEY are responsible for 'any and all damages arising from any and all equipment' that affect any and all ' of your land 5) be sure contract says THEY are responsible for any and all damages to land and loss of wildlife and NOT you, the land owner ! 6) contract is for xxx amount of surface land area and NOT MINERAL or underground rights
	3 D-14s,A-C forklift, B-112 Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water