At Chubb Bulleid, we have built a strong reputation for supporting farmers and landowners in navigating the complexities of Options and Leases for land used in solar power generation and other renewable energy projects. With clients across the country, we provide tailored advice to help you maximise the benefits of such agreements while avoiding potential pitfalls.
Key Considerations for Solar and Renewable Energy Agreements:
- Lease Terms:
It is essential to ensure that the Lease Agreement protects your interests over the long term. This includes clarity on terms such as the duration of the lease, rent reviews, and any obligations placed on you as the landowner. - Financial Security:
Understanding how to secure a reasonable yield from your land is critical. We compare and evaluate offers from different energy providers to help you achieve the best possible financial return. - Land Restoration:
Provisions should be included to ensure that the land is restored to its original condition at the end of the lease. This guarantees the long-term utility and value of your property. - Land Use During Development:
If the land can continue to be farmed during the lease period (e.g., grazing livestock around solar panels), we will ensure the lease reflects this dual-use opportunity. - Tax Efficiency:
Significant increases in land value and income from renewable energy projects can have tax implications, such as for Capital Gains Tax (CGT) or Inheritance Tax (IHT). Our team will advise you on structuring agreements for maximum tax efficiency. - Battery Storage Agreements:
With the growing demand for energy storage solutions, we also assist landowners in negotiating Options and Leases for battery installations. These projects often involve specific considerations regarding grid access, planning permissions, and operational impact on your land.
Why Choose Chubb Bulleid?
Our extensive experience in renewable energy transactions allows us to:
- Assess offers from a variety of energy providers to help you identify the most favourable terms.
- Navigate complex legal, financial, and planning issues related to renewable energy projects.
- Offer practical advice on balancing agricultural and energy-generating uses of your land.
Contact our expert team today to discuss how we can assist you in optimising your land’s potential while safeguarding its value for future generations.
