OFI 1437: Solar Energy Lease On Your Farm? - The Pros, Cons And Pitfalls | Ryan Conklin | Wright & Moore Law Co.

On today's episode Ryan Conklin, attorney and owner of Wright & Moore Law Co. in Delaware, Ohio, returns to the show to discuss another revenue generating agreement possible on your farm.  Ryan first appeared on the show in episode #1353 where we discussed cell tower leases and what to look for if you were going to put one on your farm.  In today's episode we are going to talking about renewable energy leases, specifically solar energy. As you will see in the episode there are many pros and cons to entering into one of these agreements.  Also, there are things to look out for that a quality attorney who specializes in this type of agreement can help you navigate through.  We will also discuss what to expect to be paid, different types of solar projects, what an "escalation rate" is, what a solar purchase agreement is, property taxes and much more. Putting in a solar farm is significantly more invasive than a cell tower, but there might be a situation in which this is the right fit for you.  I hope this helps! More Places You Can Listen to Off-Farm Income And Matt Brechwald: