Leases and Easements

Arkansas Wind Energy Conference

2008

The Arkansas Energy Office is sponsoring a day-long Arkansas Wind Energy Conference on January 17, 2008 at the University of Arkansas at Fort Smith.

Keynote speaker Larry Flowers of the National Renewable Energy Laboratory will discuss global and national trends for wind energy.
There will also be a discussion of the costs of wind-produced electricity, land leasing and financing options through private and public/private investments.

Event type: 
Geographic Area: 

Wind Energy Institute

2008

February 19-20; Austin Convention Center; Austin, TX

Join energy attorneys, developers, renewable energy experts, county officials, landowners, and regulators at the 2008 Wind Energy Institute. A nationally-recognized faculty—drawn from attorneys, developers, engineers, and key Texas policymakers—will provide you with the latest technological, business, and legal information regarding wind development. Topics include: power markets and nodal pricing; Certified Renewable Energy Zones (CREZ); siting, environmental, and leasing issues; and more.

Event type: 

How do I get out of a wind lease?

There is no single answer to this question because every lease agreement is different. Leases are binding legal documents and it may be difficult to get out of one. Thus, it is extremely important to understand completely the agreement you are signing into before you sign it. If you happen to find yourself in a situation in which you want to be released from a lease agreement, you should hire a lawyer that has experience dealing with wind leases and easements.

Webinar: Wind Energy Easements

Watch Windustry's web-based presentation on Wind Energy Easements from May 9th, 2007.
(Presented in conjunction with Colorado State University Extension Service and Iowa State University Extension Service.)

Click here to view now.

Presenters:
Lisa Daniels, Windustry
John Covert, Colorado Working Landscapes

 

Windustry's Executive Director, Lisa Daniels talks about common issues related to wind energy leases and easments and discusses other options for landowners as well as sharing some community wind success stories from Minnesota and Iowa.

John Covert, of Colorado Working Landscapes talks briefly about recent wind legislation in Colorado that increasethe options for farmer- and community-owned wind projects in that state.

Chapter 7: Leases and Easements


In the United States, leasing land to wind energy developers continues to be the most common way rural landowners are participating in wind energy. As the wind industry grows, wind developers are increasing the amount of land they are leasing to keep their future market share from slipping away. Because of this, landowners in windy areas need solid advice about wind energy and what signing a wind energy lease or easement means to both them and future generations who will inherit the land.

Ownership: 

Is leasing my land to a wind developer my only option?

No. While leasing land to wind developers is still the most common way for landowners to get involved with wind energy, more and more farmers, landowners, schools, municipal utilities, and rural communities are developing projects and owning the turbines themselves.

These projects keep significantly more of the economic benefits of wind development in the local community. However, developing and owning a project yourself involves quite a bit more time and research as well as financial risk. You have to balance risk and reward.

For more information about different models of community-owned wind energy projects, check out some case studies in our resource library. Also read our Introduction to Wind Development and Know Your Business Structure factsheets in our Wind Basics series to find out how your community can start a wind energy project.

How much do farmers get paid to host wind turbines?

Wind lease terms vary quite a bit, but general rules of thumb are: $4,000 to $8,000 per turbine, $3,000 to $4,000 per megawatt of capacity, or 2-4% of gross revenues. Larger turbines should translate to larger payments. Compensation packages typically are offered as fixed yearly payments, as percentages of gross revenues, or some combination. If you are offered fixed annual payment, you should check whether a regular cost of living adjustment is included. If you are offered a percentage of gross revenues, you should make sure that you would have good access to the information used to calculate your payments.

Subscribe to Leases and Easements