Solar Conserves is an independent company that is dedicated to putting landowners together with large community solar developers. This partnership between landowners and developers often brings land that is being underutilized to the forefront which can now bring substantial revenue generating income for the landowner and at the same time reduce carbon emissions, increase independence on foreign oil and have a lasting effect on the planet for generations to come.
• Initial Contact with landowner: Much of the initial investigation on the land is done prior to contact with a landowner. For obvious reasons, finding the right piece of land for large-scale community solar projects can be very challenging. There are number of "Fatal Flaw" issues that must be overcome for community solar project to work. Projects must be relatively near three phase power, the land must be fairly flat with no obstructions to the south, and very little obstructions to the east and west. A preliminary investigation is done as to wetlands, setbacks, zoning ordinances, and the ability of the utility lines to carry the capacity of the community solar project. Typically, once this initial investigation is completed contact with the landowner is made.
• Signing the letter of intent for solar power project "LOI". The letter of intent for solar power project or "LOI" is a document used by community solar developers to start the process of investigating the landowners property and lays out the terms of revenue for the landowner. The LOI is typically only in effect for 60 to 90 days while civil engineers, electrical engineers, and regulatory personnel determined if the site chosen can be a viable project. It is a "good faith document" and does not constitute a binding offer to enter into a lease agreement by either party.
• Land lease option and lease agreement (Solar Farm): The land lease agreement is the final document binding the landowner and the community solar development company to what typically is a 25 year commitment with up to (4) five-year extensions. First payment of the lease agreement is typically paid out to the landowner when construction starts on the property.