A new report from SEIA (Solar Energy Industries Association) has been published highlighting the strength and vigor of the renewable energy industry in the state of Texas. The findings state that current and expected wind, solar and energy storage projects are expected to pay nearly $50 billion in landowner lease payments and local taxes over the course of the States’s projects’ operating terms. Madison Street Energy has been aware of the health and wealth of the Texas marketplace since our founding. Forty percent of our wind, solar, and storage lease buyouts have been in this state.
The Economic Impact of Renewable Energy and Energy Storage Investments Across Texas report was written by Dr. Joshua Rhodes, from UT Austin and the energy consulting firm of IdeaSmiths LLC. Dr. Rhodes attributes Texas’s success to several factors. One important factor is the ability for private landowners to exercise their rights as property owners to do with their land as they see fit and realize the stable and consistent long-term revenue streams that come from wind, solar or storage land leases.
Our work at MSE takes this opportunity (in Texas and throughout the United States) and adds one more strategic, financially beneficial step, the lease buyout program. We provide landowners the option of putting the value of their leases to work NOW, by structuring large upfront cash payments so that it can be re-invested into their business, make capital improvements, pay down debt, etc.
If you are a renewable energy leaseholder (anywhere in the United States) and have questions about the value of your wind, solar or energy storage lease, please visit madisonstreetenergy.com, email us at contact@madisonstreetenergy.com, or call us at 312-584-0852.