New Jersey property owners can earn hundreds of thousands of dollars by hosting a NextGrid solar farm.
NextGrid Inc. works directly with landowners and their representatives to purchase or lease land to host solar farms. Property owners are paid to lease their property to NextGrid or sell for cash—often above market value.Email Us
We buy land from landowners with an Option to Purchase Agreement. This agreement begins with an Option period. During the Option period, the landowner is paid a negotiated option fee and may still use their land while we conduct feasibility studies, obtain interconnection and power purchase agreements, and acquire local permits. Once we secure all of our necessary documentation, we exercise our Purchase Option, close on the land and pay the landowner in full.
We enter Lease Agreements with landowners interested in long term income while retaining ownership of their land. Lease Agreements begin with an Option period. During the Option period, the landowner is paid a negotiated rent and may still use their land. Meanwhile, we conduct feasibility studies, obtain interconnection and power purchase agreements, and acquire local permits. Once we secure all necessary documentation for a solar farm, we transfer into the full terms of the lease.
We locate properties that we assess to possess strong potential to host renewable power. We contact the owners, or sometimes they contact us. We quickly diligence each site and offer a Lease or Option to Purchase Agreement for the most promising sites.
A short list of things we look for when securing a host site:
*Larger sizes are possible but present unique challenges. If you own 80 acres or more that is located on or near a transmission line, we may be able to develop a larger project on your land, and we want to hear from you.
NextGrid pays for and manages everything—from lease and rent payments, to development and construction. Property owners turn their land into income at no cost.
Lease payments are made every month for 20 years. We pay the rent with the solar farm we operate onsite.
NextGrid is a US based renewable power company with years of experience working alongside hundreds of landowners successfully operating solar power plants.
Generating solar power is often the highest and best use for the landowners with whom we work. Our Lease and Purchase rates are often above market.
By partnering with NextGrid to develop renewable energy on a property, landowners directly join the fight against climate change. We couldn't deploy renewable power without them.
Distributed energy is what we do and we're good at it. We meet the majority of our landowners through referrals. People say our transparency in communication is refreshing.