Renewable Energy Leases: Protecting Landowner Interests in Western Australia
As the demand for renewable energy continues to rise, many landowners in Western Australia are considering leasing their land to developers for large-scale renewable energy projects, such as solar farms and wind turbines. Granich Partners is the leading legal firm in Western Australia for renewable energy leases, helping landowners navigate the complexities of these long-term agreements to ensure their interests are safeguarded from the start.
Why Early Legal Guidance is Essential
Renewable energy leases are unique, complex, and designed to span decades. Without early and thorough legal guidance, landowners may inadvertently commit to terms that limit future negotiation power or compromise long-term benefits. Granich Partners provides early-stage support to ensure that agreements are clear, beneficial, and strategically aligned with your interests.
Key Considerations for Renewable Energy Leases
Land Use and Access
Clear parameters around land use and access are critical. A renewable energy lease should outline specific legal controls over the developer’s access to and use of your land, especially during construction and ongoing operations, to protect your land and secure your rights to continue any existing farming activities.
Rights of Access
It's essential to retain access rights for continued land use, particularly if your land supports agricultural operations. Granich Partners can help establish boundaries and usage agreements that protect your ongoing access and utilisation rights.
Rates and Taxes
Renewable energy projects can impact your land's tax status, potentially increasing rates and taxes. The lease should stipulate that the developer assumes responsibility for any tax increases tied to the energy infrastructure, preventing unexpected financial burdens on the landowner.
Insurance Requirements
Infrastructure for renewable energy can raise insurance premiums. A well-structured lease requires the developer to cover any insurance cost increases and maintain comprehensive coverage for project-related risks.
Rent Review Clause
Over time, market conditions evolve, making it crucial to include a rent review clause in the lease. Regular rent reviews ensure that income remains fair, competitive, and reflective of market conditions, protecting the landowner's financial interests throughout the lease term.
Decommissioning and Land Restoration
At the project’s end, decommissioning requirements should obligate the developer to remove all infrastructure, dispose of waste responsibly, and rehabilitate the land to its original state. These terms protect your property’s value and ensure its usability after the lease concludes.
The Granich Partners Advantage in Renewable Energy Leases
With our extensive expertise in renewable energy leases and focus on Western Australian landowners, Granich Partners offers a comprehensive approach to renewable energy agreements. Our team provides tailored advice and support during negotiation, ensuring that your lease is crafted with precision to protect your rights, enhance your financial outcomes, and uphold your land’s long-term value.
Need Assistance?
For tailored legal advice on renewable energy leases or you require assistance in negotiations with a developer, contact Granich Partners. We’re here to help you secure the best terms and make informed decisions about your land and your family’s farming future.