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Solar Siting Agreementpending

prince-edward-county-board-of-supervisors-agenda-solar-farm-fy26-budget-may-13-2025_41b.pdf

Prince Edward County Considers Solar Siting Agreement

$112,500Prince Edward CountyCEP SOLARMay 13, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Prince Edward County is considering a siting agreement with Oak Lane Solar Farm, LLC for a 5MWac solar facility on 194.8 acres, involving a $112,500 upfront payment and an annual $1,400 per MWac payment for a total estimated taxable revenue of $561,587 over 40 years.

Contract Details

Contract Amount

$112,500

Vendor

CEP SOLAR

Agency

Prince Edward County, VA

Contract Type

Solar Siting Agreement

Document Date

May 13, 2025

Contract Term

40 years

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