Prince Edward County Considers Solar Siting Agreement
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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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