Solar Farm for Sale in N. Georgia

Property Description

A working solar farm is now back on the market for sale in beautiful north Georgia.

Initial Construction cost was million US in 2012. This solar farm incorporates tracking of the sun throughout the day to maximize results in power generation. The property consists of a home present, tied to a 200kw solar power generating field. Solar panels are Canadian Solar brand and are very durable. Maintenance is very little annually on the equipment, with mowing being the most common task at 4-5 times annually. An outbuilding on premises can store a riding mower inside along with tools & equipment.

The permanent double wide mobile home with wrap around deck/porch is included with the property. A new well was drilled and operational as of July 2021. Property is zoned residential but taxed commercial.

Options with the additional land space include:

1) Adding 2 other smaller residential structures as rental income, or

2) Expand the solar field with additional panels, doubling the output.

The solar farm generates electrical power and is tied to Tri-State Electric Membership Corporation, which is linked to the Tennessee Valley Authority.

An ongoing, transferable written agreement is in place for 10 years. Where the power generated, it is sold to the Utility at the going rate. The Agreement with Tri-State EMC has a clause for rate change increase, should residential rates increase. Current standard utility rate is at 0.11Cents/Kw.

The solar farm generates annually in power income. This can vary due to weather conditions during the year. History of output performance is available upon request.

Land has space for a 600+ additional, static panel addition and current Grid connection gear can well handle it for the EMC Utility.

Cash Offers Preferred.

For more information, please contact.