Canary Media Inc.’s Post

"While #solar arrays may have an aesthetic impact, property values are influenced by a wide range of other factors, such as the quality of schools and the local economy." So glad to see some real research here! Over the past decade, providing evidence on solar installations' impact on real estate values during zoning hearings has been a challenge. Previous options included referencing wind project studies or conducting ad hoc research, but solar lacked sufficient data history. This report stands out for its diverse size range, covering utility scale to distributed generation installations. Emotions can still be high at project meetings, especially in new communities. My toughest professional moments have involved addressing concerns in communities where I develop projects. Despite challenges, easing fears about new technologies locally has been rewarding. Professional integrity is paramount to me, and I recall vividly the conversations in small communities on solar's impact. It's reassuring to see that my beliefs on property values align with the quantitative analysis. #renewableinfrastructure #energytransition #smartgrid

➡️ Well, this is contrary to what many think. Utility solar development can increase property values in rural communities where these projects are sited. ☀️ 💲 Loyola University researcher Gilbert Michaud has attended scores of community meetings about proposed solar projects, from the Midwest to rural France. In past research, he quantified that property values were the most common concern brought up in local hearings about proposed utility-scale solar in Europe — and he’s seen similar trends in the U.S. His latest study, published in the December 2024 issue of the journal Solar Compass, looked at property values surrounding 70 utility-scale solar projects in the Midwest and found they actually had a minor positive effect — increasing values by 0.5% to 2%. “While the impact itself — of a few thousand dollars — might not be incredibly meaningful,” said Michaud, “clearly these projects drive economic development in rural communities, through jobs, tax contributions, et cetera, which in turn increase residential property values.” Canary Media Inc. #Solar #UtilityScaleSolar #RenewableEnergy Gilbert Michaud, PhD Loyola University Chicago

A new study on solar farms reveals that utility-scale solar projects in the Midwest do not harm nearby property values; in fact, they can even provide a slight boost, increasing values by 0.5% to 2%. This counters common fears about solar installations affecting local real estate, highlighting their potential to drive economic development and enhance community property values through jobs, taxes, and educational contributions. It's promising news for solar energy advocates and rural communities alike. Read the full article from Canary Media Inc. here: https://hubs.li/Q02VSMyn0

A new study from Loyola University shows that solar farms might actually increase nearby property values by up to 2%. It’s a small boost, but it challenges the common misconception that solar hurts property values. Plus, these projects bring jobs and tax revenues to local communities. It’s exciting to see data that backs up what many of us have believed all along—solar can be a win-win! #SolarEnergy #PropertyValues #Sustainability

Having spearheaded some of the initial land-owner contact-hunting in the last year for clients, we would agree. There is a gap between public support for solar and the lack of interest areas we are looking to install. It would also be fair to say that we can all support it, but that is different than making a decision that impacts your family, 80-500+ acres of your land, and its earning potential. These are decisions the owners must make. "Despite national polls showing broad support for utility-scale solar among rural Americans, solar developers now report that community opposition and restrictive siting ordinances are leading causes of project delays and cancellations. Residents living near proposed and existing utility-scale solar sites have voiced a number of concerns, including its possible impacts on farmland and agricultural production, biodiversity, stormwater runoff, home, and property values, as well as concerns about solar panels’ toxicity and safety. A new study aims to uncover community perceptions of utility-scale projects, and how residents perceive the planning processes that led to them." - Renewable Energy World https://lnkd.in/esbrbvPH

Government approves three new solar farms that could power 400,000 homes. This decision marks a significant stride toward the UK's goal of achieving Net Zero and energy independence. Key Highlights: 🔅 Three solar farms approved: Mallard Pass, Sunnica and Gate Burton 🔅 Projects will generate 1.4GW of clean energy 🔅 Farms to cover 2,837 hectares, providing power for 406,994 homes 🔅 The government's swift action demonstrates a commitment to green energy Energy Secretary Ed Miliband emphasised the urgency and ambition behind these decisions, underscoring the UK’s mission to become a clean energy superpower by 2030. https://lnkd.in/efVzUfgF

Midwest study finds solar farms don’t hurt property values — and they may even boost them One of the most common misconceptions about large-scale solar farms is that they negatively impact property values. However, a recent study from Loyola University debunked this myth, showing that solar farms don’t harm property values and may even boost them. The study, which reviewed property values near 70 utility-scale solar farms across the Midwest, revealed a slight increase in values—ranging from 0.5% to 2%—around these projects. The research involved analyzing factors that influence property values, such as the size of solar farms, proximity to residential areas, and regional economic conditions. The findings highlighted that large-scale solar farms can contribute positively to local economies through job creation, tax revenues, and donations to schools. This creates an environment where landowners benefit from stable or increased property values, while companies investing in solar farms can tap into the growing demand for clean energy. In addition to these financial advantages, the environmental benefits of large-scale solar are significant. Solar farms reduce reliance on fossil fuels, lower carbon emissions, and provide a sustainable way to use agricultural land while preserving its long-term value. These factors make utility-scale solar projects a win-win for both landowners and companies committed to sustainability. You can read more about the study here: https://lnkd.in/eNnETZ7g  What are your thoughts on this? At ArtIn Energy, we’re ready to partner with you to explore sustainable solar solutions that benefit both your business and the environment. Reach out to us to see how we can help you invest in a greener future. #SolarFarms #CleanEnergy #Sustainability #RenewableEnergy #SolarPower #SolarInvesting #Environment #SolarSolutions #ArtInEnergy

Stable profits, land preservation matter to farmers debating solar leases . To solar or not to solar? While a stable and predictable profit is an important factor to Pennsylvania farmers considering leasing out their land for solar energy development, it's not enough on its own, according to a new study led by Penn State researchers. #TechTrends #TechInnovationsDaily #DigitalFrontiers #FutureTechInsights

Excellent article by Karl Ebert in the Milwaukee Journal Sentinel about #communitysolar issues in #wisconsin. Quite the contrast with #minnesota, which the article points out is 2nd in the country for community solar installations. Karl's work informs the big question: Do you believe in democratizing #energyproduction or in maintaining the #monopoly power of the #utilities and what they say is the assurance of reliability and keeping costs down (that from the monopoly with all the pricing power 🤨)?

Aligning with Syncarpha's mission to advance the widespread adoption of solar energy, it's important to share what's occurring in states throughout the U.S. In Wisconsin, landowners and developers are advocating for the opportunity to develop community solar projects, currently hindered by state law and utility opposition. This article highlights the broader issue of restrictive state laws that limit community solar development to regulated utilities, despite clear community interest and the advantages of third-party operated solar farms. #communitysolar #utilities #solarenergy #syncarpha https://lnkd.in/e5Qqc4gZ