How long is the option period?
In most cases the option period is 5 years. The planning process in the UK is a long one, and 5 years allows Belltown Power time to complete all required surveys, planning and other grid related processes. The landowner has control of the property during this time and can continue to utilise it. Belltown Power will need occasional access to the site to conduct studies that are needed to fully develop the project.
What if I have existing agriculture or leisure activities?
As tenants, we understand and encourage our Landlords to continue their existing agricultural and leisure activities onsite as we undertake the planning process. Given the length of the option period and the time we need to ensure the site is ready for construction, we have always committed to and been able to provide enough notice to Landlords to allow them the required time to plan their activities. During construction and operation, we work with landowners to accommodate existing activities in collaboration with the wind farm where safe to do so.
How am I paid rent under the lease?
All payments will be identified in the detailed and transparent Heads of Terms and option documents we agree. We are open to different structures, but typically an annual payment is paid to the landowner upon execution of the option agreement. The agreement will outline any option extensions and what payments the landowner will receive. It will also include an agreed draft lease detailing all future rent payments to be made during construction and operation
What access will the landowner have?
The lease will include continued rights of access across the property throughout construction and operation, subject to coordination with contractors to ensure everyone’s safety.
Are there negative impacts to the land?
When developed and constructed responsibly, wind farms can exist in harmony with the environment and allow land-use activities to continue. The wind farm footprint is small and, aside from the substation and the turbines, will not change access across your property. Improved access and habitat management schemes can even enhance a property’s amenities and create potential additional value. The wind farm will consist of access tracks, turbines, buried cables and a substation. Following construction, landscaping and reinstatement will be completed to sensitively restore disturbed areas. Wind farm activity on site during operation is generally limited and all above ground infrastructure will be removed at the end of the lease.