I have a property on a highway and a couple of days ago I went there and found surveyor stakes all along the front of it, starting at one corner and ending at the other corner, a distance of around 710 feet. They were marked with "ROW" so I knew their general purpose.
Today I get a letter and packet of information from a company that Entergy has contracted to acquire electric distribution easements. They want to buy 18' along the entire frontage. I know there are setback requirements as to buildings and such outside the easement pursuant to the National Electric Safety Code, I think based on voltage and other things, so I do not yet know how much land use I am going to be out, the 18' of course plus the setback. Their offer is a whopping $5 a linear foot.
Unsure why it only runs along my property line and not to any property on either side, but will find out Monday. That makes no sense to me.
I have had a lot of experience with pipeline easements and some with fiber optic easements but not with electrical distribution easements. I know many on here are landowners and have dealt with easements. I am wondering if I have a leg to stand on as far as trying to negotiate the same rate per rod as for pipeline easements. In both situations, the landowner is giving up some, though not all, use of the land within the easement and, in this case, along the outside of the easement. Plus, this easement is not across a hay field, it is along the entire frontage of an operating business.
If anyone has any experience with this sort of thing, I'd appreciate your thoughts.
Today I get a letter and packet of information from a company that Entergy has contracted to acquire electric distribution easements. They want to buy 18' along the entire frontage. I know there are setback requirements as to buildings and such outside the easement pursuant to the National Electric Safety Code, I think based on voltage and other things, so I do not yet know how much land use I am going to be out, the 18' of course plus the setback. Their offer is a whopping $5 a linear foot.
Unsure why it only runs along my property line and not to any property on either side, but will find out Monday. That makes no sense to me.
I have had a lot of experience with pipeline easements and some with fiber optic easements but not with electrical distribution easements. I know many on here are landowners and have dealt with easements. I am wondering if I have a leg to stand on as far as trying to negotiate the same rate per rod as for pipeline easements. In both situations, the landowner is giving up some, though not all, use of the land within the easement and, in this case, along the outside of the easement. Plus, this easement is not across a hay field, it is along the entire frontage of an operating business.
If anyone has any experience with this sort of thing, I'd appreciate your thoughts.