Friday, April 13, 2012
Solar Farms saving the American Farms
Solar farms should be looked at as a way to save the American farmers and ranchers. They can produce more income per acre than cattle, corn or wheat or most any other field crop or animal. On as little as 6 acres a farmer or rancher can produce over 1,000,000,000 kilo watt hours to the grid. At a cost of about $2.4 million dollars in Massachusetts after federal tax credit. Will produce in the neighborhood of a little over $500,000. per year in income. The system pays itself off in about 4 years, plus big tax benefits such as 50% depreciation in the first year, the rest divided over the next 4 years. No property tax increase with the green energy exemption. Systems are warranted for 25 years of production. So over the 25 years you would net over $11,760,000.00 profits. This model works for Massachusetts, Maryland, New Jersey, Hawaii, and a few others. As more and more states decide to go solar the opportunities for profitable solar energy producing farms will rise. If you live in one of the states mentioned and would like to look into a solar farm for yourself to save your cattle ranch or farm contact me and I will direct you to a developer that works in your area to help you see if it will work for you. Financing may be available.