Solar Farm Profit Per Acre
Solar farms are especially interesting for american farmers since depending on the crop solar farm profits from photovoltaic panels could end up being far greater than traditional farming practices especially in the right climates.
Solar farm profit per acre. Solar farm income per acre. It s important to note that the earnings per acre could go much lower or higher depending on multiple factors centered around the value of such land. For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. Well according to landmark dividend the average solar farm profit per acre lands somewhere between 21 250 and 42 500.
Of course it s very important to remember that these figures vary wildly on a project by project basis thanks to some of the factors we ve discussed above. Before getting into rental rates it s first important to understand the metrics common for calculating rent in solar land transactions and some high level. Solar farm projects will fetch property owners anywhere between 22 500 to 42 500. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.
On average 1 acre solar farm cost about 500 per month to lease in the united states. On the average the solar farm profit per acre is somewhere between 21 250 and 42 500 on an annual basis. However there are some solar farms that span hundreds of acres netting property owners. Lease rates are also determined by the same.
Agreeably solar farming can be quite lucrative for some landowners as most solar installations require at minimum 4 acres of useable land. Solar farm acres per megawatt.