On the average the solar farm profit per acre is somewhere between 21 250 and 42 500 on an annual basis.
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 projects will fetch property owners anywhere between 22 500 to 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.
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.
Agreeably solar farming can be quite lucrative for some landowners as most solar installations require at minimum 4 acres of useable land.
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 acres per megawatt.
This income depends on the project.
Actual profits can be much lower or indeed much higher.
Lease rates are also determined by the same.
On average 1 acre solar farm cost about 500 per month to lease in the united states.
The truth is that the united states is expansive with complex markets for power and so a straightforward answer of 300 to 2 000 per acre per year can be misleading without context.
The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.
Well according to landmark dividend the average solar farm profit per acre lands somewhere between 21 250 and 42 500.