Solar Farm Profit Per Acre

Solar farm acres per megawatt.

Solar farm profit per acre.

Solar farm projects will fetch property owners anywhere between 22 500 to 42 500. This income depends on the project. 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. Lease rates are also determined by the same. 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. Agreeably solar farming can be quite lucrative for some landowners as most solar installations require at minimum 4 acres of useable land.

On average 1 acre solar farm cost about 500 per month to lease in the united states. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average. Solar farm income per acre. However there are some solar farms that span hundreds of acres netting property owners.

On the average the solar farm profit per acre is somewhere between 21 250 and 42 500 on an annual basis. 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.