Solar Farm Profit Per Acre
The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.
Solar farm profit per acre. 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. 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. Solar farm income per acre. On the average the solar farm profit per acre is somewhere between 21 250 and 42 500 on an annual basis.
For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. Actual profits can be much lower or indeed much higher. Lease rates are also determined by the same. 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.
Solar farm projects will fetch property owners anywhere between 22 500 to 42 500. This income depends on the project. Agreeably solar farming can be quite lucrative for some landowners as most solar installations require at minimum 4 acres of useable land. However there are some solar farms that span hundreds of acres netting property owners.
Well according to landmark dividend the average solar farm profit per acre lands somewhere between 21 250 and 42 500. 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.