This article delves into the data-driven evidence that positions farms as prime candidates for the renewable energy revolution, not just as decent options, but as potential solar powerhouses in the making. Below are some benefits of pairing your farm with solar:
Land Advantage
Unlike urban rooftops constrained by space and roof size, farmland often offers ample space for ground and pole mounts. Ground and pole mounts can provide a greater return on investment, as they can be perfectly oriented to maximize solar production. Not only this, but these solar systems can double as structures to provide shelter for animals or equipment.
Barns
Beyond fields, barns serve as untapped opportunities for solar panels. Unlike residential roofs with setback requirements, barns offer a surface area for panel installation, significantly boosting energy harvesting potential.
USDA Grants
For eligible farm owners, the Rural Energy for America Program (REAP), administered by the USDA, could prove to be a great resource. This grant program can contribute up to 50% of the total cost of your farm-based solar system, significantly easing the initial investment burden. To qualify, your farm’s agricultural operations must generate at least 50% of your gross income, ensuring REAP directly empowers the agricultural sector.
Depreciation
Depreciation allows farmers to offset system costs against taxable income, while the Modified Accelerated Cost Recovery System (MACRS) accelerates these savings. Farm-based solar can translate into lower electricity bills and substantial tax deductions, significantly impacting the bottom line.
Bottom Line
Pairing your farm with solar technology is not just a cost-saving measure, but a strategic investment in its long-term sustainability and profitability. Beyond immediate reductions in your electricity bills, solar opens doors to enhanced energy independence, environmental stewardship, and potential additional revenue streams.
However, navigating the intricacies of solar adoption demands careful planning and expertise. At Energy Select, we understand the unique challenges and opportunities farms face in making the most of solar technology. Our team of experienced professionals, equipped with in-depth knowledge of rural pairing with solar, will guide you through every step of the process.
Embracing solar technology is not just about reducing costs; it’s about building a thriving, sustainable future for your farm. By partnering with Energy Select, you can harness the power of the sun to illuminate not just your fields, but the long-term success of your agricultural legacy.
