Start a Solar Farm

Biofuel production, for example, is creating a market for soybean farmers. Solar farming is another opportunity created by the drive to create cleaner forms of energy than those coming from traditional sources. Some governments are providing several million dollars to fund projects to put up community solar farms as part of their energy programs.

Solar Power as Alternative Energy Source

The sun can be a “free” source of electricity for homes, farms and businesses through the use of photovoltaic (PV) systems that convert sunlight into a form of energy that can drive motors and power lightings. If you have a farm or ranch as small as less than an acre, with open rooftops or location that gets direct sunlight consistently throughout the day and whole year round, you might consider installing a solar energy system as alternative source of power. Having a solar energy system will allow you to produce your own electricity at a cleaner process.

Solar Energy System Cost

A limiting factor when deciding to tap solar energy, however, is the large initial investment for the system. While getting power from the sun could eventually lower down electricity bills, there is an upfront cost to pay when installing a PV system. The cost will depend on factors including where the PV system will be mounted, its size, and the supplier and installer of the equipment. It can range from around $20,000 to $40,000. And yet, if your site is far from power lines and to get electricity, you have to extend power lines, installing a solar energy system might still be less expensive. Consult companies that specialize in selling and installing solar energy systems. They can advise you on investment needs and whether your site is suitable for a solar energy system. One company providing solar electricity installation around the country is Clear Skies Solar, Inc.

You can maximize the value of your investment by getting additional income for whatever surplus electricity you may have. Find opportunities to sell surplus power to other homes and farms for added income. Also research for available solar tax credits, rebates and federal grants that you may avail of. Visit these resources: American Solar Energy Society, Office of Energy Efficiency and Renewable Energy, National Sustainable Agriculture Information Service, National Sustainable Agriculture Information Service.