Over the last few years electricity providers across the country have taken a great step to improve and enhance renewable energy resources. Nowadays, solar farming is getting popular in Oregon, which has proven to the best way to introduce extra income. Solar companies are leasing the land from owners and building racks for solar panel installation on land. The energy of solar panel is then converted in alternate current and sold to various power consuming companies to control the local power grid. The leasing contract can last up to 20-30 years or in some cases it can also extend to 50 or more years.
If you are also thinking to lease a land for your solar panel project then solar farm lease rates per acre can be up to $4,000 per year in Pacific Northwest. Mainly rates differ from country to country for that you can have some research work.
How to establish your business?
USDA is now accepting the application and helping the local people to set their various framing businesses, whether small or large. If you are an owner of a small business then you will be entitled under the rules of United States Department of Agriculture (USDA) solar grants to cover up to 25% of the cost.
Benefits of building solar farm
Long summer
Summers in Oregon are generally long that is from 5 am to 10 pm. These long and clear sunny days can help in producing great solar energy. When you produce great amount of solar energy then you can sell this current to more power consuming grid and can get good income.
Low installation cost
USAD department of Oregon are helping people to provide some percentage of money to start there business. If you are thinking to start your small solar energy business then you can take help of the department. Als, it can also provide their assistance to you in establishing your business.