Wind Energy Payments Aid Farm Viability
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Locally Owned Renewable Energy Facilities
Payments from wind energy companies for hosting turbines are helping some farmers stay in business and plan for the future, according to a USA Today feature. Rental payments for land where turbines are sited has helped some farmers pay off equipment, plan for retirement, weather droughts and market price drops, and make succession plans. Some wind energy companies even offer small payments to neighbors of turbines, and wind development can bring jobs to rural communities. Studies show that people receiving payments tend to view wind energy favorably. The country’s strongest wind resources correlate with areas where farmland is prevalent. As wind energy development increases, it’s becoming increasingly important for farmers to find ways for their operations to co-exist with energy production.