There appear to be two routes to income from a Solar Farm.
- Leasing land to a 3rd party, to install and run a solar farm
- Installing and running a solar farm yourself
Leasing companies offer up to £850 per acre, per annum, with no cost to you. i.e. 100 acres x £850 = £85,000 per annum
I'm finding it harder to get a cost for self-installation, but it seems that it would be in the region of £250,000 per acre. One acre would currently generate a £40,000 income per year, so you're probably looking at somewhere between 6 and 8 years for the system to pay for itself. However, for the following 15+ years (the installations are designed for 25 years), you are looking at pure profit.
One would also hope that with economies of scale, a large installation would have a smaller cost per acre for installation.
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