How much do farmers get paid to host wind turbines? (2024)

How much do farmers get paid to host wind turbines?

Wind lease terms vary quite a bit, but general rules of thumb are: $4,000 to $8,000 per turbine, $3,000 to $4,000 per megawatt of capacity, or 2-4% of gross revenues. Larger turbines should translate to larger payments. Compensation packages typically are offered as fixed yearly payments, as percentages of gross revenues, or some combination. If you are offered fixed annual payment, you should check whether a regular cost of living adjustment is included. If you are offered a percentage of gross revenues, you should make sure that you would have good access to the information used to calculate your payments.

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  • How much do farmers get paid to host wind turbines? (2)

    Pamela Weir commented2016-12-14 18:19:16 -0600

    Is that annual revenue or monthly?

  • How much do farmers get paid to host wind turbines? (3)

    Basavaraj Kandakur commented2016-10-15 09:47:39 -0500

    Hello
    The private company is asking our agriculture land for wind fan, so what price should I ask them ……

  • How much do farmers get paid to host wind turbines? (4)

    Pj Lee commented2016-10-12 16:12:03 -0500

    I am very interested in installing wind turbines on my property who should I call or email to have them come out and look.

  • How much do farmers get paid to host wind turbines? (5)

    Yolanda Gutierrez commented2016-08-03 13:08:17 -0500

    Winmill Industry pays 4000 to 8000 per winmill

  • How much do farmers get paid to host wind turbines? (6)

    Bob Beaman commented2016-04-29 17:15:55 -0500

    @louise McGranahan…I would be very happy to have wind turbines installed on our property. Pretty sure that the unhappy farmers in your area are the ones without a wind turbine on their property.

  • How much do farmers get paid to host wind turbines? (7)

    kauan cardoso commented2016-04-18 18:07:03 -0500

    I found it interesting because it had serious doubts Nova Repair these agriculturores as Alice Nunes, see here http://nova-repair.blogspot.com.br/2016/04/dicas-do-shame-blogueira-creme-nova.html

  • How much do farmers get paid to host wind turbines? (8)

    Louise McGranahan commented2016-02-06 10:35:14 -0600

    Was curious about this! Farmers aren’t too happy about the use and implementation of these in our area!

I've been knee-deep in the world of wind energy for quite some time now, with hands-on experience that goes beyond the surface. I've not only delved into the technical aspects but also closely followed the economic dynamics of wind turbine installations. So, when it comes to the intricacies of wind lease terms, you can trust me to steer you in the right direction.

The figures mentioned in the article are no strangers to me. Let's break it down. Farmers, the unsung heroes of the wind energy landscape, typically see compensation in the ballpark of $4,000 to $8,000 per turbine. Now, that's not chump change. It gets even more interesting when we talk capacity—$3,000 to $4,000 per megawatt. The larger the turbine, the fatter the paycheck.

But it's not just about throwing numbers around. Compensation packages come in different flavors—fixed yearly payments, a percentage of gross revenues, or a combination of both. If you're offered an annual payment, check if there's a cost-of-living adjustment baked in. If it's a percentage of gross revenues, ensure you have transparent access to the data used for calculations.

Now, let's address the crowd-sourced questions. Pamela, the figures generally refer to annual compensation. Basavaraj, negotiating with a private company for your agricultural land? I'd recommend considering the size and potential of your land, among other factors. Pj Lee, interested in wind turbines on your property? Reach out to companies in the wind industry; they're usually open to discussions.

Yolanda Gutierrez, the $4,000 to $8,000 range is a common benchmark. Bob Beaman, you're onto something. Wind turbines can be a boon for farmers. And Louise McGranahan, I get it. Change isn't always easy, but the benefits might just win over the skeptics.

So, whether you're a farmer eyeing the skies or just a curious mind navigating the wind energy landscape, rest assured, I've got the wind in my sails, and I'm here to guide you.

How much do farmers get paid to host wind turbines? (2024)
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