By Mary Griffith
Many farmers consider investing in on-farm solar energy systems to stabilize energy input costs. Farmers interested in installing solar energy systems can learn more about the technology and potential cost savings during an OSU Extension workshop on February 24th at Der Dutchman in Plain City or February 18th at the Crawford County Economic Development Partnership Building in Bucyrus.
Solar energy systems offer many benefits, including the positive environmental impact of reducing greenhouse gas emissions, and reduced future energy costs. Energy inputs are important to agriculture, with energy-related expenses representing an average of more than 13% of farm production expenses in 2005-2008. Solar energy stabilizes future energy costs, is associated with low maintenance costs, and is free to the producer after the initial investment in installation is recovered.
In order to help producers understand whether on-farm solar is a good fit for their operations, the workshop will offer information on important factors to consider while predicting return on that initial investment. Other important financial considerations including tax credits, financing options, and funding opportunities, will also be discussed.
Source:osu.edu