Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

#WindEnergy A BOON FOR RURAL AREAS

As commodity prices continue to drop and farmers struggle to meet debt payments, wind energy has become the newest cash crop, supporting family farms as they collect lease payments on the land on which turbines are built. Bloomberg says the more than $100 billion that companies have invested in wind power in low-income counties – where about 70% of wind farms are located – has helped double assessed land values and provided an infusion of local tax revenue to rebuild schools and pay down debt.

This entry was posted in Agriculture News. Bookmark the permalink. Both comments and trackbacks are currently closed.