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How agricultural solar panel systems are a cost effective alternative? A complete guide!
How agricultural solar panel systems are a cost effective alternative? A complete guide!

Agricultural Solar Panel Systems | A Cost-Effective Alternative!

Harvesting is hard, so is the dairy business. That’s major due to overheads and dependability. Well, this post is going to help out become a smart 21st-century agricultural manager. As electrical costs rise up in the industry, the provision of the necessary equipment in the farms becomes challenging. Each year, farmers wish for enough rain in order to sustain their crops and earn a dividend from their net investment.

I believe that’s enough of an introduction before we start the real talk. Let’s dive in.

Here’s all you need to know about agricultural solar panel systems.

The post will cover the following topics:

  • Tax Cut Savings
  • Reduced Electricity costs
  • Diversification of revenue stream
  • Investment for future generations
  • Tax Cut Savings

On our journey to benefitting from agricultural solar panel systems. This is one of the most desired dreams for an agricultural manager. That can be dairymen, farmers, ranchers. There’s a ton of grants and tax cuts you get from the government when you file your tax return for your farm. Now to make this simple let’s suppose you filed your tax returns stating your solar panel installation.

Since solar-generated power is considered green electricity. Which of course doesn’t mean it’s green, rather good for the environment. In fact, this way there’s no usage for natural or artificial resources consumed to make electricity. All you are required is to “harvest the sun” and boom!. This way of producing electricity is super-efficient, eco-friendly, and cost-effective. Some major examples are ITC(Solar Investment Tax Credit) and REAP (Rural Energy for America Program).

That is the major reason the government encourages you to participate. While you have your electric source from these solar panels for crops and farms. You are also entitled to get grants and subsidies from the government on your annual spending. Which makes it one great way to achieve productive efficiency for your agricultural-related business.

Ahead of here, there’ll be a chain of benefits that you can gain through solar panel installation.

  • Reduced Electricity costs

As farmers, dairymen, or ranchers, you plan to invest the major part of your profit from the last season for a new cropping session. Now for earning a good profit off of it, there are a couple of considerations. Electricity usage is one major cost for businesses related to agricultural production. Rather it’s your animal farm or as far as a crop harvested on a couple of acres. As an entrepreneur, you want to make sure you keep your costs low. So for this cause, solar panels are a great idea to initiate. As you must have seen some in your surrounding farm and crops. There’s a strong argument for them being a useful option to consider.

You cut down on your electricity cost for literally as low as 0-2%. This is all because now you have your personal electricity plant. As the variable cost is super low for agricultural solar panel systems. This is what makes it most effective and reliable.

Another reason for smart farmers to choose solar panels for their crops is non-dependability. I’ll explain how that works, as long as you are consuming the normal state-provided electricity, there’s a high chance you can have a blackout someday due to any weird reason. Now I am not saying that happens very often. But it doesn’t mean that if the chances are low, it’s impossible. However, once you install solar panels on your farm. You have a complete electric supply regardless of any factors, including whether or technological failure. It’s a sole-produced electric source ready to serve 24/7. You have the desired amount all around the year, 365 days!

  • Diversification of revenue stream

As agricultural managers, we understand that we have to think very thoroughly about our revenue stream. Let it be the crop we produce or the dairy/meat products we ought to sell.

However, this installation of agricultural solar panel systems can also help out in generating revenue streams.

At this point, it might sound a little confusing. But it’s not, I’ll explain. Once you have set up your solar panels on the farm or cultivating area for a couple of acres supposedly. Now you have a whole lot of electric supplies to meet your needs. How it works is that the batteries which are set up with your system are provided at night and winter. They have stored all that electricity which can now be used in winter and even the extra can be sold out. By selling off that extra solar-produced electricity you have your unique revenue stream!

As a result, this extra electricity can be sold as a variable option. However, the grid station in your surrounding is looking for it more than anyone else! So this way you have no electric bills even during winter. And you went from being the consumer of grid electricity to the producer selling to the local grid station.  In addition to further revenue, resulting in better profitability of the business.

  • Investment for future generations

By the usage of solar-powered electricity, you are entitled to all the advantages listed above. But then what’s this section about? Actually, this is an investment you make for the future. I’ll break it down for you.

Installation of agricultural solar panel systems varies for the size of the project you are willing to install. But what’s the catch here? There’s always a catch, right!

The solar panels you install on your farmland are normally gonna last for about 25-30 years. Yes, you have read it completely right!. Their durability is amazing in regards to lasting for a very long period. The other parts are the batteries installed with your solar panels. Those last somewhat about 7-10 years each.

Now once you have made your initial investment by installing these “money makers” (solar panels 😉 ) You now have little to know variable costs for them. They tend to be very durable, strong, and reliable. Solar Panels are fine with your funky weather conditions, which includes hailing and snow.

The ROI (return on investment) is enormously high from installing these solar panels. You now have all the benefits listed above which include Tax cuts and grants, energy-saving, and revenue stream addition (electricity selling to the grids!) for about 20-25 years without any more investment!. We can just imagine how amazing that would turn out for the long-term profitability and efficiency of your very farm. The level of advanced and effective power stream can be passed to the coming generation which can prove to be a revolutionary step for your agricultural business. The future agricultural managers can make out the most of it. An investment towards a sustainable future.

About the author:

I hope this guide was helpful enough for 21st-century farmers to become smarter and more technological. You can get your project ready and running from 8760 Solar Solutions (https://8760solar.com/). Growing up on a farm we understand the struggles of farmers and wanted to come out with an everlasting product that takes out the hassle and brings in the money. Fill the contact form given on our website for any queries you have. For your very own quotation, email us at Email: sales@8760solar.com or shoot us a call at Phone: (208) 680-0999.

I hope you learned and enjoyed reading my post. Please leave any suggestions or comments, if any.

About michaelbarrows

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