How much money do those Electric Windmills make per year? What are the requirements to get one on your land?
Friday, September 3rd, 2010 at
8:35 pm
I live in northwest missouri, where the wind is incredible. They have been putting up those massive white electric windmills all over the place. I was wondering what it takes to get some and how much each of those make to someone with it on their farmland?
Thanks!
Filed under: Home Wind Turbines
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Jeff, the re-numeration to the landowner is negotiated individually with the power production company, and normally, for cost reasons, they like to place several (not just one) in a wind-favored, environmentally less-sensitive area with tax incentives from the local governments. The economics can depend on several factors, including tax incentives, so an attorney experienced in this area is pretty much required as your negotiator.
The requirements include a windy area, preferably out of sight, where the state and locally authorities will permit based on noise, wildlife and access considerations, clear title to land ownership, willingness to sign no-fault (i.e., does the noise annoy you later?) provisions (see sources, below).
Contact the firms directly (see sources, below).