From article in the June-July Progressive Farmer;
CA has high electricity rates. Rancher has a 6,000 acre operation west of Reno, 450 pair cattle, 2500 acres in mostly alfalfa. Pumps from wells to irrigate. $150,000 a year electricity bill. He ran the numbers and put in 3 acres of solar cells, which produce 1.2 million kW of electricity. Cost of system, $2.4 million. Pay off in 10 years. Price was reduced by $900,000 of tax credits and subsidy. If he overproduces, he can get credit from the electric company at 6 cents per kW, but there is no incentive to overproduce since it costs him 12 1/2 cents per kW to produce.
KEH