There are 2000 acres being built around me right now. They are paying $700 per acre per year for 25 years(with an option for 25 more) with an annual increase of 2%. In year 15 they are required to set up a bond for the estimated cost of removal or install new equipment which means they will go into the second 25 year term. These projects are being bought by the local power companies as they are closing several coal plants and the city people in Madison have said they will pay extra for green energy.I have never heard of an electric company filing bankruptcy so it should be a reasonably safe income. Much better than corn or beans. It is good land but with current prices we must have to much of that? At the end of the term they have to remove everything less than 4ft deep from the property so it should be able to back to ag. Tom
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Today's Featured Article - Fabricating Sidesheets - by Chris Pratt. The easiest and best first-time project for wanna-be sheet-metal workers like myself is flat or nearly flat metal cut and drilled to be a tractor's sidesheet. A sidesheet is sheetmetal to cover either the engine as in the case of early Oliver's, Massey-Harris' and many crawlers or the wiring and electrical components as in the case of the Massey-Harris Pony, Allis Chalmers' D Series (D-14, D-15, D-12, D-10, D-17, and D-19). The need for fabricating becomes obvious when you go to buy any of these
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