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 - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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