PLAIN CITY – Many farmers consider investing in on-farm solar energy systems to stabilize energy input costs. Farmers interested in installing solar energy systems can learn more about the technology and potential cost savings during an OSU Extension workshop on Feb. 24 at Der Dutchman in Plain City.
Solar energy systems offer many benefits, including the positive environmental impact of reducing greenhouse gas emissions, and reduced future energy costs. Energy inputs are important to agriculture, with energy-related expenses representing an average of more than 13 percent of farm production expenses in 2005-2008. Solar energy stabilizes future energy costs, is associated with low maintenance costs, and is free to the producer after the initial investment in installation is recovered. It is critical to understand the assumptions used to calculate the payback on the initial investment.
To help producers understand whether on-farm solar is a good fit for their operations, the workshop will offer information on important factors to consider while predicting return on that initial investment. Other important financial considerations including tax credits, financing options and funding opportunities will be discussed.
The workshop is from 9 a.m. to 3:30 p.m. at Der Dutchman, 445 S. Jefferson Ave., Plain City.
The workshop is free to attend but requires registration. Breakfast and lunch are included with registration. Space is limited. Register by Feb. 19 by contacting OSU Extension Madison County at 740-852-0975 or [email protected]
Information from OSU Extension Madison County.