Posted by MSD on September 05, 2010 at 11:33:02 from (4.254.222.58):
In Reply to: Way OT- Wind Turbines posted by farmer boy on September 04, 2010 at 22:57:06:
Each company, I am sure, has a different contract to sign. I have signed on with 2 different companies and didn't think their contracts were that difficult to figure out. Any questions I had they gladly answered to clarify it for me. My land is in a remote area with no farm sites close by. All the neighboring land owners also have signed on so why not get in on the money also. To date, I received a $1000 for each year of the agreement plus a $1000 signing bonus. The agreement is for 3 years and after that time, they can extend it for another 2 years. At that time, they pay another extra $1000 to renew it. So for a 5 year deal, I receive $7000. Then if they decide to go ahead and put a tower on my land, they pay $5000 per year with yearly 2% increases. This depends on the size of turbine they put up. The bigger, the more they pay.
The language about the easement for road and tower was not that difficult to understand. Tower removal and returning the land to pretower condition is spelled out. Taxes on the tower is covered in it. If no tower is put on your land but a line is run across it, they pay also. This is probably why they try to get as many to sign on as possible. Makes getting a transmission line in a lot easier.
John Deere recently sold their holdings in wind towers for $860 million for the working units. 75% of the power capability was already being under contract. They also got $40 million additional for projects in the works. The towers can run around $1 million apiece, depending on the size. Payback on them is in 6-7 years I have heard. Lots of profit to be made by the companies putting them up.
From where I am working now, we see windmill blades going on the interstate all day long. Sometimes as high as 15 blades a day go by. I don't think they are just a fad at the cost and shear number of them that are in the country. Ever been to the Grand Canyon lately? The haze you see is from power plant emissions. We can't keep on building them and expect to have clear days forever either.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
