Near-north Ontario, French River | Here in Ontario, they are paying $600/ac for any lands that are used installation themselves, ie access roads, tower itself and/or any minor buildings , paid yearly for 20 years, plus $10/ac paid on the entire area of the farm the tower is situated on, plus 2% of revenues generated by the tower. There is also a prorated ( over I believe 5 years-- payment delines 20%/yr)payment of $600/ac for any lands that are altered during construction, like temporary access roads, or land used for staging components during construction etc. Estimates are between 10-$14k/tower/year on an average sized farm ( 75-100ac parcels) . Biggest variable is the turbine revenue itself, while the rates are guaranteed by a contract with Ontario Hydro, the big question is as always, how much will the wind blow, but at the very least the payments for the land being used for roads etc is more then adequate. |
wind farms
