Inflation is steadily killing the American dream. Businesses and farms that have been in families for generations are struggling like never before to keep the dream alive.
The USDA reports that total production expenses for farms are forecasted to increase by 3.8% in 2024. Net farm income is expected to drop $43.1 billion in 2024 from 2023, which is the largest year to year decrease in history. The amount farmers are compensated for their products is expected to decrease by 21.2 billion from 2023 to 2024. Not only are farmers struggling to keep up with cost of production, they’re also having to find ways to offset the decreasing return on product sold.
With all that is projected to happen, many farmers are being put in a tough situation. With their backs against the wall, farmers are having to make hard decisions each day – decisions which can greatly alter the future of their family business.
At Ag Solar Solutions, we offer a sustainable solution to help balance out some of the loss farmers are experiencing: renewable energy. By choosing solar energy for the farm, farmers are able to:
- Lower Utility Bills: solar reduces reliance on the grid which in turn lowers monthly bills
- Become Energy Independent: farmers are able to lock in rates and not be dependent on power company fluctuation year to year
- Build Long Term Savings: we encourage farmers to look at the big picture. There is an initial investment required, but solar systems typically pay for themselves in about 5 years and last for 25+ years.
We believe in the American dream, and we believe in the American farmer. Our mission has always been to cut costs for farmers. Now is the time to invest in solar.
