Agriculture is an industry that is and will continue to move towards sustainability. It makes sense from both an environmental and financial standpoint. With energy expenses being one of the most significant costs to a farm, generating your own renewable energy with PV solar panels, which will allow you to reduce your outgoings makes sense.
There are numerous tax incentives for Solar PV in agriculture such as the Targeted Agricultural Modernisation Scheme (TAMS) grant and the Accelerated Capital Allowance (ACA) SEAI grant.
The payback period for Solar PV is relatively low, with some installations paying for themselves in as little as 4-5 years. Obviously each system is designed specifically for your farm and will vary in performance due to a number of factors, such as size, location and access.
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