Wind energy could turn pure profits for farmers - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Wind energy could turn pure profits for farmers

Farmers and others hoping to cash in on wind energy flocked to Amarillo today to find out how to make good on their investment. Wind energy could be pure profit for area agriculture.

Farmers seeking wind profits to soon flow their way rubbed elbows with energy companies this afternoon, while hearing experts explain what the future of wind energy might look like in the panhandle. That forecast is lucrative for farmers who tell us they could take home thousands of extra dollars a month from turbines.

One area landowner says wind generators will bring in what he calls "real money." "I'm in the cattle business and farming business and operate on borrowed money so most of the money we make goes back into buying somewhere to payoff our loans."

Smith notes the difference with wind energy money is landowners get to keep all of it.  While Smith says turbines have yet to start turning in Deaf Smith county, lease negotiations are already going on for about 32,000 acres of wind farms there.

  • Today's Local News HeadlinesToday's Local NewsMore>>

  • 'Spring Cleaning Drive' helps two area non-profits

    'Spring Cleaning Drive' helps two area non-profits

    Sunday, March 26 2017 4:54 PM EDT2017-03-26 20:54:27 GMT
    Source: KFDASource: KFDA

    Martha's Home and Amarillo Habitat for Humanity got some much-needed help this weekend, while others did a little spring cleaning.    

    Martha's Home and Amarillo Habitat for Humanity got some much-needed help this weekend, while others did a little spring cleaning.    

  • Building fire at Public Steel, no injuries reported

    Building fire at Public Steel, no injuries reported

    Sunday, March 26 2017 12:43 AM EDT2017-03-26 04:43:35 GMT
    Source: KFDASource: KFDA

    Amarillo police and the Amarillo Fire Department worked a building fire at Public Steel.

    Amarillo police and the Amarillo Fire Department worked a building fire at Public Steel.

  • Career fair brings opportunities for young job seekers

    Career fair brings opportunities for young job seekers

    Saturday, March 25 2017 9:29 PM EDT2017-03-26 01:29:17 GMT
    Hundreds of job seekers came dressed for success in hopes of joining teams of local companies in the area. Multiple employment opportunities were available from all levels of employment, including full and part-time positions in technical, health care, management, customer service and many others. According to the Bureau of Labor Statistics, the Texas unemployment rate is at 4.9 % and in Amarillo the percentage of unemployment is at 3.4 %.  Workforce solutions Panhandle said t...
    Hundreds of job seekers came dressed for success in hopes of joining teams of local companies in the area. Multiple employment opportunities were available from all levels of employment, including full and part-time positions in technical, health care, management, customer service and many others. According to the Bureau of Labor Statistics, the Texas unemployment rate is at 4.9 % and in Amarillo the percentage of unemployment is at 3.4 %.  Workforce solutions Panhandle said t...
Powered by Frankly