ECONOMIC IMPACT IN OKLAHOMA
An investment in wind power and solar energy is an investment in jobs – from operations and maintenance, to construction, manufacturing and numerous support sectors. But the renewable power industry does so much more than that.
Every year the wind and solar industry infuses capital into Oklahoma by investing more than $51 million in land lease payments. Land lease payments allow farmers and ranchers to reinvest in their land and increase Oklahoma’s output in agriculture. Landowner payments are equivalent to paying 194 employees at the county average wage – making landowner payments essentially one of the top-10 companies in the area.
Thanks to the wind and solar industry, Oklahoma farmers and ranchers are not only getting payments now – they’re able save their land for generations to come.
Report: Wind Energy Industry Impacts in Oklahoma – 2015