The Pace Energy and Climate Center conducted a study in upstate New York showing how solar farming can have significant positive socio-economic benefits for local farming communities. The report estimates that a 350 MW solar farm generates between $177 million to $229 million in revenues. Other benefits for the local community include stabilizing family farms that provide the land, benefits to local businesses from additional household spending, municipal revenues, and job opportunities throughout the region.

Read the report: https://peccpubs.pace.edu/viewresource/8a9093d18f72d63/Strengthening+Small+Farms+and+Their+Communities+Through+Solar+Farming+-+Ridge+View+350+MW+Solar+PV+Project+Social+and+Economic+Assessment?fbclid=IwZXh0bgNhZW0CMTAAAR0HQtutWUrH09-aD6dBwrTVWEy3eS2Zu7kUEwlG7db7gmVVKb0zs_QpmA8_aem_m7_I-9J9NTRteAu_jwfhEA