passive income from wind turbines

Over the past year, I’ve become a lot more interested in finding legitimate ways to create sources of income from vacant land that are truly passive.

Now, to the average real estate investor, the words “passive income” and “vacant land” do NOT go together, but if you know where to look and how to find these kinds of properties, there are actually a lot of opportunities out there.

RELATED: 7 Ways to Make $1,000 Per Month from Land

One such opportunity is to invest in land that is leased out to the owner of a wind farm development.

Essentially, the landowner can earn revenue from the lease (which typically lasts for 35 years or longer) and collect a small percentage of the royalties from the energy that is generated and sent into the power grid.

Depending on the size of the wind farm project, it’s not uncommon for these leases and royalties to produce anywhere from $20,000 – $50,000 for the landowner. And the landowner doesn’t have to do anything. They simply own the dirt and collect the money each year.

Sounds pretty simple, right?

Well… there’s A LOT more to the story. In this episode – I talk with Tao Kong (COO of Alcen Renewable) and we uncover a lot of the details behind how wind energy leases work, what kinds of properties make the most sense for this type of development, what markets make the most sense to start looking in (and which ones to avoid), and a lot more.

This was one of the most interesting conversations I’ve had in a long time, and if you have any interest in passive income, land investing or renewable energy, I think you’ll enjoy it too.

Links and Resources

Thanks for Listening!

Share your thoughts:

  • Leave a note in the comments section below.
  • Share this episode on Twitter, Facebook or LinkedIn (social sharing buttons below!)

Help out the show:

Thanks again for joining me this week. Until next time!

Right-click here and “Save As” to download this episode to your computer.

Need Help In Your Land Business?

When you're getting started in a new business venture like buying and selling vacant land, there are a lot of things to learn about how to find deals, research properties and get them sold quickly for a profit.

A mentoring relationship isn't always necessary for everyone to get started. Some people have everything it takes to figure it out on their own. It's not a question of whether they'll succeed… it’s just a matter of how long it will take to get there.

This is where a good coach and mentor can be a game-changer because they can shave a significant amount of time off your learning curve, which can have an invaluable impact on your business and life - getting you to your financial goals much faster.

If you want to jump start your business and significantly shorten your learning curve, we can help with that!

For a limited time, we are accepting new coaching clients in our land education program. Submit your application here if you're interested!

Submit Your Application!

About the author

Seth Williams is a land investor and residential income property owner, with hundreds of closed transactions and nearly a decade of experience in the commercial real estate banking industry. He is also the Founder of REtipster.com - a real estate investing blog that offers real world guidance for part-time real estate investors.

Did you find this article to be helpful?

Our goal is always to provide our readers with the most up-to-date and relevant content so that we can continue to empower others! Please share your feedback.

Join the conversation

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  1. Linda says:

    Hi Seth:

    thanks for this information. While researching land for a tiny home, I became interested in purchasing land for renewable energy, however, have run into nothing but dead ends. Contacted a few companies but got no response from any of them. From what I can learn, the companies reach out to you if interested in your land, but my question is if you are a landowner how do you get on their radar? Can you provide other resources for persons interested in purchasing land for renewable energy?

    1. That’s a great question Linda. I bet if you contacted Alcen Renewable, they might have some insights worth considering.

      My takeaway from this conversation was basically the same thing you found… making a wind energy farm work (at this point, anyway) is FAR easier said than done. There are a lot of variables that need to line up perfectly, and someone has to invest a ton of money in order to make everything come to fruition (doesn’t mean you need to be the one dumping the money into the project, but someone with the means needs to be convinced it’s a worthwhile investment).

      1. Larry Ewart says:

        Seth, just listened to your podcast concerning wind energy as a source of passive income. I own land in two counties in SW KS. One of my parcels is located in Gray county KS where there is a large amount of turbines. I did receive a lease payment during a project about 12 years ago that lasted for around 3 years but than the developer elected to not continue because my parcel was not selected for a turbine location. There are approximately 100 turbines in the northern part of Gray county which yield a payment of around $15k per year per turbine. I agree with your guest it is not practical to invest in property thinking you will get a turbine. In my case, my land is generating income through the CRP program of USDA. However, by listening to your podcast it struck my interest that I should reach out to the local owner of the project to see if they would be intertested in expansion or adding additional turbines since they have been operating for about 8 years now. Well done and thanks to you for your interview. Very informative.

        1. Thanks so much for sharing your experience Larry! It’s great to hear from someone who has been down this road to some extent, even if it didn’t ultimately result in getting a wind turnbine. Thanks again for the comment!

  2. Maggie Knox says:

    My 92 year old mother signed a lease agreement with Alcen Renewables a few years ago on a parcel of land in the Antelope Valley of California. Roughly three years later her taxes have doubled (Alcen was to pay the taxes but they didn’t and because my Mom was not aware the taxes weren’t paid she is also on the hook for oebamties) She hasn’t received a penny in lease payments that were agreed to. Alcen dies not answer their phone, their office space as listed on their website doesn’t apoear to exist. It is line dealing with a ghost.

    1. Yikes. I’m sorry to hear about that Maggie, and thanks for posting the comment here. Have you considered hiring an attorney to get to the bottom of these issues (what the lease actually said and what was agreed to)? If there was some legitimate failure to deliver on Alcen’s part, I’m sure something can be done about it.

Bonus: Get a FREE copy of the INVESTOR HACKS e-book when you subscribe!

Success requires decision
and action

The market moves fast. Stay ahead with the latest tips in low-risk, high-return real estate investing for your business.

Scroll Up

Welcome to REtipster.com

We noticed you are using an Ad Blocker


We get it, too much advertising can be annoying.

Our few advertisers help us continue bringing lots of great content to you for FREE.

Please add REtipster.com to your Ad Blocker white list, to receive full access to website functionality.

Thank you for supporting. We promise you will find ample value from our website.