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Marshall County Solar Project Yields Twelve Times More Tax Revenue Than Adjacent Farm

Marshall County solar project generated over $12,000 in tax revenue in 2023, twelve times more than the adjacent farm.

Elena Voss/3 min/US

Business & Markets Editor

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Marshall County Solar Project Yields Twelve Times More Tax Revenue Than Adjacent Farm
Source: MarshallOriginal source

TL;DR: A Marshall County solar project produced more than twelve times the tax revenue of the nearby farm in 2023, illustrating how solar can boost local finances while using a tiny fraction of state farmland.

Context: Illinois boasts over 27 million acres of farmland, with roughly 19.7 million acres classified as prime agricultural land. Current solar installations occupy only 0.1% of that total, and even aggressive growth projections would keep the footprint under 0.5% of state farmland.

Key Facts: In 2023, a two‑megawatt solar facility in Marshall County delivered over $12,000 in property tax revenue. The adjacent farm contributed just over $1,000 in the same period, a twelve‑fold difference. Statewide, renewable‑energy tax revenue rose from $235 million in 2003 to more than $64 million in 2022, reflecting a growing fiscal impact.

What It Means: The Marshall County example shows that solar can generate substantial local income without displacing significant agricultural acreage. Because solar arrays are removable and often improve soil health through pollinator‑friendly understory, they offer a reversible land use that supports schools, fire districts, and social services. As Illinois pursues its 100% clean‑energy goal by 2050 under the Climate and Equitable Jobs Act, similar projects could become a steady revenue stream for rural communities.

Watch for upcoming state incentives and county‑level approvals that may expand solar on farmland, and monitor how the resulting tax inflows affect local budgets over the next decade.

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