Farmers Earn Revenue By Adjusting Energy Timing
Tim Hammerich
News Reporter
A newly re-branded company is offering farmers a way to earn extra revenue without selling their crops. Tyler Nuss, CEO of Yield Energy, explains how farmers can get paid by simply adjusting when they irrigate.
Nuss… “ We really were attracted to the business because of the business model. So this was, you know, you could call it an ag tech business, but it had this unique business model where you, we didn't make money, or Yield doesn't make money from the growers. Rather, you make growers more profitable by having them participate in these utility flexibility programs. So the utility pays Yield for implementing and enabling these flexibility programs, meaning the utility gets flexible capacity, they don't need to build as many power plants, and they get flexible load that we enable in agriculture.”
Nuss, whose family farms, found the company through contacts made via his podcast, The Modern Acre.
Nuss… “ We talked to hundreds of ag tech companies on the podcast and everyone's trying to figure out how do we squeeze a little money out of the farmer's, you know, limited budget. And just the idea of we actually don't have to sell the grower anything, but we're actually helping them be more profitable, just was music to our ears as farmers ourselves.”
Nuss is the CEO of Yield Energy, originally called Polaris Energy Services.
