If one were to go into the power generation business as a replacement for 60K a year of income, then I would presume that they would use raw logs and not need to chop or process any wood. By using the raw logs their fuel costs are probably 25% of the chopped wood and they would need to burn only 1/2 "cord" worth per work day, or 4, 12 foot long logs with a 1 foot diameter per day.
Then factor in that you do not have to pay payroll taxes on this income....
The only problem is it would probably cost $60K just to build a system this big.
Then factor in that you do not have to pay payroll taxes on this income....
The only problem is it would probably cost $60K just to build a system this big.
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