Thursday, November 5, 2026

USDA Kicks Off National Land-Grant Tour with Visit to FAMU’s Brooksville Research Station | Hanna Fox Maglio and Alyssa Danigelis

 Annual Return Breakdown by Tier with Duke Energy Florida

The baseline average annual FAMU returns are calculated by dividing the total contract amounts evenly across the 25-year lifespan of the agreement:
Lease Size TierTotal 25-Year ValueAverage Annual Return to FAMUAverage Return Per Leased Acre / Year
600 Acres$17.4 Million$696,000$1,160 / acre
700 Acres$20.3 Million$812,000$1,160 / acre
800 Acres (Full Site)$23.2 Million$928,000$1,160 / acre
Note: While the flat mathematical average is $1,160 per acre annually, the actual lease structure includes a starting base rate with a built-in 2.5% annual escalation clause, meaning FAMU's revenue will steadily increase year-over-year. [1]

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