Solar Panels Iowa
If you re thinking about going solar iowa has several financial incentives for installing a solar photovoltaic system.
Solar panels iowa. The biggest advantage of installing solar panelsin iowa is the state based tax credit. Qualifying installations must meet the criteria for the federal residential energy efficient property credit related to solar energy provided in sections 25d a 1 and 25d a 2 of the internal revenue code. It helps provide some cash back in the first year and payback timeframe and return on investment are a little better than average. Pair that with the 26 federal tax credit and you ve got a compelling investment case for home solar here.
Solar incentives rebates and tax credits available in iowa in 2020 the most significant incentive to install solar panels for homes and businesses is the federal solar tax credit. We work directly with homeowners landlords banks realtors and all other energy customers. Below you can compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing iowa today and learn how to select the best one. From cedar rapids to sioux city going solar is a great option thanks to the state and federal incentives available.
Ideal energy is founded on the core belief that we can change the way our world is powered. Iowa also receives a lot of sunshine meaning a system here will produce more electricity than a system in other parts of the us. How much do solar panels cost in iowa in 2020. There are currently 25 solar energy companies operating in iowa.
As of october 2020 the average solar panel cost in iowa is 3 41 w. Contact iowa solarto get a quote for solar panels on your home. Given a solar panel system size of 5 kilowatts kw an average solar installation in iowa ranges in cost from 14 492 to 19 608 with the average gross price for solar in iowa coming in at 17 050. Iowa is rich in solar power potential receiving up to 5 peak sun hours per day at many locations especially to the southwest.
The application for the iowa credit cannot be made for individuals until the installation of the solar energy system is complete. The iowa solar tax credit continues to help homeowners here install solar on their homes for 2020 and beyond. We can provide solar power that meets whatever your needs are. This tax credit can be used in conjunction with the federal tax credit providing major savings on system costs.