Estimated Savings for a Typical Iowa Home
Based on a $150/month electric bill
System Size
9.5 kW
Gross Cost
$28,355
Federal Credit
-$8,507
State Incentive
-$5,000
Net Cost
$14,849
Annual Savings
$1,460
Payback Period
10.2 yrs
25-Year Savings
$35,022
CO₂ Offset/yr
11,680 lbs
Iowa Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$5,000
Iowa State Incentive
Iowa offers a 15% state tax credit up to $5,000.
Net Metering Policy: Full Retail
Top utility in Iowa: MidAmerican Energy. View full incentives detail →
Solar Costs by City in Iowa
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Des Moines | $1,460 | 11.3 | 214,237 | MidAmerican Energy |
| Cedar Rapids | $1,460 | 11.4 | 132,228 | Alliant Energy |
| Davenport | $1,460 | 12.7 | 101,590 | MidAmerican Energy |
| Sioux City | $1,460 | 12.2 | 82,684 | MidAmerican Energy |
| Iowa City | $1,460 | 9.6 | 74,089 | MidAmerican Energy |
| Ankeny | $1,460 | 10.9 | 67,355 | MidAmerican Energy |
| Waterloo | $1,460 | 9.3 | 67,314 | Alliant Energy |
| Ames | $1,460 | 10.2 | 66,258 | MidAmerican Energy |
| Council Bluffs | $1,460 | 8.1 | 62,698 | MidAmerican Energy |
| Dubuque | $1,460 | 10 | 59,667 | Alliant Energy |
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Quick Facts: Iowa
- ⚡ Avg rate: $0.115/kWh
- 🌞 Peak sun: 4.6 hrs/day
- 🏭 Top utility: MidAmerican Energy
- 📋 Net metering: Full Retail