Cost & Savings Breakdown
Based on $150/month electric bill in Cedar Rapids
System Size
10.3 kW
Annual Production
13,519 kWh
Gross System Cost
$30,864
Federal Tax Credit (30%)
-$9,259
State Incentive
-$5,000
Net Cost
$16,605
Monthly Savings
$122
CO₂ Offset/yr
12,437 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityAlliant Energy
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.108/kWh
Peak Sun Hours4.5 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$5,000
Iowa State Incentive — Iowa offers a 15% state tax credit up to $5,000.
Common Questions
How much does solar cost in Cedar Rapids?
Solar in Cedar Rapids, Iowa costs approximately $30,864 for a 10.3 kW system. After the 30% federal tax credit, your net cost is about $16,605.
What is the solar payback period in Cedar Rapids?
The estimated payback period for solar in Cedar Rapids is 11.4 years, based on a $150/month electric bill and local sun hours of 4.5 hrs/day.
Does Alliant Energy offer net metering?
Alliant Energy offers Full Retail net metering. Full retail rate.