In Iowa, almost two-thirds of the electricity generated comes from renewable resources, with very little from solar. However, solar panels can provide homeowners with independence from rising electricity prices and the ability to keep appliances running during power outages. Although solar panels are expensive, an expanded federal tax credit and state policies in Iowa make them more affordable. Several national and local solar installation companies operate in Iowa, offering options for consumers to consider before going solar.
National solar panel companies in Iowa, such as SunPower and Tesla, are known for their top-of-the-line solar panels and affordability, respectively. Local companies like Eagle Point Solar and Energy Consultants Group offer full-service installation with warranties. When choosing the best solar company in Iowa, consumers should gather quotes from multiple companies, considering the price, reputation, and warranties offered. The cost of solar panels in Iowa can vary, with average prices ranging from $3.67 to $4.01 per watt, before tax credits and incentives.
Residents in Iowa can take advantage of solar incentives and rebates, such as net metering, property tax exemptions, and sales tax exemptions. The federal clean energy tax credit allows homeowners to deduct 30% of the cost of a solar system from their federal income tax between 2022 and 2032. Different solar financing options are available in Iowa, including cash payments, solar loans, leases, and power purchase agreements. Factors to consider before installing solar panels include insurance coverage, shading, homeownership status, and roof condition.
Solar power benefits the environment by reducing greenhouse gas emissions and improving air quality. Solar panels can also increase a home’s value and last up to 30 years with proper maintenance. Consumers have a variety of solar panel options to choose from, including traditional panels and solar shingles. Overall, going solar in Iowa offers numerous benefits for homeowners looking to save on energy costs and reduce their environmental impact.
