Cost of Solar Panels In Iowa
Updated October 3, 2024 | 10 min read
With abundant sunshine and forward-thinking incentives, Iowa is making waves in the US solar scene! Over 90,000 homes and businesses in the Hawkeye State harness the sun's power.
Want to know cost of solar panel in Iowa? Check our detailed breakdown below or click here for a tailored solar estimate for your residence!
Get started with your free Solar Savings quote!
How Much Do Solar Panels Cost In Iowa?
The most recent solar industry data shows that the cost of solar panels in Iowa is between $10,000 - $16,000, depending on the size of your home and energy needs. Given the average home size in Iowa is around 1,800 sq ft., the average cost of solar panels in Iowa is around $11,918 before utilizing any Iowa solar incentives.
Here is the complete cost breakdown of solar panel systems in Iowa, by home size.
Home Size (sq ft) |
System Size |
Average Costs |
|---|---|---|
| 1,500 - 1,750 | 3 kW | $9,671 |
| 1,750 - 2,000 | 4 kW | $11,918 |
| 2,000 - 2,300 | 5 kW | $13,409 |
| 2,300 - 2,500 | 6 kW | $15,877 |
| 2,500 - 2,800 | 7 kW | $18,460 |
| 2,800 - 3,000 | 8 kW | $21,511 |
** It's important to note that these costs DO NOT include the thousands you can save by utilizing Iowa Solar Incentives. See which solar financial incentives you qualify for by entering your zip code below!
Enter your zip code to see which Iowa Solar Incentives your qualify for!
Do I Qualify?
Please enter a zip code
Factors That Influence The Costs of Solar in Iowa
For homeowners in Iowa, embracing solar energy offers both ecological and economic benefits. The total expense for installing solar panels in Iowa is shaped by several pivotal variables. These encompass your residence's energy needs, your choice of solar panel brand and model, and any additional enhancements like solar batteries or extra panels.
While the initial outlay can differ, homeowners in Iowa can anticipate substantial financial rewards. Many Iowans who've adopted solar have experienced a 40% - 60% reduction in their monthly electric charges. And the icing on the cake? A large number of these solar setups recoup their costs in under a decade!
Installation & Labor Costs
Transitioning to solar in Iowa isn't just about securing the panels. Costs related to expert installation, acquiring essential permits, and mandatory safety and efficiency inspections should be factored in. Collectively, these elements often comprise 10% to 20% of the overall solar budget.
But there's an upside for Iowa inhabitants: numerous strategies exist to reduce these preliminary costs. Delve into our comprehensive guide to discover how to get solar panels installed for free in Iowa!
Equipment Costs
Turning to the hardware costs in Iowa: approximately 60-70% of your solar budget will be allocated to primary components. This encompasses the solar panels, inverters, and the mounting infrastructure. These crucial elements guarantee consistent, eco-friendly energy for the foreseeable future.
Solar Taxes
When pivoting to solar in Iowa, one must account for any relevant sales tax on solar equipment and potential property tax implications due to a boost in home valuation.
However, there's encouraging news for Iowa's homeowners. The state extends tax breaks for those investing in green energy solutions, providing a notable financial cushion. For a deeper understanding of Iowa's solar tax advantages, input your zip code below!
Enter your zip code to see which Iowa Solar Incentives your home qualifies for!
Do I Qualify?
Please enter a zip code
How to Reduce The Costs of Solar Panels in Iowa
Exciting news for Iowa homeowners – Iowa is teeming with financial perks for those keen to adopt solar power! With its commitment to championing renewable sources, Iowa has curated a range of financial aids for its denizens.
Curious about which solar incentives are at your disposal? Reach out to the solar experts at EcoGen America. They're primed to elucidate the myriad of solar rebates, assist with application processes, and provide a tailor-made solar panel system quote for your dwelling.
ROI on Solar | Solar Payback Period
Speculating how long it'll take for your solar panels to recoup their expense in Iowa? Prepare to be astounded! Given Iowa's energy tariffs and the abundant solar inducements, a multitude of homeowners discern that their solar assembly becomes self-funding within a span of 7-9 years. After this phase, every dollar you save with solar essentially translates to sheer profit. Such stellar ROI accentuates the soaring number of Iowa homeowners opting for solar.
Solar Financing Alternatives
Should the preliminary expenses of solar panels raise concerns, take heart! Iowa presents sundry solar financing routes, encompassing power purchase agreements (PPAs) and an array of solar loans. These mechanisms make the transition to solar more economically feasible. Opting for a PPA or a solar loan means you can start reaping the benefits of solar with negligible or even no initial outlay.
Eager to set foot on your solar trajectory with minimal upfront expenses? Delve into our detailed compendium titled "How to Get Free Solar Panels in Iowa."
Iowa Solar Incentives
Iowa stands distinguished with its plethora of solar incentives tailored for its homeowners. Within the state, you might relish tax advantages upon choosing solar, while concurrently evading supplementary taxes on potential home value augmentation due to your solar setup. What's more, Iowa boasts region-specific initiatives that confer rewards based on your solar rig's efficiency. Collectively, these boons render the choice of solar in Iowa both wise and lucrative.
Transitioning to solar in Iowa is potentially more economical than you might reckon. Coupled with the state's liberal solar perks and diverse financing avenues, you're all set to ride the green energy tide, harnessing the sun's boundless might, and clocking in remarkable savings!
Enter your zip code below to see which Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in Iowa?
Absolutely! For homeowners in Iowa, solar panels are a savvy decision. These eco-friendly systems don't just promise potential reductions in your monthly electricity bills; they also champion a sustainable, renewable energy future for the Hawkeye State. Bolstered by Iowa's progressive stance, which features enticing incentives and tax breaks, a plethora of Iowans find that their solar ventures recoup their costs within 7-9 years. Beyond this break-even point, your solar apparatus remains operational, promising returns for another two to three decades, or even more.
Read Also: Is Solar Worth it in Iowa?
Yearning for a deeper understanding? It's seamless! In a blink, you can obtain a complimentary solar panel quotation, meticulously crafted for your Iowa residence. This projection will elucidate the solar advantages bespoke to your home, spotlight specific state perks you might qualify for, and forecast the potential financial windfalls awaiting you. What's the cherry on top? All this knowledge demands no binding commitment from you. Grasp why an escalating count of Iowa homeowners are endorsing solar prowess!
Make the switch to solar and start saving in Iowa!
Contact our team of local energy consultants and see how much you can save with solar!
- You may be eligible for FREE Installation
- All quotes are 100% free with no obligation.
Why Trust EcoGen?
At EcoGen America, we take pride in the credibility of our information and ensure its accuracy by cross-referencing our data with esteemed institutions such as the U.S. Department of Energy (DOE), the Solar Energy Industries Association (SEIA), and the National Renewable Energy Laboratory (NREL). Our rigorous validation process underscores our commitment to delivering trustworthy and up-to-date solar content with editorial integrity. Our partners do not direct our editorial content. Learn more
Want to see how much you could save with solar in Iowa?
Use our Free Solar Savings Calculator to see your potential savings by switching to solar.