IOWA BUSINESS

SOLAR PROGRAM

Iowa Is Getting Paid To Go Solar

Iowa allows customers of MidAmerican Energy and Interstate Power and Light (IPL) to utilize net metering if their solar energy system is under 500 kW. This still allows commercial buildings and businesses to redeem credits for the solar energy as the average residential solar power system is under 15 kW. When your solar production is putting out more than your building is using, the power is then sent back to the grid. When your system is under producing during night hours or when there is a lot of energy being consumed the credits earned can then be redeemed keeping the utilities cost low. If there is no need for additional solar energy, the credits earned will then go towards your final monthly bill.

How the Iowa Solar Incentive Works

Iowa supports solar easement and rights laws that help reduce anxiety about the longevity of the solar project. These laws help ensure that your solar energy installation isn’t covered by shade.

Iowa does have a clear residential solar tax credit giving residents a 15% credit up to $5,000. Businesses and commercial customers can benefit from the Federal Investment Tax Credit (ITC) which is a 26% tax credit on your taxes.

Renewable energy tax exemption is another way to save when installing a new solar energy system. While the value of your property will go up when installing the solar energy system, you will not see your property taxes go up for the first five years after installation.

Iowa, Go Solar with Sunvest

Renewable energy tax exemption is another way to save when installing a new solar energy system. While the value of your property will go up when installing the solar energy system, you will not see your property taxes go up for the first five years after installation.

Iowa has generously offered a tax exemption on any solar electrical generating equipment, saving 6% on the overall purchase. Some of these incentives required applications and grant writing. Team up with a professional developer to get your commercial projects done at a fraction of the cost after credits and grants! SunVest Solar is one of the leading solar development companies calling the MidWest our home, while still helping customers across the United States.

Sunvest designed and installed the City’s largest solar parking canopy that brought a historic building into the modern age in one bold, visible statement. The idea for this solar installation instantly became part of our long-range energy plans for the Clark Building.


Josh Jeffers

President, Jeffers & Co.
Milwaukee, WI

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