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Iowa Solar Rebates
Iowa is the fourth largest wind power producer in the United States, but Iowa solar energy has yet to reach this status. Still, Iowa receives abundant sunshine which makes it an ideal state for clean solar installation. There are plenty of Iowa solar rebates and Iowa solar incentives that will drastically reduce home solar installation costs.
To begin, the federal government provides a 30 percent Federal Investment Tax Credit for the total cost of home solar panel installation. Iowa solar electric systems are exempt from property taxes One hundred percent of the added property value caused by solar panel installation cannot be taxed for five years. Home solar panel systems are sales tax exempt as well. These Iowa solar rebates can rather handy when it comes to lowering your Iowa solar costs.
Don’t have thousands of dollars to put up front? The Alternate Energy Revolving Loan Program (AERLP) provides funds for solar installation. Through this program, the state will offer zero-percent interest solar loans, up to 50 percent of the cost of solar installation. Solar water heat, solar space heat, solar thermal electric and solar PV are among the eligible renewable resources. In addition to Iowa solar rebates and incentives, solar financing is another way to reduce your upfront solar installation costs.
A popular Iowa solar incentive is net metering. Customers of Iowa Mid-American Energy and Alliant Energy – Interstate Power and Light (IPL) are eligible to be compensated for excess energy their home solar panels generate. Any unused electricity will be fed back into the grid and customers will be credited on their next bill. Net metering is available to anyone who generates electricity using solar energy. Net metering is subject to system limits of 500 kW. This Iowa solar rebate enables your electric meter to actually run backwards!
In addition to Iowa solar rebates and incentives, solar financing is another way to reduce your upfront solar installation costs. Plentiful sunshine and Iowa solar rebates make The Hawkeye State an ideal spot for solar power. Thousands of Iowa residents are utilizing the FREE energy from the sun and saving big on electric bills, why not join them? Solar experts at Solar Panels Online will work with you to obtain all available Iowa solar rebates and solar incentives to ensure you maximize on your solar installation savings.
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SOLAR PANELS
