Iowa Solar Tax Credits Make Solar Panel Installation More Affordable

Solar Tax Credits Iowa

The first question that most homeowners and business owners in Iowa have when considering solar panel installation is “how much is this going to cost?” The answer is simply, “it depends.” The primary factors determining the cost of this investment are the size and quality of the solar panel system being installed. However, many Iowa residents are surprised to learn that solar panels can be much more affordable than they initially seem. For example, residents of Iowa are eligible for solar tax credits that can significantly defray the cost.

Understanding Iowa Solar Tax Credits

First and foremost, it is important to understand that solar tax credits in Iowa are not fixed. These rebates change frequently, and typically the amounts have decreased over time. However, according to solar-estimate.org, as of early 2020, Iowa residents are eligible for a tax credit equal to 50% of the federal tax credit up to a maximum of $5,000. This means if you received a $2,000 federal tax credit, you’d receive an additional $1,000 Iowa solar tax credit. Together, this can amount to significant savings on the upfront cost of your solar panel installation.

How Energy Consultants Group Maximizes Your Return on Investment

As Iowa’s premier solar provider, Energy Consultants Group can help you navigate the sometimes-complicated world of federal and state solar tax credits. However, what truly sets us apart from other solar panel companies in the area is our ability to provide residential and commercial clients with an industry-leading value.

For example, Energy Consultants Group offers Tier-1 solar panels from the industry’s best manufacturers, including LG and Panasonic, that offer superior energy production and are backed by an exceptional 25-year, all-inclusive warranty. We also offer in-depth certified site assessments, enabling us to provide an energy output guarantee, so you can see how much money you’ll save each month. And, we offer flexible solar financing options, including a program that requires no money down and no interest for 24 months, making your solar project as affordable as possible.

For more information about the solar tax credit available in Iowa and how Energy Consultants Group provides industry-leading value for solar panel installation, contact us today.