Iowa Photovoltaic Solar System Prices and ROI

Wind is not the only renewable energy source that should be implemented in Iowa. Photovoltaic solar systems are also appropriate for homeowners in Iowa. First of all, Iowa receives more sun hours per day than Germany, the largest user of photovoltaic solar systems. Second, Iowa offers fantastic solar rebates. Iowa offers a Renewable Energy Production Tax Credit that applies to homeowners and photovoltaics at $0.01/kWh. 

Iowa also offers a Property Tax Exemption for Renewable Energy Systems that applies to photovoltaics.  In Iowa, the market value added to a property by a solar energy system is exempt from the state's property tax for five full assessment years.

Iowa provides for a Solar Energy Equipment Sales Tax Exemption that makes a photovoltaic purchase 100% exempt from Iowa sales tax. Farmers Electric Cooperative has Renewable Energy Rebates for residential photovoltaic solar systems that offers $1,000 for each kW purchased up to 5 kW. <read more about Iowa photovoltaic rebates>

Posted via web from richhesslersolar's posterous