INCENTIVES
The state of Iowa offers a range of incentives to encourage the adoption of solar energy. These programs are designed to make solar installations more affordable and accessible for both residential and commercial properties across the state.
Inflation Reduction Act Federal Tax Credit:
-
As of 2024, there is currently a 30% federal tax credit that can be claimed
​
-
The U.S Department of Agriculture Rural Energy for America Program (REAP) is designed to provide guaranteed loan financing and grant funding to agricultural producers and rural small energy systems
​
-
For more information, visit Energy.Gov
Incentives For Iowans:
-
Inflation Reduction Act Federal Tax Credit (30% of gross cost at installation on batteries with at least a 3kWh capacity)
​
-
No Iowa sales tax is collected for the purchase of a solar array
​
-
During the first 5 years, a solar array in Iowa will not increase your property tax liability
​
-
Modified Accelerated Cost Recovery System
Message us Directly!
Address
1601 University Ave,
Waterloo, IA 50701
Phone
(319) 900-9090
© 2024 Midwest Solar Installers - All Rights Reserved.