Solar Panels Cost 5.5k-16k in Anamosa, IA | October, 2024

Solar Panels Cost $5.5k-$16k in Anamosa, IA | October, 2024

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How much do solar panels cost in Anamosa, IA in 2024?

In Anamosa, IA, the cost per watt for solar panel installations is about $3.99/W in October, 2024.

Expect to pay $3,990, on average, for every 1000 watts (or 1 kW) of solar energy your panels will need to produce. In Anamosa, you will spend around $13,965 for a 5 kW solar panel install once the 30% federal income tax credit is factored in. Be advised that a more powerful system may be necessary to fully meet your energy needs.

Use the menu on the left to pick your county and find out the average roof size and the average maximum capacity for residential solar on residences in your area. Below, you can see a summary of the price, payback period and 20 year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Anamosa: $13,965US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Anamosa: 9 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Anamosa: $11,396US Average: $15,784

Solar Potential in Anamosa

Estimated system size and solar electricity production per median viable roof in
Anamosa.

Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 10.9kkWh AC per yr.

Electricity Costs in Anamosa, IA & What that Means for Your Solar Panel Pricing

Energy consumers in Anamosa usually pay $130.61 per month for electricity, consuming an average of 736 kWh. Compact residences, such as efficiency studios and apartments, are also included in the figures mentioned in the prior sentence.

In October 2024, the electricity rate in Anamosa, IA is 17.73¢ per kWh.

To fully meet the energy requirements of an average user in Anamosa, a solar system of 6 kW or larger is required. The expense for aa 6 kW solar installation is about $23,940 upfront, but with a 30% tax credit, the price decreases to $16,758.

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Average solar panel costs by system size in Anamosa

Shown on the left, you will find a price breakdown for various solar panel system sizes set up in Anamosa. When you opt for a more extensive solar system, the cost is larger, but it also leads to higher electricity savings and a greater income tax credit.

Using the solar panel cost calculator located down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $130.61 in Anamosa. Modify the $130.61 to your average bill payment for more accurate results.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $536 a year
Est. Price
$5,586
Savings from a 2kWthis system
  • Est. yearly production 2,978 kWh
  • Est. monthly savings $45
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 1.55 tons a year
  • Equivalent to planting 71 trees a year
  • Equivalent to driving 3,835 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $804 a year
Est. Price
$8,379
Savings from a 3kWthis system
  • Est. yearly production 4,467 kWh
  • Est. monthly savings $67
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.32 tons a year
  • Equivalent to planting 107 trees a year
  • Equivalent to driving 5,753 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,072 a year
Est. Price
$11,172
Savings from a 4kWthis system
  • Est. yearly production 5,955 kWh
  • Est. monthly savings $89
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.1 tons a year
  • Equivalent to planting 142 trees a year
  • Equivalent to driving 7,671 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,340 a year
Est. Price
$13,965
Savings from a 5kWthis system
  • Est. yearly production 7,444 kWh
  • Est. monthly savings $112
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.87 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,589 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,608 a year
Est. Price
$16,758
Savings from a 6kWthis system
  • Est. yearly production 8,933 kWh
  • Est. monthly savings $131
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 4.54 tons a year
  • Equivalent to planting 209 trees a year
  • Equivalent to driving 11,249 mi less a year

Anamosa Solar Panel Installation Incentives & Rebates | 2024

Between 80% and 100% of your solar or wind turbine installation costs may be covered by the REAP Grant if you own a rural small business or farm. Think you fit this category? Check your qualification with our REAP Grant eligibility tool.

Homeowners can benefit from a 30% federal income tax credit for adding residential solar panels, making solar power a feasible option across much of the country. Additionally, a number of state and local programs are available to promote solar adoption.

Residents of Iowa can access 5 solar rebate and incentive programs from a range of utilities and governmental organizations.

Solar Energy Systems Tax Credit (Personal)

Value:Up to $5,000

Iowa residents who purchase and use solar energy devices may be entitled to an individual tax credit in place of the Iowa Production Tax Credit. The total credit a taxpayer may claim equals 50% of the equivalent federal credit up to $5,000. The Department of Revenue will carry over excess credits for a maximum of ten years. Applicants should submit paperwork for this credit only after the system is installed and operational. Credits are offered on a first-come, first-served basis. Additional information is available from the Iowa Department of Revenue website.

Solar Energy Systems Tax Credit (Corporate)

Value:Up to $20,000

Iowa businesses that purchase and use solar energy devices may be entitled to a corporate tax credit in place of the Iowa Production Tax Credit. The total credit a commercial entity may claim equals 50% of the equivalent federal credit up to $20,000. The Department of Revenue will carry over excess credits for a maximum of ten years. Applicants should submit paperwork for this credit only after the system is installed and operational. Credits are offered on a first-come, first-served basis. Additional information is available from the Iowa Department of Revenue website.

Mandatory Utility Green Power Option

Value:Varies

By Iowa law, all electric utilities operating within the state must offer green or renewable energy options when customers request a line extension or first connect to the electrical grid. The Iowa Utilities Board (IUB) keeps track of each utility's options and distributed energy tariff programs. Additional information is available from the IUB website.

IADG Energy Bank Revolving Loan Program

Value:Varies

The Iowa Area Development Group, together with the Iowa Economic Development Authority, manages a revolving loan fund for businesses within the state to install renewable energy systems or make energy efficiency improvements. Loans are available at no interest and will be serviced by IADG or one of the fund's lending partners. Projects funded by these loans should be geared toward cost-efficacy and productivity for the business and job creation for the state. Additional information is available from the IADG website.

Renewable Energy Equipment Exemption

Value:Varies

Solar PV, hydro, and wind energy devices in Iowa are exempt from state sales tax. All solar and hydro system equipment qualifies by default; for wind systems, system, manufacturing, and installation costs are all exempt. Additional information is available from the Iowa Department of Revenue website.

Are solar panels worth it in Iowa?

If your plan is to stay in your home past the time it takes to pay off your solar system, opting for solar panels is a good move in Anamosa. Over a 20 year period, a 5 kW solar system in Anamosa, IA could save you around $17,381.4, with the average break even time being 9 years.

The cost of not having solar panels in Anamosa, IA

Apart from missing out on the savings highlighted earlier, not having solar panels or an alternative backup energy source leaves you fully reliant on your electric utility for electricity. The media has demonstrated several cases where complete reliance on your utility isn't always the best scenario.

Recently, the average number of utility outages per customer annually in Anamosa has been about 0.96. On average, an outage lasts 65.58 minutes. When major events such as heavy rain and flooding, aging infrastructure, or wildlife damage occur, these durations can increase significantly

Regardless of whether a backup battery is included or not, a solar panel system could reduce the strain of possible future outages.

Power Outages

Currently, 0 customers are being tracked in Jones County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Anamosa, IA?

Your Energy Needs - The cost per watt is reduced with larger solar panel systems, even though the initial cost is higher. A lot of people find it advantageous to set up a solar energy system that can fully cover their entire electric bill. This results in optimal savings.

Make & Model - Similar to many products, solar panels come in a variety of makes and models. The potential system preferences of your contractor mean that it is it's even more vital to select a recommended company. The employment of superior materials is likely to result in a more favorable long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have secured their spot as the industry standard, and for valid reasons. Even with a higher cost, this technology yield more energy. Most installers opt for panels constructed using this material.

Your Property - Each property and home has its own unique features. Irregular terrain, trees, or additional hindrances may add to the difficulty of the installation. These days, satellite images enable many solar installers to assess your home and include these elements into the preliminary cost estimate.

Labor Rates - The varying wages that companies offer their employees lead to costs that are ultimately borne by consumers. Businesses paying more to their employees typically receive higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Quality local installers will integrate these numbers into your preliminary quotes to avoid any surprises.

See what solar panels cost in other IA cities

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Who are the best solar installers in Anamosa?

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Auditing of energy requirements for independent energy generation.
  • Solar systems for selling electricity back to the grid.

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Harvest Solar

Jackson, MI(888) 907-6527

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

GRNE Solar

Palatine, IL(312) 859-3417

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

Anamosa, IA Solar Panel Cost FAQs

  • The average solar panel cost in Anamosa, IA as of October, 2024 is estimated at $3.99/W. In Anamosa, IA, installing a 5 kW solar panel system will set you back approximately $13,965 after federal tax incentives.

  • In Iowa, you have access to 5 rebates and incentives provided by numerous utilities and government organizations. In addition, the 30% federal income tax credit is available to almost everyone.

  • Although paying in cash offers the most savings, numerous financing options for solar panels now exist that are cost-effective. Many installers have financing partners and will provide this information in your initial quotes.

  • Yes, homeowners in Anamosa, IA generally see a payback time of 9 years for 5 kW solar panel systems, with electricity savings averaging $17,381.4 over a 20-year period.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01