Solar Panels Cost 8.5k-19k in Bettendorf, IA | October, 2024

Solar Panels Cost $8.5k-$19k in Bettendorf, IA | October, 2024

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

It is approximately $4.06/W in October, 2024 in Bettendorf, IA to go solar.

This means that, for every 1000 watts (or 1 Kw) your system can generate you will spend $4,060 to get your system installed in . In Bettendorf, after receiving the 30% federal income tax credit, a 5 kW solar system will cost you $14,210. Please note that a more powerful system may be essential to meet your energy demands.

On the left, you can select your county to find out the average roof size and the maximum capacity for solar panels on houses in your area. The following outline, below, highlights 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.
Bettendorf: $14,210US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Bettendorf: 13 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bettendorf: $870US Average: $15,784

Solar Potential in Bettendorf

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

Roof size 644sq. ft.
Capacity 9kW DC
Electricity 10.4kkWh AC per yr.

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

The average monthly electric bill for Bettendorf residents is $88.21, with an average usage of 795 kWh. Consider that this statistic includes smaller residences including apartments, known for less energy use.

For October 2024, Bettendorf, IA's average electricity rate is 11.09¢ per kWh.

Average electricity users in Bettendorf may require a solar power system of 7 kW or more to meet their full electricity consumption needs. At this time, a 7 kW solar installation will initially set you back around $28,420, but the federal tax credit reduces the price by 30%, making it $19,894.

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Average solar panel costs by system size in Bettendorf

On the left side, you'll see a detailed price breakdown of the various sizes of solar panel systems set up in Bettendorf. The investment for a larger solar panel setup is higher, but it also yields higher electricity savings and higher income tax credits.

The solar panel cost and benefit breakdown, visible in the calculator down and to the right, is based on an average electric bill of $88.21 in Bettendorf. Simply replace the $88.21 with your usual electricity bill amount to see more specific results.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $491 a year
Est. Price
$8,526
Savings from a 3kWthis system
  • Est. yearly production 4,467 kWh
  • Est. monthly savings $41
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 2.11 tons a year
  • Equivalent to planting 97 trees a year
  • Equivalent to driving 5,234 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $655 a year
Est. Price
$11,368
Savings from a 4kWthis system
  • Est. yearly production 5,955 kWh
  • Est. monthly savings $55
  • Full payback in 11 years
Environmental Impacts
  • Reduces CO2 emissions by 2.82 tons a year
  • Equivalent to planting 129 trees a year
  • Equivalent to driving 6,978 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $819 a year
Est. Price
$14,210
Savings from a 5kWthis system
  • Est. yearly production 7,444 kWh
  • Est. monthly savings $68
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 3.52 tons a year
  • Equivalent to planting 162 trees a year
  • Equivalent to driving 8,723 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $983 a year
Est. Price
$17,052
Savings from a 6kWthis system
  • Est. yearly production 8,933 kWh
  • Est. monthly savings $82
  • Full payback in 16 years
Environmental Impacts
  • Reduces CO2 emissions by 4.23 tons a year
  • Equivalent to planting 194 trees a year
  • Equivalent to driving 10,467 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,146 a year
Est. Price
$19,894
Savings from a 7kWthis system
  • Est. yearly production 10,422 kWh
  • Est. monthly savings $88
  • Full payback in 19 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

Bettendorf Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their photovoltaic or wind turbine installation expenses covered by the REAP Grant. Unsure if you qualify? Use our REAP Grant eligibility tool to confirm.

Homeowners can benefit from a 30% federal income tax credit for setting up residential solar panels, which makes solar power a sensible option in much of the country. A multitude of state and local programs are offered to encourage the use of solar energy.

There are 5 solar rebate and incentive initiatives currently offered in Iowa by multiple utilities and government bodies.

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 you intend to own your residence longer than the solar system's payback period, solar panels are a wise investment in Bettendorf. With a 5 kW solar system in Bettendorf, IA, the average savings over a 20 period is $6,960.4, with break even usually occurring at 13 years.

The cost of not having solar panels in Bettendorf, IA

In addition to missing out on the previously mentioned savings, not installing solar panels or a different backup energy source results in complete dependence on your electric utility for electricity. As demonstrated by recent news, full reliance on your utility is not always the best option.

Yearly, customers in Bettendorf face approximately 0.93 outages each year. On average, each outage lasts for 95.6 minutes. Major events like vandalism, aging infrastructure or wildfires can considerably extend these durations.

A solar panel system could alleviate the burden of future outages, even if it is without a backup battery.

Power Outages

Currently, 0 customers are being tracked in Scott County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Individuals often find that installing a solar system that can replace their electric bill is highly beneficial. This approach ensures increased savings.

Make & Model - Just like other products, solar panels come in a wide variety of makes and models. Since the contractor might have particular system preferences, it's essential to select a reputable company. For consumers desiring a more favorable long-term experience, investing in higher quality equipment is important.

Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. They have a higher price, but they generate more energy. Many solar panel installers opt for this type of material.

Your Property - Each property and home has its own characteristics. Factors like trees, sloping terrain, or additional hindrances can make the installation more challenging. Most solar installers today utilize satellite imagery to assess your home and integrate these considerations into the initial cost estimate.

Labor Rates - The wages that various companies offer their employees are different, and these costs are passed on to the consumers. It is common for companies that offer higher wages to garner better reviews for their work and customer service.

Permitting & Interconnection - The cost of installation will be influenced by different local permitting and utility interconnection fees. Reliable installers will factor these costs into your first quotes to prevent unexpected expenses.

See what solar panels cost in other IA cities

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Who are the best solar installers in Bettendorf?

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.

Bettendorf, IA Solar Panel Cost FAQs

  • The average solar panel cost in Bettendorf, IA as of October, 2024 is estimated at $4.06/W. With the federal tax credit, the cost of a 5 kW solar panel system in Bettendorf, IA drops to roughly $14,210.

  • If you live in Iowa, you can find 5 rebates and incentives through different utilities and government agencies. Moreover, nearly everyone is eligible for the 30% federal income tax credit.

  • Paying cash will ensure the most savings, but currently there are several options for financing solar panels that are cost-effective as well. Installers often have partnerships with financing companies and will detail this information in your initial quotes.

  • Yes, on average, 5 kW solar panels in Bettendorf, IA pay for themselves in 13 years, with homeowners saving approximately $6,960.4 on electricity over 20 years.
Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-01