Solar Panels Cost 5.3k-16k in Burlington, IA | October, 2024

Solar Panels Cost $5.3k-$16k in Burlington, IA | October, 2024

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

Typically, in Burlington, IA in the month of October, 2024, the cost per each watt for solar panel systems is $3.84/W.

In accordance with the price, you can conclude that for every 1 kW (1000 watts) your solar system can generate you will need to invest $3,840 to get your panels installed. After receiving the 30% federal tax credit, a 5 kW solar panel install in Burlington sets you back $13,440. Be aware that a larger system might be required to fulfill your energy requirements.

To the left,choose your area to find out the average roof size and the average maximum capacity of solar panel systems for homes in your county. Below is a full analysis of the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Burlington: $13,440US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Burlington: 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.
Burlington: $12,062US Average: $15,784

Solar Potential in Burlington

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

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

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

On average, Burlington residents use 722 kWh each month, and the electric bill is $130.26. Bear in mind that this figure incorporates data from both apartments and smaller homes with reduced energy requirements.

In October 2024, the electricity rate in Burlington, IA is on average 18.03¢ per kWh.

Average electricity users in Burlington may want a solar panel system with a generation capacity of 6 kW or more to satisfy their full electricity usage needs. At the moment, a 6 kW solar installation will cost you roughly $23,040upfront, but thanks to the 30% federal tax credit, you receive 30% back, reducing the total to $16,128.

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Average solar panel costs by system size in Burlington

Below on the left side, there is the cost breakdown for multiple sizes of solar panel systems set up in Burlington. Even though a larger solar installation carries a larger expense, it also offers higher electricity savings and larger income tax credits.

In the calculator provided to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $130.26 electric bill for Burlington. Adjust the $130.26 to your average electricity bill payment for results that are tailored to you.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $536 a year
Est. Price
$5,376
Savings from a 2kWthis system
  • Est. yearly production 2,978 kWh
  • Est. monthly savings $45
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 1.56 tons a year
  • Equivalent to planting 72 trees a year
  • Equivalent to driving 3,865 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $804 a year
Est. Price
$8,064
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 2.34 tons a year
  • Equivalent to planting 108 trees a year
  • Equivalent to driving 5,797 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,072 a year
Est. Price
$10,752
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 3.12 tons a year
  • Equivalent to planting 143 trees a year
  • Equivalent to driving 7,730 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,340 a year
Est. Price
$13,440
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 3.9 tons a year
  • Equivalent to planting 179 trees a year
  • Equivalent to driving 9,662 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,608 a year
Est. Price
$16,128
Savings from a 6kWthis system
  • Est. yearly production 8,933 kWh
  • Est. monthly savings $130
  • Full payback in 10 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

Burlington Solar Panel Installation Incentives & Rebates | 2024

Small businesses and farms in rural areas may see between 80% and 100% of their solar or wind turbine installation costs covered by the REAP Grant. Wondering if you fall into this category? Check your eligibility with our REAP Grant eligibility tool.

Almost all homeowners can benefit from the 30% federal income tax credit for residential solar, making solar energy a sensible option across most parts of the country. Alongside federal incentives, there are many state and local efforts to encourage solar energy adoption.

Several utilities and government agencies in Iowa currently offer 5 solar rebates and incentives.

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?

For homeowners in Burlington planning to remain in their homes after the payback period for solar panels, solar energy is a sensible choice. In Burlington, IA, a 5 kW solar system installation might save you $17,822.4 on average over 20 years, with a typical break even point of 9 years.

The cost of not having solar panels in Burlington, IA

Besides missing out on the aforementioned savings, not having solar panels or a different backup energy source makes you fully reliant on your electric utility for electricity. The news has provided several examples demonstrating that full reliance on your utility is not always ideal.

The utilities in Des Moines County have averaged about 1.01 outages per customer per year in recent years. Usually, outages have an average duration of 79.8 minutes. However, during critical events like planned maintenance, grid management errors or winter storms, these times can extend dramatically.

A solar panel system, with or without a backup battery or not, could reduce the impact of future power outages you might face.

Power Outages

Currently, 0 customers are being tracked in Des Moines County.

Learn more

Customers Out:

0

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

Your Energy Needs - Even though larger solar panel systems have a larger initial cost, the cost per watt drops. For most individuals, setting up a system that can produce enough power to reduce their entire electric bill is useful, providing significant savings.

Make & Model - Similar to many other products, there are a variety of makes and models of solar panels on the market. The potential brand preferences of your installer mean that it is it's even more necessary to pick a highly rated company. Choosing superior quality materials generally yields a more favorable long-term experience for the buyer.

Solar Panel Type - For good reasons, monocrystalline panels have emerged as the standard in the industry. Even though they are costlier, they generate additional energy. The majority of installers use panels crafted from this material.

Your Property - Each property and home has its own characteristics. Factors like irregular terrain, trees, or other challenges can make the installation more challenging. Nowadays, solar installers commonly leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies offer varying pay rates to their employees, which are then passed on to the prices consumers pay. Businesses that invest in higher wages often see higher reviews for their services and customer service.

Permitting & Interconnection - Regional differences in permitting and utility interconnection fees will affect your installation cost. Reliable local installers will incorporate these figures into your preliminary estimates to avoid any surprises.

See what solar panels cost in other IA cities

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Who are the best solar installers in Burlington?

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.

Burlington, IA Solar Panel Cost FAQs

  • In October, 2024, the typical price per watt for solar panels in Burlington, IA is $3.84/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Burlington, IA is roughly $13,440.

  • Residents of Iowa can currently take advantage of 5 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Paying in cash provides the highest savings, but there are several financing options available today for solar panels that are also financially advantageous. Many installers will detail information about financing options in their initial quotes.

  • Yes, in Burlington, IA, the average time for 5 kW solar panel systems to pay for themselves is 9 years, leading to electricity savings of $17,822.4 over a 20-year period.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01