Solar Panel Costs in Cedar Rapids, IA from $8.7k-$20k | 2024

Solar Panels Cost $8.7k-$20k in Cedar Rapids | July 2024

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How much do solar panels cost in Cedar Rapids, IA in 2024?

In Cedar Rapids, an average home needs a 7kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $4.17 in Cedar Rapids, a 7kW system can cost around $29,190 depending on applicable rebates and other factors.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Cedar Rapids: $20,850US Average: $18,169
Average Payback Period The number of years until you break even on the solar investment.
Cedar Rapids: 14 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Cedar Rapids: $9,969US Average: $14,957

Solar Potential in Cedar Rapids

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

Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 10.7kkWh AC per yr.

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Average solar panel costs by system size in Cedar Rapids

Get the most value out of your roof by comparing the different benefits a given system size has.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $752 a year
Est. Price
$12,510
Savings from a 3kWthis system
  • Est. yearly production 4,270 kWh
  • Est. monthly savings $63
  • Full payback in 17 years
Environmental Impacts
  • Reduces CO2 emissions by 3.07 tons a year
  • Equivalent to planting 141 trees a year
  • Equivalent to driving 7,608 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,003 a year
Est. Price
$16,680
Savings from a 4kWthis system
  • Est. yearly production 5,694 kWh
  • Est. monthly savings $84
  • Full payback in 17 years
Environmental Impacts
  • Reduces CO2 emissions by 4.1 tons a year
  • Equivalent to planting 188 trees a year
  • Equivalent to driving 10,144 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,254 a year
Est. Price
$20,850
Savings from a 5kWthis system
  • Est. yearly production 7,117 kWh
  • Est. monthly savings $104
  • Full payback in 17 years
Environmental Impacts
  • Reduces CO2 emissions by 5.12 tons a year
  • Equivalent to planting 235 trees a year
  • Equivalent to driving 12,680 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,505 a year
Est. Price
$25,020
Savings from a 6kWthis system
  • Est. yearly production 8,541 kWh
  • Est. monthly savings $125
  • Full payback in 17 years
Environmental Impacts
  • Reduces CO2 emissions by 6.15 tons a year
  • Equivalent to planting 282 trees a year
  • Equivalent to driving 15,217 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,755 a year
Est. Price
$29,190
Savings from a 7kWthis system
  • Est. yearly production 9,964 kWh
  • Est. monthly savings $128
  • Full payback in 19 years
Environmental Impacts
  • Reduces CO2 emissions by 6.28 tons a year
  • Equivalent to planting 288 trees a year
  • Equivalent to driving 15,534 mi less a year

Cedar Rapids Solar Panel Installation Incentives & Rebates | 2024

Cedar Rapids has 5 rebates and tax credits that you may be eligable for. Visit the official links for more details to see if you apply.

Solar incentives in IA

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.

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Cedar Rapids Solar Panel Cost FAQs

  • As a general rule, unless there are local limitations, the main limitations to the amount of solar panels you can put on your roof are the available space on your roof, your electricity usage, your providers net metering rules, and the limitations of your house hold electrical system.
  • Based on our research the average price per installed watt is $4.17 in Cedar Rapids. This means for a 10kW system you can expect to pay $41,700 though pricing can vary significantly between installers based on the projects requirements.
  • Based on a Zillow research study from 2019, home with solar panels sell for roughly 4.1% more.
  • To generate the most power, solar panels in the United States should face true south as this generally results in the solar panels receiving the most light each day throughout the course of the year. That said, given that energy prices are often variable throughout the day, your installer may recommend you rotate your panels slightly so that the panels will receive more light at the end of the day when energy prices can be more expensive. That said, for most consumers the positioning of solar panels is highly dependent on your home's roof.
  • Based on our continuously updated database of solar installers, we have found 16 verified solar install companies in Cedar Rapids

Who are the best solar installers in Cedar Rapids?

Site Gen Solar

Cedar Rapids, IA(319) 734-3120

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

Eagle Point Solar

Dubuque, IA(563) 582-4044

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Harvest Solar

Jackson, MI(888) 907-6527

Services

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

GRNE Solar

Palatine, IL(312) 859-3417

Services

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

Entegrity

Little Rock, AR(800) 700-1414

Services

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

Ideal Energy

Fairfield, IA(800) 634-4454

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-07-01