Solar Panels Cost 8.1k-19k in Clinton, IA | October, 2024

Solar Panels Cost $8.1k-$19k in Clinton, IA | October, 2024

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

In Clinton, IA, the cost per watt for solar panels averages $3.89/W in October, 2024.

Using the cost, you are able to conclude that for every 1000 watts (1 kW) your panels can produce you will have to invest $3,890 to have your system installed. After receiving the 30% federal tax credit, you can expect to pay around $13,615 for a 5 kW system in Clinton. Please consider, a 5kW system may not be enough to meet your energy demands.

By selecting your county on the left, you can see the average roof size and the average maximum capacity for residential solar panel systems in your area. Below is an analysis of the costs, 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.
Clinton: $13,615US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Clinton: 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.
Clinton: $11,683US Average: $15,784

Solar Potential in Clinton

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

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

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

Clinton residents generally consume 773 kWh of electricity each month, with bills averaging $129.72. {These numbers include apartments and other smaller homes, which generally have reduced energy consumption.

In October 2024, Clinton, IA's mean electricity rate is 16.78¢ per kWh.

In Clinton, a system size of 7 kW or more is needed for the typical energy consumer to account for all of their energy needs. Right now, a 7 kW solar panel system will set you back about $27,230upfront, but thanks to the federal tax credit, you receive 30% back, reducing the total to $19,061.

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Average solar panel costs by system size in Clinton

On the left side below, the cost breakdown for various sizes of solar panel systems set up in Clinton can be seen. The initial cost for more extensive solar systems is larger, but they also provide more significant electricity savings and higher income tax credits.

Check the solar panel cost calculator down and to the right to see the cost and benefit details derived from an average $129.72 electric bill in Clinton. Change the $129.72 with your typical electricity bill to get more detailed results.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $759 a year
Est. Price
$8,169
Savings from a 3kWthis system
  • Est. yearly production 4,467 kWh
  • Est. monthly savings $63
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 4.85 tons a year
  • Equivalent to planting 223 trees a year
  • Equivalent to driving 12,001 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,012 a year
Est. Price
$10,892
Savings from a 4kWthis system
  • Est. yearly production 5,955 kWh
  • Est. monthly savings $84
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 6.46 tons a year
  • Equivalent to planting 297 trees a year
  • Equivalent to driving 16,001 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,266 a year
Est. Price
$13,615
Savings from a 5kWthis system
  • Est. yearly production 7,444 kWh
  • Est. monthly savings $105
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 8.08 tons a year
  • Equivalent to planting 371 trees a year
  • Equivalent to driving 20,001 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,519 a year
Est. Price
$16,338
Savings from a 6kWthis system
  • Est. yearly production 8,933 kWh
  • Est. monthly savings $127
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 9.7 tons a year
  • Equivalent to planting 445 trees a year
  • Equivalent to driving 24,002 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,772 a year
Est. Price
$19,061
Savings from a 7kWthis system
  • Est. yearly production 10,422 kWh
  • Est. monthly savings $130
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 9.96 tons a year
  • Equivalent to planting 457 trees a year
  • Equivalent to driving 24,655 mi less a year

Clinton Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant offers substantial financial support, potentially covering 80% to 100% of the costs for rural businesses and farms to install solar energy or wind energy systems. Think you might be eligible? Verify your qualification with our REAP Grant eligibility tool.

Most people can benefit from the 30% federal income tax credit for residential solar, making it a feasible investment in numerous areas of the country. Numerous regional and state programs are in place to encourage solar energy adoption.

There are 5 solar rebate and incentive initiatives currently available in Iowa by various 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 your goal is to maintain your home well past the payback period of your solar system, solar panels are an clear choice in Clinton. By installing a 5 kW solar system in Clinton, IA, you can expect to save around $17,517.8 over 20 years, with the break even point usually being 9 years.

The cost of not having solar panels in Clinton, IA

Apart from missing out on the savings noted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news stories have made it evident that complete reliance on your utility isn't always the best idea.

Recently, customers in Clinton have experienced an average of 0.95 outages per year. The typical duration of each outage is 91.65 minutes. When significant events such as construction accidents, overloaded power grids or hurricanes occur, these time frames can become much longer.

A solar panel system, whether or not it has a backup battery, could help reduce the impact of future outages you might face.

Power Outages

Currently, 0 customers are being tracked in Clinton County.

Learn more

Customers Out:

0

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

Your Energy Needs - The upfront cost for larger solar panel systems is larger, but the cost per watt decreases as the system size expands. Homeowners often find that setting up a solar system that can cover their entire electric bill is advantageous, leading to maximum savings.

Make & Model - There are numerous brands and models of solar panels. The installer you select may have particular brand preferences, so it's crucial to select a reputable contractor. Superior quality models generally result in a more satisfactory long-term experience for buyers.

Solar Panel Type - The standard in the industry is now monocrystalline panels, and justifiably so. They come with a higher price but are more efficient. Many solar panel installers use panels made of this kind of material.

Your Property - Every property and home is distinct. Trees, sloping terrain, or additional hurdles can make the installation more difficult. These days, solar installers typically use satellite images to evaluate your home and include these factors into the first cost estimate.

Labor Rates - The wages that companies offer their employees vary, and these expenses are inevitably shown in consumer prices. Usually, companies paying more in wages also enjoy higher ratings for their work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will influence your installation cost. Quality local installers will include these figures in your first estimates to provide transparency.

See what solar panels cost in other IA cities

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Who are the best solar installers in Clinton?

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.

Clinton, IA Solar Panel Cost FAQs

  • In October, 2024, the average cost of solar panels per watt in Clinton, IA is $3.89/W. After federal tax credits, the installation of a 5 kW solar panel system in Clinton, IA is estimated to cost $13,615.

  • There are 5 rebates and incentives available in Iowa from a range of utility providers and government organizations. Furthermore, the majority of people qualify for the 30% federal tax credit.

  • Paying cash offers the highest savings, but there are now numerous financing options for solar panels that are also cost-effective. Installers typically partner with financing companies and will provide this information into your initial quotes.

  • Yes, the average 5 kW solar panel payback period in Clinton, IA stands at 9 years, yielding average electricity savings of $17,517.8 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01