Solar Panels Cost 8.1k-18k in Clive, IA | October, 2024

Solar Panels Cost $8.1k-$18k in Clive, IA | October, 2024

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

During October, 2024, the average cost for going solar in Clive, IA was $3.86/W.

This means that, solar panels will cost you about $3,860 per 1 kW (or 1000 watts) of production capacity. After subtracting the 30% federal tax credit, a 5 kW system in Clive typically costs $13,510. To ensure your energy requirements are met, you may need a larger system.

On the left-hand side, you can select your county to see the typical roof size and the maximum capacity for solar panels in residences in your area. Below is a breakdown 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.
Clive: $13,510US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Clive: 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.
Clive: $1,870US Average: $15,784

Solar Potential in Clive

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

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

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

The typical kWh usage for a Clive resident is 795 monthly, with an average electric bill of $88.21. Consider that this statistic includes smaller residences including apartments, known for lower energy use.

Clive, IA's electricity rate is 11.09¢ per kWh in October 2024.

An average energy consumer in Clive must have a solar power system of at least 7 kW to account for their entire energy needs. Upfront, a 7 kWsolar installation will cost about $27,020, with the 30% tax credit, the price drops to $18,914.

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Average solar panel costs by system size in Clive

Displayed on the left side, is a comprehensive cost summary of the different sizes of solar panel systems set up in Clive. A larger solar array will expectedly cost more, but it will also yield more significant electricity savings and increased income tax credits.

The calculator down and to the right gives a detailed summary of solar panel costs and benefits, based on an average electric bill of $88.21 in Clive. If you prefer more tailored results, just modify the $88.21 to what your average electricity bill is.

System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $491 a year
Est. Price
$8,106
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
$10,808
Savings from a 4kWthis system
  • Est. yearly production 5,955 kWh
  • Est. monthly savings $55
  • Full payback in 10 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
$13,510
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
$16,212
Savings from a 6kWthis system
  • Est. yearly production 8,933 kWh
  • Est. monthly savings $82
  • Full payback in 15 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
$18,914
Savings from a 7kWthis system
  • Est. yearly production 10,422 kWh
  • Est. monthly savings $88
  • Full payback in 18 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

Clive Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant can potentially cover between 80% and 100% of the installation costs for photovoltaic or wind turbines for rural small businesses and farms. Curious if you are eligible? Our REAP Grant eligibility tool can help you find out.

For those looking into residential solar, the 30% federal income tax credit is available to almost all homeowners, which makes solar a sensible option in various states. Apart from the federal incentives, state and local programs also aim to boost solar energy uptake.

In Iowa, different utilities and government bodies offer 5 solar rebate and incentive initiatives.

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 plan to live in your home beyond the payback period of your solar system, solar panels are an clear choice in Clive. A 5 kW solar system in Clive, IA could potentially save you $7,660.4 over the course of 20 years, with the break even point usually at 13 years.

The cost of not having solar panels in Clive, IA

Without solar panels or another energy backup source, you miss out on the savings discussed earlier and are completely dependent on your electric utility for power. As illustrated in numerous recent news reports, total dependence on your utility is not always ideal.

Each year, utility customers in Clive have faced an average of 0.93 outages per year. On average, an outage lasts 95.6 minutes. Major events such as planned maintenance, overloaded power grids or hurricanes can significantly extend these time frames.

A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Polk County.

Learn more

Customers Out:

0

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

Your Energy Needs - Larger solar panel systems have a higher initial cost, yet the average cost per watt falls as the system size expands. It is often beneficial for homeowners to install a solar system that can generate enough electricity to completely replace their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. Considering the brand preferences that your installer may have, it's essential to choose a reputable contractor. Selecting better quality materials usually provides a more positive long-term experience for the buyer.

Solar Panel Type - For several valid reasons, monocrystalline panels are now the industry standard. Despite the higher price tag, these panels provide greater energy output. Many installation experts use panels constructed from this material.

Your Property - Factors such as trees, uneven landscapes, or additional hurdles may cause the installation to be more difficult. These days, the majority of solar installers can leverage satellite imagery to assess your home and factor in these aspects into the first cost estimate.

Labor Rates - Companies compensate their employees in varying amounts, and these costs are passed down to consumers. Businesses paying more to their employees often receive higher reviews for their services and customer service.

Permitting & Interconnection - Depending on the area, local permitting and utility interconnection fees will impact the cost of your installation. Experienced local installers will include these figures in your initial estimates to guarantee transparency.

See what solar panels cost in other IA cities

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Who are the best solar installers in Clive?

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.

Clive, IA Solar Panel Cost FAQs

  • As of October, 2024, the average per-watt cost for solar panels in Clive, IA is $3.86/W. Post federal tax credit, a 5 kW solar panel system installation in Clive, IA will roughly cost $13,510.

  • Currently, Iowa residents can benefit from 5 rebates and incentives available through various utilities and government bodies. Also, nearly everyone can take advantage of the 30% federal tax credit.

  • Paying cash will lead to the most savings, but currently there are multiple options for financing solar panels that make great money sense as well. Installers frequently offer financing options and will include them in your initial quotes.

  • Yes, the payback period for 5 kW solar energy systems in Clive, IA averages 13 years, with electricity savings of about $7,660.4 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01