Solar Panels Cost $0k-$0k in Grundy County, IA | November, 2024
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How much do solar panels cost in Grundy County, IA in 2024?
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Currently, in Grundy County, IA in the month of November, 2024, the price per each watt for solar systems is $0/W.
Stemming from the price per watt, you can conclude that for every 1 kW (1000 watts) of solar generation capacounty will require an investment of $0 for installation. After applying the 30% federal tax credit, a 5 kW system in Grundy County generally costs $0. A 5kW system may not be sufficient to satisfy your energy requirements.
Use the left-hand menu to select your area and view the typical roof size and the maximum capacity for residential solar on homes in your county. You can review the costs, payback period, and 20-year average savings for a 5 kW system in your county below.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Grundy County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Grundy County: 0 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Grundy County: $46,661US Average: $16,169
Solar Potential in Grundy County
Estimated system size and solar electricity production per median viable roof in Grundy County.
Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 10.9kkWh AC per yr.
Electricity Costs in Grundy County, IA & What that Means for Your Solar Panel Pricing
Grundy County energy consumers usually use 1,543 kWh monthly, with an average monthly bill of 194.42. It is important to note that this figure also includes data from smaller residential units, including apartments.
For November 2024, Grundy County, IA's mean electricity rate is 12.6¢ per kWh.
The expense for a a 13 kW setup is approximately $0 before any incentives, but the federal tax credit offers a 30% credit, bringing the price down to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Grundy County
On the left side below, the pricing details for multiple sizes of solar panel systems installed in Grundy County can be seen. With more extensive solar systems, the price increases, but so do the electricity savings and the income tax credits you can get.
The solar panel cost calculator to the right and below breaks down costs and benefits, considering an average $194.42 electric bill in Grundy County Modify the $194.42 to match your usual electricity bill payment for more tailored results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 9kW
Roof Size Min. space required
644 ft²
Electricity Value Annual Production $1,742 a year
Est. Price
$0
Savings from a 9kWthis system
Est. yearly production 13,400 kWh
Est. monthly savings $145
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 2 mi less a year
System Size 10kW
Roof Size Min. space required
715 ft²
Electricity Value Annual Production $1,936 a year
Est. Price
$0
Savings from a 10kWthis system
Est. yearly production 14,889 kWh
Est. monthly savings $161
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 2 mi less a year
System Size 11kW
Roof Size Min. space required
787 ft²
Electricity Value Annual Production $2,129 a year
Est. Price
$0
Savings from a 11kWthis system
Est. yearly production 16,377 kWh
Est. monthly savings $177
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 2 mi less a year
System Size 12kW
Roof Size Min. space required
858 ft²
Electricity Value Annual Production $2,323 a year
Est. Price
$0
Savings from a 12kWthis system
Est. yearly production 17,866 kWh
Est. monthly savings $194
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 3 mi less a year
System Size 13kW
Roof Size Min. space required
930 ft²
Electricity Value Annual Production $2,516 a year
Est. Price
$0
Savings from a 13kWthis system
Est. yearly production 19,355 kWh
Est. monthly savings $194
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 0 tons a year
Equivalent to planting 0 trees a year
Equivalent to driving 3 mi less a year
Grundy County Solar Panel Installation Incentives & Rebates | 2024
Rural small business and farm owners might benefit from the REAP Grant, which could cover 80% to 100% of their solar energy or wind energy installation expenses. To see if you qualify, use our REAP Grant eligibility tool.
Homeowners can qualify for a 30% federal income tax credit for installing residential solar panels, making solar power a sensible option throughout much of the country. Alongside federal efforts, state and local programs help to support the use of solar power.
A total of 9 solar rebates and incentives are available in Iowa through various utility companies and government agencies.
Solar incentives in IAIncentive Description Value
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.
Waverly Light & Power - Residential Solar Thermal Rebates
Value:Up to $3,500
Residential Waverly Light and Power customers may be entitled to a one-time rebate on new solar water heaters. Rebate awards are contingent upon the property owner obtaining necessary permits from their county and installing the system through a participating contractor. Each address, rather than each homeowner, may only receive one rebate. As funding for the rebate program is limited each year, applications are accepted on a first-come, first-served basis. Interested customers may apply or find more information on the WL&P 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.
Waverly Light & Power - Residential Energy Efficiency Rebates
Value:Varies
Residential Waverly Light and Power customers may be entitled to a variety of rebates on energy efficient projects and equipment. Qualifying projects and programs change from time to time. Current offers include rebates on water heaters, heat pumps, insulation, central HVAC, and some home appliances. Some weatherization projects may be completed at no expense to the homeowner. Additional information is available through the WL&P website.
City of Dubuque - Solar Thermal Licensing Requirement
Value:Varies
Solar contractors intending to install a thermal system on Dubuque property must obtain a specialized license from the city in addition to state contracting licenses, journeymen's permits, or applicable municipal building permits. PV systems do not need a Dubuque license. The simplest qualification for most contractors is a minimum NABCEP Solar Thermal certification. Alternatively, installation workers may complete vocational education from Northeast IA Community College. Additional information is available on the Dubuque city 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.
Ames Electric Department - Residential Energy Efficiency Rebate Programs
Value:Varies
Ames residents looking to make energy efficiency improvements or install renewable energy equipment may be entitled to a variety of financial incentives from the city's municipal utility. Qualifying projects and programs will vary over time. Current rebate offers include central HVAC with load control and ENERGY STAR certified home appliances. An additional program incentivizes new home construction that considers ENERGY STAR building standards. Interested homeowners may schedule a free in-home energy efficiency audit with an Ames Electric Services representative. At the time of the audit, the representative may provide equipment to immediately improve home efficiency, including LED bulbs or pipe insulation. Additional information is available from the Ames city 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 Grundy County, IA?
Homeowners in Grundy County who intend to live in their residence beyond the payback period of their solar system will find solar panels an obvious choice. A 5 kW solar system in Grundy County, IA might save you an average of $46,660.8 over 20 years, with the break even point typically being 0 years.
The cost of not having solar panels in Grundy County, IA
Besides missing out on the aforementioned savings, not installing solar panels or any backup energy system leaves you totally reliant on your electric utility for power. Recent news has demonstrated that complete dependence on your utility company is not always ideal.
Recently, the average number of utility outages per customer annually in Grundy County has been about 0.9. The average length of an outage is 93.12 minutes. In events like construction accidents, overloaded power grids or earthquakes, this duration can extend significantly.
Take a look at the info below to see the number of current electricity customers without power in Grundy County.
A solar panel system, with or without a backup battery, could help mitigate the effects of future outages you might face.
Power Outages
Currently, 0 customers are being tracked in Grundy County.
What impacts the cost of solar panels in Grundy County, IA?
Your Energy Needs - Though the initial cost of larger solar panel systems is greater, the price per watt diminishes as the system gets larger. A majority of homeowners find it advantageous to set up a solar system that can generate enough electricity to replace the entirety of their electric bill. This approach makes the most sense for maximum savings.
Make & Model - Solar panels and mounting equipment are offered in a range of makes and models. The preferences for brand that your installer has may make it vital to pick a recommended installer. Buyers frequently find that utilizing higher quality equipment results in a more favorable long-term experience.
Solar Panel Type - The standard in the industry is now monocrystalline panels, and for good reason. Despite the higher price tag, these panels produce greater energy output. Most installation experts use panels crafted from this material.
Your Property - Each property and home has its own characteristics. Factors such as trees, sloping terrain, or additional hurdles can make the installation more challenging. By using satellite images, many solar installers nowadays can assess your home and include these factors into the initial cost estimate.
Labor Rates - Different companies have varying pay scales for their employees, and these costs are ultimately passed on to consumers. Higher reviews for services and customer service are often associated with companies that pay higher wages.
Permitting & Interconnection - Local permitting and utility interconnection fees, which change by area, will impact your installation cost. Reputable local installers will include these figures in your initial estimates to provide transparency.
See what solar panels cost in other Grundy County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Grundy County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Grundy County, IA Solar Panel Cost FAQs
The average solar panel cost in Grundy County, IA as of November, 2024 is estimated at $0/W. After federal tax credits, the installation of a 5 kW solar panel system in Grundy County, IA is estimated to cost $0.
Utilities and government agencies in Iowa are currently offering 9 different rebates and incentives. Moreover, nearly everyone is eligible for the 30% federal income tax credit.
Even though cash payments provide the greatest savings, many financing options for solar panels today are also cost-effective. Your initial quotes will often contain information about financing options provided by installers.
Yes, on average, the return on investment for 5 kW solar panel systems in Grundy County, IA is achieved in 0 years, with electricity savings amounting to $46,660.8 over 20 years.
Savings from 
Environmental Impacts 
