Solar Panels Cost $0k-$0k in Henry County, IA | November, 2024
High Power Bills?
Reduce or replace your electricity bill with solar
No data available
How much do solar panels cost in Henry County, IA in 2024?
No data available
Getting solar panels in the month of November, 2024 in Henry County, IA costs approximately $0/W.
It will cost $0, on average, for every 1000 watts (1 kW) of capacounty that your solar panels have. On average, the cost for a 5 kW panel install in Henry County, after the 30% federal tax credit, is approximately $0. It's vital to consider that a higher capacity system could be required to fully meet your energy requirements.
On the left, choose your county to see the typical roof size and the maximum generation capacity for solar panels on homes in your area. Below, you'll find a full outline 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.
Henry County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Henry 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.
Henry County: $34,428US Average: $16,169
Solar Potential in Henry County
Estimated system size and solar electricity production per median viable roof in Henry County.
Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 10.9kkWh AC per yr.
Electricity Costs in Henry County, IA & What that Means for Your Solar Panel Pricing
In Henry County, energy consumers typically see an average electric bill of 143.45 each month, with an average consumption of 935 kWh. Flats and other smaller housing units with diminished energy consumption are covered in this number.
The rate of electricity in Henry County, IA, on average, is 15.34¢ per kWh in November 2024.
At this time, an 8 kW solar installation will initially set you back around $0, but the federal tax credit reduces the price by 30%, making it $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Henry County
To your left, we've provided a full pricing details for the various solar panel system sizes set up in Henry County. Of course, a more extensive solar system requires a higher upfront cost, but it also translates to increased electricity savings and higher income tax credits.
The solar panel cost and benefit breakdown, shown in the calculator to the right and below, is based on an average electric bill of $143.45 in Henry County. Just replace the $143.45 with your average electricity bill amount to see more specific results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $893 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 5,955 kWh
Est. monthly savings $74
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 2.19 tons a year
Equivalent to planting 100 trees a year
Equivalent to driving 5,414 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,117 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,444 kWh
Est. monthly savings $93
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 2.73 tons a year
Equivalent to planting 126 trees a year
Equivalent to driving 6,768 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,340 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,933 kWh
Est. monthly savings $112
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.28 tons a year
Equivalent to planting 151 trees a year
Equivalent to driving 8,121 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,563 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,422 kWh
Est. monthly savings $130
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.83 tons a year
Equivalent to planting 176 trees a year
Equivalent to driving 9,475 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,787 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,911 kWh
Est. monthly savings $143
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.2 tons a year
Equivalent to planting 193 trees a year
Equivalent to driving 10,400 mi less a year
Henry County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and agricultural operations might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Believe you might be eligible? Use our REAP Grant eligibility tool to check your eligibility.
With the accessibility of a 30% federal income tax credit, solar energy becomes a viable solution for most homeowners, notably in numerous parts of the country. There are also a range of state and local efforts aimed at boosting solar energy use.
Iowa has 9 solar rebate and incentive initiatives available from multiple utilities 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 Henry County, IA?
If you're expecting to live in your home past the solar system's payback period, solar panels are a good decision in Henry County. In Henry County, IA, a 5 kW solar system installation might save you $34,428 on average over 20 years, with a standard break even point of 0 years.
The cost of not having solar panels in Henry County, IA
The lack of solar panels or an alternative energy backup means you'll forgo the earlier mentioned savings and be completely reliant on your electric utility for power. Recent media examples have shown that full reliance on your utility company isn't always ideal.
There are about 0.65 outages per customer annually in Iowa. The average duration of each outage is 58.71 minutes. During severe events like lightning strikes, equipment failure, or vandalism, these times can grow significantly longer.
View the graphic below to see the number of current electricity customers without power in Henry County.
With or without a backup battery, a solar panel system could relieve the stress of future power disruptions you might encounter.
Power Outages
Currently, 0 customers are being tracked in Henry County.
What impacts the cost of solar panels in Henry County, IA?
Your Energy Needs - The cost per watt is decreased with larger solar panel systems, even though the initial cost is greater. Setting up a solar panel system that can cover the electric bill is advantageous to consumers because of the money saved.
Make & Model - Similar to many other products, there are different makes and models of solar panels and mounting equipment on the market. Your contractor’s potential system preferences make it more important to select a reputable installer. Higher quality makes and models often provide a more positive long-term experience for buyers.
Solar Panel Type - Monocrystalline panels are generally accepted as the standard in the industry, and deservedly so. Even though they are more expensive, they generate more energy. The majority of installers work with panels constructed from this material.
Your Property - No two homes or properties are the same. Elements such as trees, uneven ground, or additional obstacles might complicate the installation process. These days, the majority of solar installers can assess your home with satellite images and factor in these considerations in the preliminary cost estimate.
Labor Rates - Various wages are offered to employees by various companies, and these expenses are transferred to the consumers. Higher wages frequently lead to companies getting better reviews for their work and customer service.
Permitting & Interconnection - Local permitting and utility interconnection fees, which differ by region, will influence your final installation cost. Experienced local installers will incorporate these numbers into your first quotes to avoid any surprises.
See what solar panels cost in other Henry County cities
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Henry County, IA Solar Panel Cost FAQs
In Henry County, IA, the mean cost per watt for solar panels as recorded in November, 2024 is $0/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Henry County, IA is roughly $0.
Homeowners in Iowa can take advantage of 9 different rebates and incentives from a variety of utility companies and government agencies. Additionally, almost everyone is entitled to the 30% federal income tax credit.
Although cash payments yield the greatest savings, numerous financing options for solar panels now exist that are also cost-effective. Many installers will detail information about their financing partners in the initial quotes they provide.
Yes, the average 5 kW solar panel payback time in Henry County, IA is 0 years, with expected savings of $34,428 on electricity over 20 years.
Savings from 
Environmental Impacts 
