Solar Panels Cost $8.1k-$18k in Iowa | February, 2025

Electricity Costs in Iowa & What that Means for Your Solar Panel Pricing

The typical monthly electric bill for Florida residents is $112.27, with an average usage of 835 kWh. Compact residences, such as duplexes and condos, are also reflected in the figures mentioned in the prior sentence.

In February 2025, the mean electricity rate in Iowa amounts to 13.45¢ per kWh.

If you’re a typical energy consumer in Iowa you will require 7 kW or higher sized system to meet your entire electricity usage demands. The price of a 7 kW solar panel installation is approximately $27,090 upfront, but the federal tax credit offers a 30% credit, lowering your final cost to $18,963.

Are solar panels worth it in Iowa?

If you expect to own your residence longer than the solar system's payback period, solar panels are a smart investment in Iowa. Over a 20 year period, a 5 kW solar system in Iowa could save you approximately $13,399.59, with the average break even time being 10 years.

The cost of not having solar panels in Iowa

Apart from the savings mentioned earlier, failing to install solar panels or an alternative energy backup leads to you being wholly dependent on your electric utility for electricity. Recent news examples have shown that complete dependence on your utility provider isn't always the most favorable condition.

Annually, the average number of outages per customer in Iowa is about 0.65. The typical duration of each outage is 58.71 minutes. When significant events such as lightning strikes, overloaded power grids, or vandalism occur, these time frames can become much longer.

View the info below to see the number of current electricity customers without power in Iowa.

A solar energy system could help mitigate the effects of future outages, whether or not it has a backup battery.

What impacts the cost of solar panels in Iowa?

Your Energy Needs -Larger solar panel systems have a greater upfront cost, but the cost per watt reduces. Installing a solar panel system that can cover the electric bill is useful to consumers because of the reduced long-term costs.

Make & Model - Just like other products, solar panels come in a wide variety of makes and models. Because the installer you choose might have particular system preferences, choosing a recommended installer is even more important. The employment of superior makes and models is likely to provide a more satisfactory long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have become the standard in the industry, and it's easy to see why. Despite the higher price tag, these panels produce greater energy output. The majority of installation experts use panels made from this material.

Your Property - Things such as trees, rough terrain, or additional hurdles can cause the installation to be more difficult. Many solar installers today use satellite imagery to evaluate your home and factor in these factors into the preliminary cost estimate.

Labor Rates - The wage differences between companies lead to costs that are transferred to the consumers. Companies that pay higher wages often garner higher reviews for their work and customer service.

Permitting & Interconnection - The cost of installation will differ depending on local permitting and utility interconnection fees. Quality local installers will include these figures in your preliminary estimates to provide transparency.