Solar Panels Cost $0k-$0k in Wayne 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 Wayne County, IA in 2024?
No data available
During November, 2024, the current cost of solar panels in Wayne County, IA was $0/W.
Stemming from this price, solar panel installations will cost you, on average, $0 per 1000 watts (1 kW) of generation capacounty. A 5 kW solar panel system in Wayne County will typically cost you $0 after applying the 30% federal tax credit. It's important to note that a bigger system might be required to satisfy your energy demands.
To your left, you have the option to choose your county and view the typical roof size along with the average maximum capacity for solar panel installations on homes in your area. The following analysis, below, highlights 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.
Wayne County: $0US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Wayne 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.
Wayne County: $34,610US Average: $16,169
Solar Potential in Wayne County
Estimated system size and solar electricity production per median viable roof in Wayne County.
Roof size 661sq. ft.
Capacity 9.25kW DC
Electricity 10.9kkWh AC per yr.
Electricity Costs in Wayne County, IA & What that Means for Your Solar Panel Pricing
For Wayne County energy consumers, the typical monthly kWh usage is 916, with an average electric bill of 144.21. This figure also encompasses the energy needs of apartments and smaller homes.
In November 2024, the electricity rate in Wayne County, IA is on average 15.75¢ per kWh.
Initially, an 8 kW solar system is around $0, with the federal tax credit returning 30% of your investment amount, reducing the price to $0.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Wayne County
To the left side and below, you will see the pricing details for different sizes of solar panel systems installed in Wayne County. When you opt for a larger solar system, the cost is larger, but it also results in greater electricity savings and a greater income tax credit.
The solar panel cost calculator to the right and below breaks down costs and benefits, using an average $144.21 electric bill in Wayne County Change the $144.21 with your typical electricity bill to get more accurate 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 $953 a year
Est. Price
$0
Savings from a 4kWthis system
Est. yearly production 5,955 kWh
Est. monthly savings $79
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 2.35 tons a year
Equivalent to planting 108 trees a year
Equivalent to driving 5,811 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,191 a year
Est. Price
$0
Savings from a 5kWthis system
Est. yearly production 7,444 kWh
Est. monthly savings $99
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 2.93 tons a year
Equivalent to planting 135 trees a year
Equivalent to driving 7,264 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,429 a year
Est. Price
$0
Savings from a 6kWthis system
Est. yearly production 8,933 kWh
Est. monthly savings $119
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 3.52 tons a year
Equivalent to planting 162 trees a year
Equivalent to driving 8,717 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,668 a year
Est. Price
$0
Savings from a 7kWthis system
Est. yearly production 10,422 kWh
Est. monthly savings $139
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.11 tons a year
Equivalent to planting 189 trees a year
Equivalent to driving 10,170 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,906 a year
Est. Price
$0
Savings from a 8kWthis system
Est. yearly production 11,911 kWh
Est. monthly savings $144
Full payback in 0 years
Environmental Impacts
Reduces CO2 emissions by 4.26 tons a year
Equivalent to planting 196 trees a year
Equivalent to driving 10,539 mi less a year
Wayne County Solar Panel Installation Incentives & Rebates | 2024
Eligible rural small businesses and farmlands might have their solar energy or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. Think you are eligible? Use our REAP Grant eligibility tool to verify your qualification.
With the 30% federal income tax credit, nearly all homeowners qualify for residential solar, making it a practical option in many regions in the United States. Furthermore, many state and local programs are intended to encourage more people to use solar power.
Residents of Iowa can access 9 solar rebate and incentive programs from a range of utilities and governmental 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 Wayne County, IA?
For those in Wayne County planning to stay in their homes past the payback period of their solar system, solar panels make excellent sense. Installing a 5 kW solar system in Wayne County, IA will, on average, save you $34,610.4 over 20 years, and you can expect to break even in about 0 years.
The cost of not having solar panels in Wayne County, IA
Beyond forgoing the savings highlighted above, the absence of solar panels or another backup energy solution leads to total dependency on your electric utility for power. Many recent news reports have highlighted that relying entirely on your utility isn't always ideal.
There are about 0.65 outages per customer annually in Iowa. On average, an outage lasts 58.71 minutes. When major events such as overloaded power grids, wildfires or construction accidents occur, these durations can increase significantly
View the info below to see the number of current electricity customers without power in Wayne County.
A solar energy system, regardless of whether it has a backup battery or not, should help relieve the strain of future power outages you may face.
Power Outages
Currently, 0 customers are being tracked in Wayne County.
What impacts the cost of solar panels in Wayne County, IA?
Your Energy Needs - Larger solar panel setups come with a greater price tag, yet the cost per watt reduces as the size of the system expands. A lot of people find it useful to set up a solar energy system that can offset their entire electric bill. This ensures optimal savings.
Make & Model - Solar panels are offered in a range of makes and models. The installer you select may have certain system preferences, so it's important to select a reputable installer. For buyers desiring a superior long-term experience, choosing better quality makes and models is important.
Solar Panel Type - For good reasons, monocrystalline panels have become the standard in the industry. These panels are more expensive but generate more energy. The majority of installers in the industry use panels made of this material.
Your Property - Each property and home is one of a kind. Trees, uneven ground, or additional hindrances can increase the difficulty of installing solar panels. Using satellite images, solar installers currently can assess your home and include these elements into the preliminary cost estimate.
Labor Rates - Various wages are paid to employees by various companies, and these expenses are passed on to the consumers. It is frequently observed that companies with higher wages get superior reviews for their services and customer service.
Permitting & Interconnection - Your installation cost will be impacted by area-specific permitting and utility interconnection fees. That said, experienced local installers will be able to integrate these numbers into your preliminary quotes so there are no surprises.
See what solar panels cost in other Wayne County cities
Go Solar for less than your cell phone bill.
Who are the best solar installers in Wayne County?
Expertise in consulting on advantageous financing for solar.
Consulting on all things solar related.
Wayne County, IA Solar Panel Cost FAQs
As recorded in November, 2024, the standard cost for solar panel installations in Wayne County, IA is $0/W. With the federal tax credit, the cost of a 5 kW solar panel system in Wayne County, IA drops to roughly $0.
There are 9 rebates and incentives available in Iowa from a range of utility providers and government organizations. On top of that, most individuals are eligible for the 30% federal income tax credit.
While cash payments offer the most savings, there are now many financing options for solar panels that are also financially beneficial. Financing partners are often associated with many installers, and this will be provided in your initial quotes.
Yes, in Wayne County, IA, the average time for 5 kWsolar panel systems to pay for themselves is 0 years, leading to electricity savings of $34,610.4 over a 20-year period.
Savings from 
Environmental Impacts 
