17 Best Solar Companies in Iowa City, IA (2023 Reviews)

The Cost and Benefits of Solar in Iowa City

For many people, the decision of which solar company to hire depends on total costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets a lot of sunlight.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $17,000 of savings over 20 years.
• Electricity consumption: The average household in Iowa City uses a lot of energy, and as a result may see more savings on electricity bills than other places.

There are many great benefits of solar in spite of the upfront cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Iowa City

There are lots of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. These incentives normally take the form of cash rebates, tax credits and/or performance-based incentives. They can cut the cost you pay for installing solar panels by 30%, upwards of 50% depending on your location. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Iowa City

A lot of people want to do what they can to help save the planet, which often is the chief reason they're interested in installing solar panels. You may be trying to figure out — how much does going solar do for the environment anyway? In a city like Iowa City where energy use is particularly high, going solar is a great idea for homeowners who care about the planet. Though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Iowa City, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, going solar has so many other benefits outside of saving money. One of the major ones is that you can help save the Earth too.