Des Moines boasts a commitment to eco-friendliness and renewable energy. The solar panels in Des Moines continue to generate electricity, even on cloudy days. They respond to the visible light spectrum, ensuring consistent energy production. With ample sunshine available, solar panels prove to be highly effective in harnessing solar energy across the city. More sunshine translates to more savings for Des Moines residents investing in solar companies in Des Moines for solar panel installation.
The transition to solar panels in Des Moines, Iowa, is enticing with incentives like:
Sales Tax Exemption
You save 6% on the purchase, along with an additional 1% local sales tax, if you switch to solar power in Des Moines, and that’s before the solar panels make it to the roof. This will provide valuable savings for those looking for
local solar installers to transition to solar power in Des Moines.
Solar Tax Credit
Homeowners can get back up to 13% of the cost of their solar system on their state income tax. Commercial businesses can also get $20,000 in tax credit if they install solar power.
Federal Solar Tax Credit
Homeowners with solar power can claim up to 30% tax credit on federal income taxes. However, for this to be applicable, the solar systems shall be purchased outright, either with cash or a solar loan. The Federal Solar Tax Credit has been extended till the end of 2032, and the discounts will drop to 26% as 2033 begins, Therefore, now is the time to look for the best solar installers in Des Moines to equip your home with solar power.
Renewable Energy Property Tax Exemption
Home improvements, such as adding an energy source, usually increase property taxes. However, Iowa offers a unique exemption for residents who install solar panels. Eligible claimants aged 65 or older on or before January 1 of the assessment year, can now benefit from a homestead tax exemption, set at $3,250 of taxable value starting from January 1, 2023. This exemption, coupled with the initial five-year tax relief post-solar panel installation in Des Moines, provides significant financial incentives for embracing solar energy in Des Moines.
Net Metering in Des Moines
In Des Moines, your solar energy system can do more than just lower your electric bill. Thanks to net metering policies, it will help you get any surplus electricity your system generates credited back to you. You can use these credits when your system's output is lower, ensuring you get the most out of your investment in solar energy.
Solar Easement Laws
Iowa’s solar easement laws protect your right to going solar. They prevent pesky HOA’s from blocking your solar panel installation and allow you to remove any shade cover that would inhibit solar power production.
Community Solar in Des Moines: Power for All
Des Moines supports solar energy for every resident through community solar projects. Whether you rent or your home can't accommodate solar panels, you can still tap into clean energy by subscribing to an off-site solar array. This initiative makes solar installations done by the best solar companies in Des Moines easily accessible to all in Des Moines.
Explore sustainable energy with proficient local solar installers of Des Moines. Connect with Skyline Solar for expert guidance and installation!