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Iowa solar tax credit Iowa offers a personal tax credit equal to 50% of the federal solar tax credit of 26%. So, for an average 6-kW solar energy system installed for $18,000, you are eligible for $4,680 from the Federal government (26% * $18,000), and an additional $2,340 (50% of the Federal credit).
Iowa Business for Clean Energy fosters a network of individuals in businesses across the state to foster discussion on reducing barriers to achieving a low-carbon footprint, helping make Iowa businesses be more competitive.
Iowa's 1983 Alternative Energy Production Law set a 105 MW minimum renewable energy target for the state's two IOUs. MidAmerican has set a net-zero GHG emissions by 2050 goal and a 100% renewable energy target. In 2021, the utility reported that 88.5% of its annual generation was supplied by renewable resources.
The Iowa Alternative Energy Law (§ 476.41) requires its investor-owned utilities to own or contract a total of 105 MW of renewable energy. It is split between MidAmerican Energy (55.2 MW, or 52.57% of demand) and Alliant Energy Interstate Power and Light (49.8 MW, or 47.43% of demand).
In 1983, Iowa became the first state in the nation to adopt a renewable portfolio standard (RPS). State regulators required Iowa's two investor-owned electric utilities to own or to contract for a combined 105 megawatts of total renewable generating capacity.