Solar Savings Calculator for Des Moines, IA
Homeowners in Des Moines pay an average of $132/month for electricity through MidAmerican Energy. With 4.3 peak sun hours per day, solar panels can significantly reduce your energy costs.
$132
Avg Monthly Bill
14.8¢/kWh
Electricity Rate
4.3h/day
Peak Sun Hours
$41,053
Est. 25-Year Savings
Calculate Your Savings in Des Moines
Adjust Your Details for Des Moines, IA
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Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,160
Federal Tax Credit (30%)
-$6,048
Net Cost
$14,112
Annual Savings
$1,584
Payback Period
8.9 years
25-Year Savings
$41,053
Return on Investment
291%
* Estimates based on 4.3 peak sun hours/day in Des Moines, IA, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Des Moines
Utility & Permits
- Utility Company
- MidAmerican Energy
- Permit Cost
- $275
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $20,160
- Net Cost (after credits)
- $14,112
Available Incentives for Des Moines, IA
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Other Cities in Iowa
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