Iowa Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 12/05/2012
Program Overview:
| State: |
Iowa |
| Incentive Type: |
Utility Rebate Program |
| Eligible Renewable/Other Technologies: |
Photovoltaics, Wind, Biomass, Anaerobic Digestion |
| Applicable Sectors: |
Commercial, Industrial, Agricultural |
| Amount: | Energy Efficient Wind: $0.75/kWh
Standard Wind: $0.25/kWh
Energy Efficient PV: $1/kWh
Standard PV: $0.50/kWh
Biomass: 50% of system cost
Anaerobic Digester: 50% of system cost |
| Maximum Incentive: | Energy Efficient Wind: $35,000
Standard Wind: $30,000
Energy Efficient PV: $25,000
Standard PV: $20,000
Biomass: $500,000
Anaerobic Digester: $200,000
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| Installation Requirements: | The system must offset on-site electric usage |
| Web Site: |
http://www.alliantenergy.com/SaveEnergyAndMoney/Rebates/BusIA/030...
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Summary:
The Alliant Energy Renewable Cash-Back Rewards program offers rebates for solar photovoltaics (PV), wind, renewable biomass, and anaerobic digesters. Businesses and farms that are Alliant Energy electric customers qualify for these rebates. Note that the above web site directs to the business incentives; the farm incentives are the same rate and can be found here. In order to apply for the program, customers must first use the online self-assessment tool. Alliant Energy will then contact customers to schedule an energy efficiency audit and a site assessment to determine the incentive level and the renewable energy potential. Customers can receive a higher "Energy Efficient" rebate rate for wind and solar PV if the business or farm meets certain energy efficient objectives, as determined by an energy efficiency audit.
The solar and wind rebates are based on the lesser of either the estimated first year output in kilowatt hours (kWh) or the optimal annual energy usage of the facility in kWh as follows:
- Standard PV: The lesser of
- estimated first year output in kWh x $0.50 or
- optimal annual energy usage of the facility in kWh x .75 x $0.50
- Energy Efficient PV: The lesser of
- estimated first year output in kWh x $1.00 or
- optimal annual energy usage of the facility in kWh x .75 x $1.00
- Standard Wind: The lesser of
- estimated first year output in kWh x $0.25 or
- optimal annual energy usage of the facility in kWh x .75 x $0.25
- Energy Efficient Wind: The lesser of
- estimated first year output in kWh x $0.75 or
- optimal annual energy usage of the facility in kWh x .75 x $0.75
Businesses can also receive rebates through the Energy Efficiency Rebate Program or the Farm Equipment Energy Efficiency Rebate Program in order to meet the energy efficient objectives. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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