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Written By David Cusick
Last Updated April 2024
Solar energy is becoming increasingly popular for homeowners in Waterloo. A solar panel array can help you add value to your property, provide a dependable source of power, and decrease your carbon footprint. Adopting solar energy can allow you to save money and shrink your carbon footprint, but you want to make sure you find a reputable installer. Luckily, we've done the research and created a guide to the best and most reliable solar installation providers in Waterloo.
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Family-operated business
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Our Rating
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Our Rating
Informative resources
Reliable customer support
Free quotes
Clear pricing policy
Services Offered
Our Rating
Informative resources
Clear pricing policy
Reliable customer support
Free quotes
Services Offered
Our Rating
Clear pricing policy
Informative resources
Reliable customer support
Services Offered
Our Rating
Informative resources
Reliable customer support
Clear pricing policy
Free quotes
Services Offered
Our Rating
Free quotes
Reliable customer support
Clear pricing policy
Informative resources
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Adopting solar power lets homeowners lower utility bills while benefiting the planet by reducing your carbon footprint using clean energy. If you’re evaluating if you want to go solar, consider these key factors for choosing an installer.
Make sure you hire a licensed solar installer. This helps ensure that the work is done correctly using the most up-to-date installation methods. In Iowa, anyone making at least $2,000 per year from non-DIY electrical or solar energy work is a contractor and must pursue licensure from the Division of Labor. To install solar photovoltaic systems, a company will need an journeyman or electrical contractor license.
Look at review platforms such as the Better Business Bureau (BBB), Google Reviews, and TrustPilot to find out what previous customers have to say about local solar companies. Reviews can give you an idea of a company’s trustworthiness and customer service. Avoid companies lacking reviews or with predominantly negative feedback.
Contact three to five solar companies for free, detailed quotes. Quotes should clearly outline all costs and specify the exact solar components included. Comparing multiple quotes helps identify the option that best fits your budget.
Quality solar installations should include strong workmanship and performance guarantees. A workmanship guarantee addresses any installation defects (such as cracks in the panels, poor alignment, or poor wiring), while a performance guarantee ensures a certain level of energy production. Strong warranties demonstrate a company's confidence in its work.
Going solar can help decrease your energy expenses. Be sure to weigh these aspects when determining the cost and value of solar panels.
In Waterloo, solar panels cost an average of $4,010 per kilowatt, with an average system size of 9.7 kilowatts. The typical Waterloo homeowner spends $27,365 on their solar array after federal tax refunds. An estimate from a local provider will consider additional information reflecting your desired system's size, required preliminary work, panel type, and capacity. In some cases, homeowners may prefer to lease solar panels to reduce upfront costs.
Incentive Type: Property Tax Incentive
Incentive Amount:
100% of value added by renewable system
Incentive Amount:
Advanced Power Strips: up to $20
Air Source Heat Pump: $300-$800 for existing homes, $180-$480 for new homes
Appliance Recycling: up to $50
Central A/C: $150-$600 for existing homes, $90-$360 for new homes
Ductless Mini-Split Heat Pump: Varies
Electric Heat Pump Water Heater: $300-$350 for existing homes, $180-$210 for new homes
Electric HVAC System Tune-Up: up to $50
Gas Furnace: $180 for existing homes, $80 for new homes
Geothermal Heat Pump: $1,320-$1,750 for existing homes, $790-$1,050 for new homes
Learning Thermostat: $100 for existing homes, $60 for new homes
LED Light Bulbs: In-Store Rebates
Online Home Energy Assessment: FREE
Room Air Purifier: up to $30
Variable Speed Pool Pumps: up to $220
Incentive Amount:
Clothes Washers: $100
Clothes Dryers: $50-$100
Water Heater (Tank or Tankless): $300
Heat Pump Water Heater: $400
Refrigerator/Freezer Recycling: $50
Window A/C Recycling: $25
LED Bulbs: Instant in-store rebate
LED Lighting Fixture: 50% of cost
Natural Gas Boiler: up to $400
Natural Gas Furnace with Variable Speed Blower Motor: Up to $200
Central A/C: Up to $350
Ground-Source Heat Pumps: Up to $300/ton of new ground loop plus up to $300/ton of heating capacity installed
Air-Source Heat Pumps: $600
Ductless Mini Split Systems: up to $100/ton cooling
Duct Work Modifications: 30-75% of cost
Programmable Thermostat: $50
Attic and Sealing Insulation: 60% of cost
Sidewall Insulation: 60% of cost
Foundation Insulation: 60% of cost
Duct Insulation: 60% of cost
Rim/Band Joist Insulation: 60% of cost
Air Sealing, Caulking, and Weather-Stripping: 60% of cost
Doors: $25-$75
A solar photovoltaic (PV) system can generate power to run any electric appliance or system in your home. If you don't want to use solar power for your entire home, you can install a solar water heating system.
There are many benefits to home solar energy. You can save money, qualify for tax benefits, and reduce emissions. With the right storage equipment, solar panels can also give you additional energy security and offer some protection from power outages.
Generally speaking, your energy bills will decrease significantly after you install solar panels. This is because you're using the energy you generate for free rather than buying it from your power company. In Waterloo, the average amount someone can save is $1,641 per year. With net metering programs offered by many utilities, you could ultimately make a profit from your system when your payback period is done.
Your payback period is the time to achieve an ROI on your solar panels. It will vary based on the rate your utility charges per kilowatt of power, the average sunlight in your area, and their rated capacity. Waterloo gets quite a bit of sunlight per day, so an average payback period could last up to 16.7 years per 5 kW of capacity.
Net metering is a power purchasing policy that allows solar energy system owners to receive bill credits or payments for the amount of energy they put back into the grid. It's available in most states and is a great way to reduce energy costs.
While solar energy might not be the best option for some in wet or dark areas, the latest generation of equipment and energy storage systems could boost your property's solar viability enough to achieve a return on investment. A contractor could also recommend a different primary source of renewable energy like wind or geothermal to boost your generation.
Solar panels are gaining wider adoption for their high efficiency and low maintenance costs. Depending on how much sunlight your property receives, you may find they're the best performing source of renewable energy compared to others.