Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
State income tax credit for Iowa businesses and individuals installing renewable energy systems including wind, solar, biomass, and biogas. Credit equals 30% of eligible costs for small systems and a production-based credit for larger commercial wind and solar installations.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.System must be installed in Iowa
2.Eligible: solar, wind, biomass, biogas, geothermal
3.Small systems (residential/commercial <500 kW): 30% credit on eligible costs
4.Larger commercial systems: production-based credit
5.Unused credit may be carried forward 10 years
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
DOE · United States
30% investment tax credit for qualifying advanced energy manufacturing projects, including EV components, solar and wind equipment, energy storage, and grid infrastructure. Part of the Inflation Reduction Act's $10 billion allocation to reindustrialize domestic clean energy supply chains.