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Iowa Renewable Energy Tax Credit

Iowa Department of Revenue (IDR)IA-RETCRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Production tax credits for Iowa wind, solar, biomass, and hydroelectric energy projects, providing a per-kilowatt-hour credit on electricity produced and sold from qualifying renewable energy facilities.

Key Requirements & Eligibility

  • 1Facility must generate electricity from wind, solar, biomass, or hydroelectric sources
  • 2Energy must be produced and sold in Iowa
  • 3Credit: 1.0¢ per kWh for wind; 1.5¢ per kWh for solar and other qualifying sources
  • 4Credit period: 10 years from date facility begins commercial operation
  • 5Must register facility with Iowa Department of Revenue before claiming credit

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Facility must generate electricity from wind, solar, biomass, or hydroelectric sources

2.Energy must be produced and sold in Iowa

3.Credit: 1.0¢ per kWh for wind; 1.5¢ per kWh for solar and other qualifying sources

4.Credit period: 10 years from date facility begins commercial operation

5.Must register facility with Iowa Department of Revenue before claiming credit

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