By a vote of 49-1, the Iowa Senate has passed S.F.516, which provides tax credits for the installation of solar energy and wind energy systems.
According to the bill's text, the credits would be limited to 30% of installation costs, or $15,000 for a commercial project and $5,000 for a residential project.
Favorable policy measures, such as this legislation, were recently cited as crucial for building a strong solar market in Iowa.
For more information on the legislation, click here.
SOURCE: Iowa Legislature