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Save Money with Energy Rebates and Tax Credits for Home Improvements in Iowa

Writer's picture: Kaylyn  ChristiansonKaylyn Christianson

Computer with energy savings

As homeowners in Central Iowa consider remodeling projects, incorporating energy efficiency not only enhances comfort and aesthetics but also offers significant financial incentives through rebates. There's a whole world of opportunities to upgrade your home while benefiting from cost-saving rebates on a variety of improvements. But how do you offset the initial investment? Enter: home rebate programs...


Below, you'll find an organized list by city detailing the various energy efficiency rebate programs available for homeowners in Central Iowa. This comprehensive guide is designed to help you navigate through the rebates, ensuring you can take full advantage of the financial incentives offered for enhancing your home's energy efficiency through remodeling projects.


Learn how you can save on your next project!


Iowa Energy & Infrastructure Funding Hub

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Heat Pump

A heat pump is a single electric appliance that can replace both your traditional air conditioner and home heating system, like a furnace or boiler.

Up to $8,000

Heat pump water heater

Heat pump water heaters (HPWHs) are similar to heat pumps for space heating, except they produce hot water instead of hot air.

Up to $1,750

Electrical Panel

Upgraded electrical panels themselves won’t save you money, but they will enable other upgrades — like heat pumps and electric vehicles — that will save you money!

Up to $4,000

Electric wiring updates

Electrical wiring is a critical enabling step for whole-home electrification. While some electric appliances can plug into a normal outlet, many others require 240V outlets. This is especially important for EV chargers, induction stoves, and most heat pumps and heat pump water heaters.

Up to $2,500

Electric or Induction Cooktop

The term “electric stove” (or “range” or “cooktop”) includes both traditional electric resistance stoves and modern electric induction stoves. These technologies are quite different, but what matters is that neither burns methane gas inside your home to create heat.

Up to $840

Heat pump clothes heater

Like heat pumps for space and water heating, heat pump clothes dryers are more efficient than their traditional counterparts, which translates to utility bill savings — and they don't burn fossil fuels!

Up to $840

Weatherization

Weatherization refers to a series of steps you can take to reduce the amount of energy required to heat and cool your home. Weatherization may involve air sealing, insulation, door and window upgrades, and ventilation improvements.

Up to $1,600


Residential solar, wind, geothermal and battery storage tax credit

This Investment Tax Credit (ITC) reduces the cost of installing residential solar PV systems, small wind turbines, geothermal and battery storage. Starting in 2023, this credit can also be applied to standalone battery storage installed without solar.


Energy Efficiency home

A 30% tax credit on energy-efficiency home improvements such as insulation, air sealing, installation of energy-efficient doors and windows, and more.improvement tax credit.


Home energy performance-based whole house rebates (homes)

The Department of Energy will send funds to state energy offices to implement a HOMES rebate program to provide rebates to homeowners and aggregators for whole-house energy saving retrofits


And more!






Alliant Energy




Alliant Energy Savings

Alliant energy savings assessment

Find ways to make your home more comfortable, efficient and enjoyable with our free online home energy assessment.  Find ways to improve your home’s efficiency and lower your energy bill.




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and more! See the full list of savings here. Visit their online store for further savings here.



Mid American Energy


MidAmerican Energy Savings

Save money right away when you purchase equipment from qualified dealers and installers!

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Discounts available for qualifying models of:

  • Air-source heat pumps

  • Central air conditioners

  • Ductless split heat pumps

  • Geothermal heat pumps

  • Heat pump water heaters

  • Natural gas furnaces

  • Smart Thermostats





Home Energy Rebate Programs: The Department of Energy's Home Energy Rebates, part of the Inflation Reduction Act, offer a significant opportunity to lower energy costs through energy efficiency and electrification projects. Iowa is expected to receive over $120 million for the HOMES Rebate Program and High-Efficiency Electric Home Rebates (HEEHRA), focusing on energy efficiency retrofits and electric efficiency projects ​​.




Weatherization Assistance Program (WAP): Aimed at low-income households, WAP provides services to enhance energy efficiency, leading to significant annual savings. These upgrades improve living conditions and reduce energy bills​​​​.




Energ- Efficient Mortgages and Loans: Programs like HUD's 203(k) rehabilitation mortgage insurance program allow homebuyers and homeowners to finance home repairs and improvements, making it easier to invest in energy-efficient upgrades​​​​.




Insulation and Energy Efficient Home Improvement Tax Credits: Available through ENERGY STAR and the IRS, these credits offer financial incentives for making energy-efficient home improvements, including insulation and the installation of energy-efficient windows, doors, and skylights​​​​.





Ready to transform your home and save big on energy bills? Dive into the world of energy efficiency with rebates, tax credits, and savings programs tailored for your home improvement projects.



Whether you're upgrading to energy-efficient windows, bolstering your insulation, or installing solar panels, financial assistance is at your fingertips. Don't let this opportunity slip away! Contact us today and make your home a model of sustainability and savings!


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