DUBUQUE, Iowa (AP) — Officials in Dubuque are proposing a pilot program to help low- to moderate-income residents install solar panels on their homes.
The program will be discussed during Tuesday's city council meeting. According to city memos and supporting documents, the city has budgeted nearly $41,000 for the project, which would install panels on 10 homes.
The cost of installing the panels would be about $10,000, but with tax credits, grants and the sale of energy credits, homeowners would pay about $2,600, according to council documents. Households would save from $800 to $1,000 annually in energy costs.
The city also would create a market for solar energy credits. The city would pay homeowners in the program to cover the costs of the credits and claim them as part of its effort to reduce community greenhouse gas emissions by 50% by 2030.