The wind where you are: Cedar Rapids, Iowa


The wind where you are: Cedar Rapids, Iowa

Cedar Rapids, Iowa, also known as the “City of Five Seasons,” is the second largest city in Iowa and lies on both banks of the Cedar River. The city is home to nearly 126,400 residents, and is a flourishing center for arts and culture.

Cedar Ridge Vineyards, an award-winning winery located in Cedar Rapids, has turned to wind energy to supplement their energy needs. The Skystream 3.7, a personal wind turbine by Southwest Windpower, helps to power the family-owned winery and distillery.

Iowa is a national leader in the wind industry, with the second most installed wind capacity of any state. Their wind resource is ranked 7th in the U.S., according to a resource assessment from the National Renewable Energy Lab. The average wind speed in Cedar Rapids is 8.1 mph.

In addition to a 30 percent federal tax credit available to qualified customers, Iowa’s state government offers many incentives and policies for renewable energy use, including:

  • Renewable Energy Production Tax Credit – a corporate tax credit for 1.5 cents/kWh (IA Code 476C) or 1.0 cents/kWh (IA Code 476B) for 10 years after the facility begins producing energy
  • Special Assessment of Wind Energy Devices – a local option, property tax incentive applicable to commercial, industrial, residential and agricultural sectors
  • Property Tax Exemption for Renewable Energy Systems – a 100 percent exemption for 5 years for commercial, industrial, residential and agricultural sectors
  • Wind and Solar Energy Equipment Exemption – a sales tax incentive for 100 percent of the sales tax, applicable to commercial, residential, agricultural, general public or consumer sectors
  • Alternative Energy Revolving Loan Program – a state loan program for 50 percent of the financed project cost, applicable to commercial, industrial, residential and utility sectors

To find out if wind is right for you, get Southwest Windpower’s free evaluation at http://www.windenergy.com/assessment.


Share this page: