City of Dubuque leaders are proposing a program to help low- to moderate-income residents install solar panels on their homes.
Dubuque City Council members at their Tuesday, July 6, meeting will consider the Renew DBQ pilot project to install the panels on 10 homes — saving residents money in the long run and helping the city toward its greenhouse gas reduction goals.
“We’re really just trying to refine how we approach reducing the energy burden for families while also enjoying the economic and environmental benefits,” said Gina Bell, the city’s sustainable community coordinator.
Under the pilot, city staff would work with entities such as Dubuque County Energy District and local solar installers to identify interested low- to moderate-income homeowners in the downtown urban renewal district to install solar panels at an average size of about 5 kilowatts per household.
The total cost to install 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 about $800 to $1,000 annually in energy costs and about $30,000 over the 25-year lifespan of the solar panels.
“If you’re paying 10% of your income to your energy bill, and that lowers, then we’re hoping people have some extra money to put toward other purchases or needs,” Bell said.
The city would create a market for solar renewable 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.
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