Net Metering by State

What your electric utility actually pays for exported solar power.

Iowa solar export compensation

What Iowa pays for exported rooftop solar power, with the source and the date each figure was checked.

Record verified 2026-09-16 · 16 of 17 fields sourced

What does your utility pay?

No single rate — formula based

Rate IO outflow purchase rate: applicable retail volumetric rate, including applicable kWh-based adjustment clauses and riders; Rate QF purchases are under the utility’s avoided-cost tariff.

MidAmerican Energy · Iowa

Effective Rate IO effective November 24, 2020; current Iowa electric tariff PDF checked 2026-09-16.

Rate IO credits dollar outflow credits against applicable volumetric charges; unused credits carry through the annual period and are not required to be converted to cash.

Source: midamericanenergy.com

Full MidAmerican Energy detail →

Iowa does not use one statewide retail-rate net-metering tariff. Under 199 IAC 15.10(3), utilities must offer net metering or inflow-outflow billing for qualifying alternate-energy facilities, while Iowa Code section 476.49 supplies the method-specific credit, annual cash-out, and twenty-year rate framework. MidAmerican and Interstate Power and Light (Alliant) publish inflow-outflow tariffs; their excess-credit and avoided-cost treatment differs by tariff and customer vintage. Black Hills Energy’s Iowa regulatory materials reviewed here are gas-only, so no Iowa electric export tariff was identified for that company.

Program details

Compensation mechanismIowa requires each utility to offer either net metering or inflow-outflow billing for an alternate energy production facility; a facility may instead choose a purchase-and-sale arrangement at the tariffed rate.
Export rateThere is no single statewide dollar rate. Under the current inflow-outflow method, the outflow purchase rate is the applicable retail volumetric rate until a value-of-solar methodology is approved; net-billing excess is cashed out at the utility avoided-cost rate.
Rate effectiveThe current IAC chapter 15 text states the net-metering rule is effective July 16, 2025; MidAmerican Rate IO is effective November 24, 2020, and IPL Rate IO is approved effective December 30, 2020.
Credit rolloverYes, but method-specific: net-billing kWh credits may offset future billing periods, and inflow-outflow dollar credits may offset future volumetric charges during the annual period.
Credit expirationNet-billing excess kWh remaining after twelve months is cashed out at avoided cost. Inflow-outflow credits last until the end of the annual period; excess credits are forfeited rather than converted to cash.
Annual true-upThe customer chooses January or April at interconnection for the annual cash-out/annual period.
Residential system capNo uniform statewide residential nameplate cap is stated in the reviewed rule; Iowa instead requires the tariffed method selected by each utility. Utility limits apply: IPL inflow-outflow eligibility is up to 1 MW AC and up to 110% of annual usage, while MidAmerican’s Rate IO uses the same statutory retail-rate framework.
Commercial system capNo uniform statewide commercial nameplate cap is stated in the reviewed rule. IPL limits its inflow-outflow tariff to 1 MW AC and 110% of annual usage; generation above those limits is handled under the tariff’s avoided-cost provisions.
Aggregate program capNo statewide net-metering enrollment cap is identified. Iowa Code section 476.44 separately limits the mandatory purchase obligation for alternate-energy facilities to each utility’s share of 105 MW; that is a PURPA purchase-obligation limit, not a net-metering program cap.
Program statusThe statewide framework is open in the sense that each utility must offer net metering or inflow-outflow billing, subject to facility and tariff eligibility; no statewide closed/full status is stated.
RegulatorThe Iowa Utilities Commission (formerly Iowa Utilities Board) approves the utility tariffs and oversees the applicable electric rules.
DocketThe IUC lists MidAmerican Rate IO under Docket TF-2020-0235 and IPL Inflow-Outflow DG Billing under TF-2020-0237; IPL’s net-metering pilot revisions are TF-2020-0238.
Governing ruleIowa Code sections 476.43, 476.44, and 476.49, together with 199 IAC 15.5 and 199 IAC 15.10(3), govern qualifying-facility purchases and distributed-generation billing.
GrandfatheringThe inflow-outflow purchase rate continues for twenty years for an eligible facility. IPL’s tariff also states that its older Net Metering Pilot is frozen to existing customers at existing locations with interconnection agreements.
Interconnection applicationThe customer must use the utility’s interconnection process and written tariff agreement; IPL requires an interconnection plan for approval and the application must include a schematic, equipment specifications, and proposed interconnection date.
Interconnection timelineNot yet verified
Pending changeNo currently pending statewide value-of-solar docket was identified in the reviewed IUC materials. Iowa Code section 476.49 requires the Commission to initiate a value-of-solar proceeding after July 1, 2027, or when statewide distributed-generation penetration reaches five percent, whichever is earlier.

Rates by utility

State rules set the framework. Individual utilities often pay something different, and where they do the utility tariff governs.

MidAmerican EnergyRate IO outflow purchase rate: applicable retail volumetric rate, including applicable kWh-based adjustment clauses and riders; Rate QF purchases are under the utility’s avoided-cost tariff.
Rate IO effective November 24, 2020; current Iowa electric tariff PDF checked 2026-09-16.
Rate IO credits dollar outflow credits against applicable volumetric charges; unused credits carry through the annual period and are not required to be converted to cash.
Interstate Power and Light (Alliant Energy)Inflow-Outflow Rate Code IO: retail volumetric rate, including applicable volumetric rider charges; excess under the legacy Net Metering Pilot cashes out at the avoided-cost CSPP rate.
IPL Rate IO approved December 30, 2020; current CSPP sheet effective September 1, 2026.
IO eligibility is up to 1 MW AC and 110% of annual usage; excess credits are handled at the annual January-or-April period.
Black Hills EnergyNo Iowa electric export rate identified; Black Hills Energy’s reviewed Iowa regulatory tariff page publishes Iowa gas tariff documents.
Iowa rates page checked 2026-09-16.
Black Hills Energy appears in Iowa as a gas utility in the reviewed Iowa regulatory materials; the interconnection tariff found in search results is for Colorado/South Dakota, not Iowa electric service.

Sources read for this record

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