Increasing Solar Energy Access in Iowa
For more than 35 years, the non-profit organization Urban Dreams has been a trusted source of support for the underserved communities in Iowa’s capital city, Des Moines. It provides workforce training, mental health counseling, police-community relations and a wide range of other human service programs, living up to its slogan of “Here to Help!”
Like all non-profits, Urban Dreams aims to spend as much of its money as possible on direct services. So Izaah Knox, the group’s executive director, was happy to cut the ribbon on a new solar array at the organization’s headquarters in Des Moines.
The solar installation will save Urban Dreams $3,200 a year in energy costs, money the organization is now free to reinvest in its people, mission and programming. The Urban Dreams project is one of more than sixty solar installations supported through the Grow Solar Polk County program, of which The Nature Conservancy in Iowa is a lead partner.
“Urban Dreams will benefit from the solar power generated on our roof, and the community will benefit from the resources we can save to give back to those in need,” Knox said at the ribbon-cutting ceremony in November 2023.
Making this deal even sweeter is a provision of the Inflation Reduction Act (IRA), which created a clean energy incentive by extending to non-profits the federal Investment Tax Credit on projects like solar or geothermal heat pumps. In the past, only homeowners and businesses (not nonprofits, given that they don’t pay taxes) could benefit from the tax credit.
Thanks to the IRA, Urban Dreams will be reimbursed a guaranteed 30% of the project cost with the added prospect of securing an extra 10% as a qualified low-income community project, culminating in a project that benefits the planet, Urban Dreams and the people of Des Moines alike.