The statute names two utilities
Senate File 583, codified at Iowa Code Section 476.49, requires Interstate Power and Light and MidAmerican Energy to file tariffs using a net billing or inflow-outflow method. Those are the two large investor-owned utilities.
Municipal electric utilities and rural electric cooperatives are governed differently. They set their own rates and their own rules for customer generation rather than filing under that section.
That can cut either way. A municipal utility may compensate exports more generously than the investor-owned tariffs or less, may cap system sizes differently, and may charge different interconnection fees.
What it always means is that a quote built from a statewide Iowa template is describing terms that may not apply to your address. Check the utility name on a recent bill before reading any figure in a proposal.
The questions for your own utility
Ask how exported electricity is compensated and at what rate, and whether generation is netted across a billing period or tracked separately as inflow and outflow.
Ask whether excess credits carry forward, whether they expire, and if so on what date. An annual forfeit changes how a system should be sized; the absence of one changes it back.
Ask what system size limits apply, what the interconnection application involves, what it costs and how long approval typically takes.
Ask whether the utility runs any programme of its own for solar customers and whether any solar-specific charge applies. Get the answers in writing from the utility rather than from a sales conversation.
What still applies regardless of utility
The Iowa sales tax exemption on solar equipment is a state provision and applies wherever you are, so the tax should be absent from your quoted price.
The five-year property tax exemption on the added value of the system is likewise a state provision, administered through your county assessor.
The expiry of both tax credits applies statewide too: the Iowa credit for residential installations completed after December 31, 2021, and the federal credit for property placed in service after December 31, 2025.
So the split is clean. State-level items can be checked against state rules; everything about export compensation, size limits and interconnection has to come from your own utility.
The pieces to separate in a projection
The 30 percent federal Residential Clean Energy Credit under Section 25D expired for property placed in service after December 31, 2025, and the Iowa solar tax credit expired for residential installations completed after December 31, 2021.
Section 48E survives at 30 percent for third-party owners under leases and power purchase agreements, so ask what a provider claims and what reaches you in the rate.
Add the state sales tax exemption and the five-year property tax exemption, both of which apply regardless of utility.
Then establish your own utility export terms, size limits and interconnection process, and ask for the projection rebuilt from those rather than from the investor-owned utility tariffs.