SOLAR INSTALLATION AT
Iowa State Bank
25 Year Utility Savings
1,361 t CO2
Banking on the Sun
Iowa State Bank Solar Case Study
Iowa State Bank was the first financial institution in the State of Iowa to invest in clean, solar energy, with installations at two of the bank’s locations in 2013.
The installations allow Iowa State Bank to draw nearly half of its power from sunlight. The 35.95 kW solar array at the bank’s 4th Street location generates about 49 percent of the building’s total energy needs while the 28.56 kW Court Street generates 29 percent of the building’s energy needs.
Since investing in solar, Iowa State Bank has become the preferred financier of solar projects within the community.
“Our bank’s investment into solar energy sends a positive message to the community, which is a large part of what Iowa State Bank is about. We’re all for conservation, but solar also made good sense economically. At the end of the day, these investments will lower our bank’s overhead costs, which in turn will allow us to pass on the savings to our customers.”
CEO, Iowa State Bank