Russell Vannorsdel is vice president of Fridley Theatres, an Iowa-based company that recently built a large movie theater in Waukee with solar panels that should save money on electricity. Vannorsdel is considering adding solar panels at two more theaters, but it all comes down to the return on investment, or ROI.
“Any time there’s added cost that could reduce the ROI or not make sense to do a project, it’s something we have to factor in,” Vannorsdel says. “I do believe that legislation would end up impacting what we would do in the future.” Des Moines-based MidAmerican Energy argues the proposed fees are needed because solar users aren’t paying their fair share for maintenance of the electrical grid.
John Nielsen works for a solar installer in Decorah. He says the legislation could hurt the solar industry and the people who work in it. “The more you affect the solar industry and the jobs, it all affects Iowa,” Nielsen says. “It affects income, it affects positions in the state.”
Businesses that want to use solar panels worry this would make it take a lot longer to start saving money. The bill failed to pass in this year’s legislative session, but it could come back in 2020 because it had a lot of Republican support.
(Thanks to Katarina Sostaric, Iowa Public Radio)