How Much Can Solar Save in Kane?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$116
Current Bill/mo
$132
Est. Lease + Battery
6.1 yrs
Payback Period
$37,051
25-Year Savings
What You're Paying Now
Without solar, here's what Ameren Illinois electricity will cost you over time at 6% annual rate increases.
Monthly Bill
$116
Annual Cost
$1,392
25-Year Cost (No Solar)
$76,371
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Kane
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,517 | $5,280 |
| 25-Year Cost | $76,371 | $39,320 |
| Rate Control | None — utility sets rates | Fixed at $0.10/kWh (avg.) for 15 years |
| Home Value Impact | None | +$15,000–$25,000 (tax-exempt) |
Your Solar Savings Over Time
Estimated 25-Year Total Savings
$37,051
Without Solar
With Solar
Year 1Payback Year
$1,392
$1,299
Year 5
$7,847
$1,716
Year 10
$18,348
$9,141
Year 15
$32,400
$17,572
Year 20
$51,206
$27,433
Year 25
$76,371
$39,320
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,392 | $1,299 | $93 |
| Year 2 | $2,868 | -$2,386 | $5,253 |
| Year 3 | $4,432 | -$1,043 | $5,475 |
| Year 4 | $6,089 | $323 | $5,766 |
| Year 5 | $7,847 | $1,716 | $6,131 |
| Year 6 | $9,710 | $3,136 | $6,573 |
| Year 7 | $11,684 | $4,587 | $7,097 |
| Year 8 | $13,777 | $6,069 | $7,708 |
| Year 9 | $15,996 | $7,586 | $8,409 |
| Year 10 | $18,348 | $9,141 | $9,207 |
| Year 11 | $20,841 | $10,735 | $10,106 |
| Year 12 | $23,483 | $12,372 | $11,111 |
| Year 13 | $26,284 | $14,054 | $12,229 |
| Year 14 | $29,253 | $15,787 | $13,466 |
| Year 15 | $32,400 | $17,572 | $14,829 |
| Year 16 | $35,736 | $19,413 | $16,323 |
| Year 17 | $39,272 | $21,316 | $17,957 |
| Year 18 | $43,021 | $23,283 | $19,737 |
| Year 19 | $46,994 | $25,321 | $21,673 |
| Year 20 | $51,206 | $27,433 | $23,772 |
| Year 21 | $55,670 | $29,626 | $26,044 |
| Year 22 | $60,402 | $31,905 | $28,497 |
| Year 23 | $65,418 | $34,275 | $31,143 |
| Year 24 | $70,735 | $36,745 | $33,990 |
| Year 25 | $76,371 | $39,320 | $37,051 |
Start Saving in Kane
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