How Much Can Solar Save in Kewanee?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$111
Current Bill/mo
$128
Est. Lease + Battery
6.3 yrs
Payback Period
$34,107
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
$111
Annual Cost
$1,332
25-Year Cost (No Solar)
$73,080
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 Kewanee
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $111/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$3/mo |
| 5-Year Cost | $7,193 | $5,280 |
| 25-Year Cost | $73,080 | $38,973 |
| 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
$34,107
Without Solar
With Solar
Year 1Payback Year
$1,332
$1,297
Year 5
$7,509
$1,700
Year 10
$17,557
$9,093
Year 15
$31,004
$17,467
Year 20
$48,998
$27,235
Year 25
$73,080
$38,972
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,332 | $1,297 | $35 |
| Year 2 | $2,744 | -$2,390 | $5,134 |
| Year 3 | $4,241 | -$1,051 | $5,292 |
| Year 4 | $5,827 | $312 | $5,515 |
| Year 5 | $7,509 | $1,700 | $5,808 |
| Year 6 | $9,291 | $3,116 | $6,175 |
| Year 7 | $11,181 | $4,560 | $6,620 |
| Year 8 | $13,183 | $6,037 | $7,147 |
| Year 9 | $15,306 | $7,547 | $7,760 |
| Year 10 | $17,557 | $9,093 | $8,464 |
| Year 11 | $19,942 | $10,678 | $9,264 |
| Year 12 | $22,471 | $12,305 | $10,166 |
| Year 13 | $25,151 | $13,976 | $11,175 |
| Year 14 | $27,992 | $15,696 | $12,296 |
| Year 15 | $31,004 | $17,467 | $13,536 |
| Year 16 | $34,196 | $19,294 | $14,902 |
| Year 17 | $37,580 | $21,179 | $16,400 |
| Year 18 | $41,166 | $23,128 | $18,038 |
| Year 19 | $44,968 | $25,145 | $19,823 |
| Year 20 | $48,998 | $27,235 | $21,763 |
| Year 21 | $53,270 | $29,403 | $23,867 |
| Year 22 | $57,799 | $31,655 | $26,144 |
| Year 23 | $62,598 | $33,996 | $28,603 |
| Year 24 | $67,686 | $36,433 | $31,254 |
| Year 25 | $73,080 | $38,972 | $34,107 |
Start Saving in Kewanee
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