How Much Can Solar Save in Lake Ka-Ho?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$111
Current Bill/mo
$129
Est. Lease + Battery
7.4 yrs
Payback Period
$29,907
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
6 kW System
$17,400
$9,595
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005
With vs Without Solar in Lake Ka-Ho
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $111/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-15/mo |
| 5-Year Cost | $7,193 | $6,300 |
| 25-Year Cost | $73,080 | $43,173 |
| 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
$29,907
Without Solar
With Solar
Year 1
$1,332
$1,506
Year 2Payback Year
$2,744
-$2,972
Year 5
$7,509
$1,746
Year 10
$17,557
$10,183
Year 15
$31,004
$19,598
Year 20
$48,998
$30,403
Year 25
$73,080
$43,173
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,332 | $1,506 | -$174 |
| Year 2Payback | $2,744 | -$2,972 | $5,716 |
| Year 3 | $4,241 | -$1,423 | $5,664 |
| Year 4 | $5,827 | $149 | $5,678 |
| Year 5 | $7,509 | $1,746 | $5,762 |
| Year 6 | $9,291 | $3,371 | $5,920 |
| Year 7 | $11,181 | $5,024 | $6,156 |
| Year 8 | $13,183 | $6,709 | $6,474 |
| Year 9 | $15,306 | $8,428 | $6,878 |
| Year 10 | $17,557 | $10,183 | $7,374 |
| Year 11 | $19,942 | $11,976 | $7,966 |
| Year 12 | $22,471 | $13,812 | $8,659 |
| Year 13 | $25,151 | $15,691 | $9,460 |
| Year 14 | $27,992 | $17,619 | $10,373 |
| Year 15 | $31,004 | $19,598 | $11,405 |
| Year 16 | $34,196 | $21,632 | $12,564 |
| Year 17 | $37,580 | $23,725 | $13,854 |
| Year 18 | $41,166 | $25,882 | $15,284 |
| Year 19 | $44,968 | $28,106 | $16,862 |
| Year 20 | $48,998 | $30,403 | $18,595 |
| Year 21 | $53,270 | $32,778 | $20,492 |
| Year 22 | $57,799 | $35,236 | $22,562 |
| Year 23 | $62,598 | $37,784 | $24,815 |
| Year 24 | $67,686 | $40,427 | $27,259 |
| Year 25 | $73,080 | $43,173 | $29,907 |
Start Saving in Lake Ka-Ho
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