How Much Can Solar Save in Nokomis?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$116
Current Bill/mo
$133
Est. Lease + Battery
6.5 yrs
Payback Period
$35,925
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
5.5 kW System
$15,950
$8,795
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$5,505
With vs Without Solar in Nokomis
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $7,517 | $5,820 |
| 25-Year Cost | $76,371 | $40,446 |
| 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
$35,925
Without Solar
With Solar
Year 1Payback Year
$1,392
$1,385
Year 5
$7,847
$1,632
Year 10
$18,348
$9,440
Year 15
$32,400
$18,210
Year 20
$51,206
$28,353
Year 25
$76,371
$40,447
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,392 | $1,385 | $7 |
| Year 2 | $2,868 | -$2,716 | $5,583 |
| Year 3 | $4,432 | -$1,290 | $5,721 |
| Year 4 | $6,089 | $159 | $5,930 |
| Year 5 | $7,847 | $1,632 | $6,214 |
| Year 6 | $9,710 | $3,132 | $6,577 |
| Year 7 | $11,684 | $4,661 | $7,023 |
| Year 8 | $13,777 | $6,220 | $7,557 |
| Year 9 | $15,996 | $7,812 | $8,184 |
| Year 10 | $18,348 | $9,440 | $8,908 |
| Year 11 | $20,841 | $11,106 | $9,735 |
| Year 12 | $23,483 | $12,812 | $10,671 |
| Year 13 | $26,284 | $14,563 | $11,721 |
| Year 14 | $29,253 | $16,361 | $12,892 |
| Year 15 | $32,400 | $18,210 | $14,190 |
| Year 16 | $35,736 | $20,113 | $15,623 |
| Year 17 | $39,272 | $22,074 | $17,198 |
| Year 18 | $43,021 | $24,098 | $18,922 |
| Year 19 | $46,994 | $26,190 | $20,804 |
| Year 20 | $51,206 | $28,353 | $22,852 |
| Year 21 | $55,670 | $30,594 | $25,076 |
| Year 22 | $60,402 | $32,917 | $27,485 |
| Year 23 | $65,418 | $35,330 | $30,088 |
| Year 24 | $70,735 | $37,837 | $32,898 |
| Year 25 | $76,371 | $40,447 | $35,925 |
Start Saving in Nokomis
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