At CORVUS PRO SOLAR, our goal is to make this process as transparent and “easy” as possible, a sentiment echoed by many of your neighbors in our 4.9 star Google Reviews.
Your system at a glance
14 panels, 6.44 kW, producing about 9,141 kWh a year.
Your actual roof layout from the design team.
What you pay every month, for 25 years
Orange is Corn Belt Energy, climbing 7.5% a year. Green is your loan payment, which is fixed and steps up once at month 37. It starts just under your current bill, and after that step the power bill pulls clearly ahead of it from year 5 on.
Your system
Where this lands
A loan is a fixed payment in two steps, so the years right after the step at month 37 can cost more than staying with the utility. Your power bill stays above your loan payment from year 5 on.
Year by year
Your first five years, with all 25 a click away. Corn Belt Energy escalated 7.5% annually from $119 a month. The loan payment is fixed at $116.43 for the first 36 months, then $152.81 for the remainder of the term.
| Year | Corn Belt Energy | Solar | Saved / mo | Saved / yr | Running total |
|---|---|---|---|---|---|
| 1 | $119 | $116 | $2 | $30 | $30 |
| 2 | $128 | $116 | $11 | $137 | $167 |
| 3 | $137 | $116 | $21 | $252 | $419 |
| 4 | $148 | $153 | $-5 | $-61 | $358 |
| 5 | $159 | $153 | $6 | $72 | $430 |
| 25 yr | $97,004 | $44,533 | $52,471 | $52,471 | |
| Illinois SRECs paid to you | $8,890 | $8,890 | |||
| Total 25-year savings | $61,361 | $61,361 |
View all 25 yearsShow less
| Year | Corn Belt Energy | Solar | Saved / mo | Saved / yr | Running total |
|---|---|---|---|---|---|
| 6 | $171 | $153 | $18 | $215 | $645 |
| 7 | $184 | $153 | $31 | $369 | $1,013 |
| 8 | $197 | $153 | $44 | $534 | $1,547 |
| 9 | $212 | $153 | $59 | $711 | $2,258 |
| 10 | $228 | $153 | $75 | $902 | $3,160 |
| 11 | $245 | $153 | $92 | $1,107 | $4,268 |
| 12 | $263 | $153 | $111 | $1,328 | $5,596 |
| 13 | $283 | $153 | $130 | $1,565 | $7,161 |
| 14 | $304 | $153 | $152 | $1,820 | $8,981 |
| 15 | $327 | $153 | $175 | $2,094 | $11,075 |
| 16 | $352 | $153 | $199 | $2,389 | $13,463 |
| 17 | $378 | $153 | $225 | $2,705 | $16,169 |
| 18 | $407 | $153 | $254 | $3,046 | $19,214 |
| 19 | $437 | $153 | $284 | $3,412 | $22,626 |
| 20 | $470 | $153 | $317 | $3,805 | $26,431 |
| 21 | $505 | $153 | $352 | $4,228 | $30,659 |
| 22 | $543 | $153 | $390 | $4,683 | $35,342 |
| 23 | $584 | $153 | $431 | $5,171 | $40,513 |
| 24 | $628 | $153 | $475 | $5,697 | $46,210 |
| 25 | $675 | $153 | $522 | $6,261 | $52,471 |
The fine print
- What this compares. Your current average power bill of $119 a month against your solar loan payment over 25 years. The utility is escalated at 7.5% per year. The loan payment does not escalate, it is fixed at $116.43 for months 1 to 36 and $152.81 for months 37 to 300.
- Your Illinois SRECs are included. The proposal estimates $8,890 in Illinois SRECs, which are yours because you own the system. That amount is added to the savings total above. The monthly loan payments shown are the schedule as written, so this is money you receive on top of them. SREC values are estimates and depend on the program, your production and reporting.
- Still connected to the grid. You are still connected to the utility grid and would be expected to pay a small fixed monthly rate, considered the standard connection fee.
- This is an estimate, not a contract. Production, rates and savings are projections. Nothing here is a guarantee.