Fair Rate: NREL

Solar Panel Cost & Savings in Scott County, IL

A typical 6 kW home solar system in Scott County pays back in 12.1 years and saves an estimated $25,463 over 25 years after the federal tax credit.

Solar production
8,418kWh / yr
from a 6 kW system
Sun factor +5% vs. national median
Avg system cost (after 30% ITC) $12,600 $18,000 before credit
Annual savings $1,044 at 12.4¢/kWh
Payback period 12.1yrs Fair Solar Value
25-year savings $25,463 3%/yr rate escalation

Savings calculator

Tuned to Scott County, IL
Your estimate
Fair
System size11.0kW
Net cost (after ITC)$23,176
Annual savings$1,920
Payback12.1yrs
Est. $46,826 saved over 25 years.
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Is solar worth it in Scott County?

Scott County sits 5% above the national median for solar production, and homes here pay 12.4¢ per kWh. That combination puts payback at about 12.1 years — a Fair Solar Value.

Because the 30% federal tax credit applies through 2032, a system installed now is credited $5,400, dropping the net cost to $12,600. Over 25 years, escalating utility rates push estimated savings to $25,463.

30% federal ITC 6 kW reference system $3.00 / watt

Frequently asked

What's the payback period for solar in Scott County?

At Scott County's electricity rate of 12.4¢/kWh and local sun levels, a typical 6 kW system pays for itself in about 12.1 years after the 30% federal tax credit — a "Fair" Solar Value rating.

How much does solar cost in Scott County after the tax credit?

A 6 kW reference system runs about $18,000 gross. The 30% federal Investment Tax Credit brings the net cost down to roughly $12,600 before any state or local incentives.

Is solar worth it at 12.4¢/kWh?

Yes — higher rates and good sun mean every kWh you generate offsets more, shortening payback and growing 25-year savings. Estimated 25-year savings: $25,463.

Does Illinois have net metering?

Net-metering rules vary by utility and change over time. Many Illinois utilities credit excess generation, which improves these economics. Confirm current terms with a local installer when you compare quotes.

Where does this estimate come from?

Production is modeled from NREL PVWatts v8 for Scott County (sun factor +5% vs. the national median), and the electricity rate from NREL Utility Rates v3. Updated June 2026.

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Estimates for Scott County, Illinois are modeled from NREL PVWatts v8 (production) and NREL Utility Rates v3 (rate). Not affiliated with NREL, DOE or EIA · not financial advice · last updated June 2026.