How Much Can Solar Save in Allendale?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$117
Current Bill/mo
$133
Est. Lease + Battery
6.4 yrs
Payback Period
$36,605
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
$117
Annual Cost
$1,404
25-Year Cost (No Solar)
$77,030
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 Allendale
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $117/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $7,582 | $5,820 |
| 25-Year Cost | $77,030 | $40,425 |
| 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
$36,605
Without Solar
With Solar
Year 1Payback Year
$1,404
$1,383
Year 5
$7,914
$1,626
Year 10
$18,506
$9,426
Year 15
$32,679
$18,190
Year 20
$51,647
$28,330
Year 25
$77,030
$40,425
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,404 | $1,383 | $21 |
| Year 2 | $2,892 | -$2,718 | $5,611 |
| Year 3 | $4,470 | -$1,294 | $5,764 |
| Year 4 | $6,142 | $154 | $5,988 |
| Year 5 | $7,914 | $1,626 | $6,289 |
| Year 6 | $9,793 | $3,124 | $6,669 |
| Year 7 | $11,785 | $4,651 | $7,134 |
| Year 8 | $13,896 | $6,209 | $7,687 |
| Year 9 | $16,134 | $7,800 | $8,334 |
| Year 10 | $18,506 | $9,426 | $9,079 |
| Year 11 | $21,020 | $11,091 | $9,929 |
| Year 12 | $23,685 | $12,796 | $10,889 |
| Year 13 | $26,511 | $14,546 | $11,965 |
| Year 14 | $29,505 | $16,343 | $13,162 |
| Year 15 | $32,679 | $18,190 | $14,489 |
| Year 16 | $36,044 | $20,093 | $15,952 |
| Year 17 | $39,611 | $22,053 | $17,558 |
| Year 18 | $43,392 | $24,077 | $19,315 |
| Year 19 | $47,399 | $26,167 | $21,232 |
| Year 20 | $51,647 | $28,330 | $23,317 |
| Year 21 | $56,150 | $30,571 | $25,579 |
| Year 22 | $60,923 | $32,894 | $28,029 |
| Year 23 | $65,982 | $35,307 | $30,675 |
| Year 24 | $71,345 | $37,815 | $33,530 |
| Year 25 | $77,030 | $40,425 | $36,605 |
Start Saving in Allendale
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Ameren Illinois rates projected to rise again next year. Lock in savings now.