How Much Can Solar Save in Alma?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$107
Current Bill/mo
$130
Est. Lease + Battery
6.2 yrs
Payback Period
$35,267
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
$107
Annual Cost
$1,284
25-Year Cost (No Solar)
$70,446
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Alma
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $107/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $6,934 | $5,280 |
| 25-Year Cost | $70,446 | $35,179 |
| 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
$35,267
Without Solar
With Solar
Year 1Payback Year
$1,284
$1,226
Year 5
$7,238
$1,303
Year 10
$16,924
$8,167
Year 15
$29,886
$15,841
Year 20
$47,233
$24,678
Year 25
$70,446
$35,179
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,284 | $1,226 | $58 |
| Year 2 | $2,645 | -$2,536 | $5,181 |
| Year 3 | $4,088 | -$1,276 | $5,364 |
| Year 4 | $5,617 | $3 | $5,614 |
| Year 5 | $7,238 | $1,303 | $5,935 |
| Year 6 | $8,956 | $2,624 | $6,332 |
| Year 7 | $10,778 | $3,970 | $6,808 |
| Year 8 | $12,708 | $5,341 | $7,368 |
| Year 9 | $14,755 | $6,739 | $8,016 |
| Year 10 | $16,924 | $8,167 | $8,757 |
| Year 11 | $19,224 | $9,628 | $9,596 |
| Year 12 | $21,661 | $11,123 | $10,538 |
| Year 13 | $24,245 | $12,655 | $11,590 |
| Year 14 | $26,983 | $14,226 | $12,757 |
| Year 15 | $29,886 | $15,841 | $14,045 |
| Year 16 | $32,964 | $17,502 | $15,462 |
| Year 17 | $36,225 | $19,212 | $17,014 |
| Year 18 | $39,683 | $20,975 | $18,708 |
| Year 19 | $43,348 | $22,796 | $20,552 |
| Year 20 | $47,233 | $24,678 | $22,555 |
| Year 21 | $51,351 | $26,626 | $24,725 |
| Year 22 | $55,716 | $28,645 | $27,071 |
| Year 23 | $60,343 | $30,739 | $29,603 |
| Year 24 | $65,247 | $32,915 | $32,332 |
| Year 25 | $70,446 | $35,179 | $35,267 |
Start Saving in Alma
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Ameren Illinois rates projected to rise again next year. Lock in savings now.