How Much Can Solar Save in Altona?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$119
Current Bill/mo
$134
Est. Lease + Battery
7.4 yrs
Payback Period
$32,450
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
$119
Annual Cost
$1,428
25-Year Cost (No Solar)
$78,347
Your Solar Investment
6.5 kW System
$18,850
$10,394
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506
With vs Without Solar in Altona
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $119/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-16/mo |
| 5-Year Cost | $7,711 | $6,840 |
| 25-Year Cost | $78,347 | $45,897 |
| 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
$32,450
Without Solar
With Solar
Year 1
$1,428
$1,616
Year 2Payback Year
$2,942
-$3,253
Year 5
$8,050
$1,801
Year 10
$18,822
$10,820
Year 15
$33,238
$20,860
Year 20
$52,530
$32,350
Year 25
$78,347
$45,897
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,428 | $1,616 | -$188 |
| Year 2Payback | $2,942 | -$3,253 | $6,195 |
| Year 3 | $4,546 | -$1,593 | $6,139 |
| Year 4 | $6,247 | $91 | $6,156 |
| Year 5 | $8,050 | $1,801 | $6,249 |
| Year 6 | $9,961 | $3,540 | $6,421 |
| Year 7 | $11,986 | $5,309 | $6,678 |
| Year 8 | $14,134 | $7,110 | $7,024 |
| Year 9 | $16,410 | $8,946 | $7,463 |
| Year 10 | $18,822 | $10,820 | $8,002 |
| Year 11 | $21,380 | $12,735 | $8,645 |
| Year 12 | $24,090 | $14,693 | $9,397 |
| Year 13 | $26,964 | $16,697 | $10,266 |
| Year 14 | $30,010 | $18,752 | $11,258 |
| Year 15 | $33,238 | $20,860 | $12,379 |
| Year 16 | $36,660 | $23,025 | $13,635 |
| Year 17 | $40,288 | $25,252 | $15,036 |
| Year 18 | $44,133 | $27,546 | $16,588 |
| Year 19 | $48,209 | $29,910 | $18,299 |
| Year 20 | $52,530 | $32,350 | $20,180 |
| Year 21 | $57,110 | $34,872 | $22,238 |
| Year 22 | $61,964 | $37,481 | $24,483 |
| Year 23 | $67,110 | $40,184 | $26,926 |
| Year 24 | $72,565 | $42,987 | $29,578 |
| Year 25 | $78,347 | $45,897 | $32,450 |
Start Saving in Altona
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