How Much Can Solar Save in Anchor?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$120
Current Bill/mo
$135
Est. Lease + Battery
6.3 yrs
Payback Period
$38,124
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
$120
Annual Cost
$1,440
25-Year Cost (No Solar)
$79,005
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 Anchor
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $120/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $7,776 | $5,820 |
| 25-Year Cost | $79,005 | $40,881 |
| 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
$38,124
Without Solar
With Solar
Year 1Payback Year
$1,440
$1,390
Year 5
$8,117
$1,662
Year 10
$18,980
$9,517
Year 15
$33,517
$18,362
Year 20
$52,971
$28,618
Year 25
$79,005
$40,881
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,440 | $1,390 | $50 |
| Year 2 | $2,966 | -$2,705 | $5,672 |
| Year 3 | $4,584 | -$1,274 | $5,858 |
| Year 4 | $6,299 | $182 | $6,118 |
| Year 5 | $8,117 | $1,662 | $6,455 |
| Year 6 | $10,044 | $3,170 | $6,874 |
| Year 7 | $12,087 | $4,707 | $7,380 |
| Year 8 | $14,252 | $6,276 | $7,977 |
| Year 9 | $16,547 | $7,878 | $8,669 |
| Year 10 | $18,980 | $9,517 | $9,463 |
| Year 11 | $21,559 | $11,196 | $10,364 |
| Year 12 | $24,293 | $12,916 | $11,377 |
| Year 13 | $27,190 | $14,681 | $12,509 |
| Year 14 | $30,262 | $16,495 | $13,766 |
| Year 15 | $33,517 | $18,362 | $15,156 |
| Year 16 | $36,968 | $20,284 | $16,685 |
| Year 17 | $40,627 | $22,266 | $18,361 |
| Year 18 | $44,504 | $24,312 | $20,192 |
| Year 19 | $48,614 | $26,428 | $22,186 |
| Year 20 | $52,971 | $28,618 | $24,353 |
| Year 21 | $57,590 | $30,887 | $26,702 |
| Year 22 | $62,485 | $33,242 | $29,243 |
| Year 23 | $67,674 | $35,688 | $31,986 |
| Year 24 | $73,174 | $38,232 | $34,943 |
| Year 25 | $79,005 | $40,881 | $38,124 |
Start Saving in Anchor
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Ameren Illinois rates projected to rise again next year. Lock in savings now.