How Much Can Solar Save in Andover?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$131
Current Bill/mo
$141
Est. Lease + Battery
6.7 yrs
Payback Period
$39,859
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
$131
Annual Cost
$1,572
25-Year Cost (No Solar)
$86,247
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 Andover
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $131/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-4/mo |
| 5-Year Cost | $8,489 | $6,840 |
| 25-Year Cost | $86,247 | $46,388 |
| 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
$39,859
Without Solar
With Solar
Year 1
$1,572
$1,615
Year 2Payback Year
$3,238
-$3,255
Year 5
$8,862
$1,802
Year 10
$20,720
$10,848
Year 15
$36,590
$20,959
Year 20
$57,827
$32,592
Year 25
$86,247
$46,388
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,572 | $1,615 | -$43 |
| Year 2Payback | $3,238 | -$3,255 | $6,494 |
| Year 3 | $5,005 | -$1,596 | $6,600 |
| Year 4 | $6,877 | $89 | $6,787 |
| Year 5 | $8,862 | $1,802 | $7,060 |
| Year 6 | $10,965 | $3,543 | $7,422 |
| Year 7 | $13,195 | $5,316 | $7,879 |
| Year 8 | $15,559 | $7,123 | $8,436 |
| Year 9 | $18,064 | $8,966 | $9,098 |
| Year 10 | $20,720 | $10,848 | $9,872 |
| Year 11 | $23,535 | $12,773 | $10,762 |
| Year 12 | $26,520 | $14,743 | $11,777 |
| Year 13 | $29,683 | $16,761 | $12,921 |
| Year 14 | $33,036 | $18,832 | $14,203 |
| Year 15 | $36,590 | $20,959 | $15,631 |
| Year 16 | $40,357 | $23,146 | $17,211 |
| Year 17 | $44,351 | $25,398 | $18,952 |
| Year 18 | $48,584 | $27,720 | $20,864 |
| Year 19 | $53,071 | $30,116 | $22,955 |
| Year 20 | $57,827 | $32,592 | $25,235 |
| Year 21 | $62,869 | $35,153 | $27,715 |
| Year 22 | $68,213 | $37,807 | $30,406 |
| Year 23 | $73,877 | $40,559 | $33,319 |
| Year 24 | $79,882 | $43,417 | $36,465 |
| Year 25 | $86,247 | $46,388 | $39,859 |
Start Saving in Andover
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Ameren Illinois rates projected to rise again next year. Lock in savings now.