How Much Can Solar Save in Armington?

Real numbers based on current Ameren Illinois rates and Illinois incentives.

$119
Current Bill/mo
$136
Est. Lease + Battery
7.2 yrs
Payback Period
$34,578
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 Armington

MetricWithout SolarWith Solar
Monthly Cost$119/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-12/mo
5-Year Cost$7,711$6,840
25-Year Cost$78,347$43,769
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$34,578

Without Solar
With Solar
Year 1
$1,428
$1,574
Year 2Payback Year
$2,942
-$3,339
Year 5
$8,050
$1,568
Year 10
$18,822
$10,283
Year 15
$33,238
$19,926
Year 20
$52,530
$30,898
Year 25
$78,347
$43,769
YearWithout SolarWith SolarCumulative Savings
Year 1$1,428$1,574-$146
Year 2Payback$2,942-$3,339$6,280
Year 3$4,546-$1,726$6,272
Year 4$6,247-$90$6,337
Year 5$8,050$1,568$6,482
Year 6$9,961$3,252$6,709
Year 7$11,986$4,964$7,023
Year 8$14,134$6,704$7,429
Year 9$16,410$8,477$7,933
Year 10$18,822$10,283$8,539
Year 11$21,380$12,127$9,253
Year 12$24,090$14,010$10,081
Year 13$26,964$15,935$11,029
Year 14$30,010$17,906$12,104
Year 15$33,238$19,926$13,312
Year 16$36,660$21,998$14,662
Year 17$40,288$24,128$16,160
Year 18$44,133$26,318$17,816
Year 19$48,209$28,573$19,636
Year 20$52,530$30,898$21,631
Year 21$57,110$33,299$23,811
Year 22$61,964$35,780$26,184
Year 23$67,110$38,348$28,762
Year 24$72,565$41,009$31,556
Year 25$78,347$43,769$34,578

Start Saving in Armington

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Ameren Illinois rates projected to rise again next year. Lock in savings now.