How Much Can Solar Save in Arrowsmith?

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

$120
Current Bill/mo
$134
Est. Lease + Battery
6.9 yrs
Payback Period
$35,042
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

6 kW System

$17,400

$9,595

After All IL Incentives

DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005

With vs Without Solar in Arrowsmith

MetricWithout SolarWith Solar
Monthly Cost$120/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-6/mo
5-Year Cost$7,776$6,300
25-Year Cost$79,005$43,963
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

$35,042

Without Solar
With Solar
Year 1
$1,440
$1,514
Year 2Payback Year
$2,966
-$2,956
Year 5
$8,117
$1,793
Year 10
$18,980
$10,310
Year 15
$33,517
$19,858
Year 20
$52,971
$30,872
Year 25
$79,005
$43,963
YearWithout SolarWith SolarCumulative Savings
Year 1$1,440$1,514-$74
Year 2Payback$2,966-$2,956$5,923
Year 3$4,584-$1,399$5,983
Year 4$6,299$184$6,116
Year 5$8,117$1,793$6,325
Year 6$10,044$3,430$6,614
Year 7$12,087$5,098$6,989
Year 8$14,252$6,799$7,453
Year 9$16,547$8,536$8,012
Year 10$18,980$10,310$8,670
Year 11$21,559$12,125$9,434
Year 12$24,293$13,985$10,308
Year 13$27,190$15,891$11,300
Year 14$30,262$17,847$12,414
Year 15$33,517$19,858$13,659
Year 16$36,968$21,927$15,042
Year 17$40,627$24,058$16,568
Year 18$44,504$26,256$18,248
Year 19$48,614$28,526$20,089
Year 20$52,971$30,872$22,099
Year 21$57,590$33,301$24,289
Year 22$62,485$35,818$26,667
Year 23$67,674$38,429$29,245
Year 24$73,174$41,142$32,033
Year 25$79,005$43,963$35,042

Start Saving in Arrowsmith

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