How Much Can Solar Save in Ashmore?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$117
Current Bill/mo
$134
Est. Lease + Battery
6.9 yrs
Payback Period
$35,049
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
$117
Annual Cost
$1,404
25-Year Cost (No Solar)
$77,030
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 Ashmore
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $117/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $7,582 | $6,300 |
| 25-Year Cost | $77,030 | $41,981 |
| 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
$35,049
Without Solar
With Solar
Year 1
$1,404
$1,477
Year 2Payback Year
$2,892
-$3,031
Year 5
$7,914
$1,589
Year 10
$18,506
$9,834
Year 15
$32,679
$19,017
Year 20
$51,647
$29,543
Year 25
$77,030
$41,981
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,404 | $1,477 | -$73 |
| Year 2Payback | $2,892 | -$3,031 | $5,923 |
| Year 3 | $4,470 | -$1,514 | $5,983 |
| Year 4 | $6,142 | $26 | $6,116 |
| Year 5 | $7,914 | $1,589 | $6,325 |
| Year 6 | $9,793 | $3,178 | $6,615 |
| Year 7 | $11,785 | $4,795 | $6,990 |
| Year 8 | $13,896 | $6,442 | $7,454 |
| Year 9 | $16,134 | $8,121 | $8,013 |
| Year 10 | $18,506 | $9,834 | $8,672 |
| Year 11 | $21,020 | $11,585 | $9,436 |
| Year 12 | $23,685 | $13,375 | $10,310 |
| Year 13 | $26,511 | $15,208 | $11,302 |
| Year 14 | $29,505 | $17,088 | $12,417 |
| Year 15 | $32,679 | $19,017 | $13,662 |
| Year 16 | $36,044 | $20,999 | $15,045 |
| Year 17 | $39,611 | $23,039 | $16,572 |
| Year 18 | $43,392 | $25,139 | $18,252 |
| Year 19 | $47,399 | $27,306 | $20,093 |
| Year 20 | $51,647 | $29,543 | $22,104 |
| Year 21 | $56,150 | $31,856 | $24,294 |
| Year 22 | $60,923 | $34,250 | $26,673 |
| Year 23 | $65,982 | $36,731 | $29,251 |
| Year 24 | $71,345 | $39,306 | $32,039 |
| Year 25 | $77,030 | $41,981 | $35,049 |
Start Saving in Ashmore
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