How Much Can Solar Save in Assumption?

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

$115
Current Bill/mo
$132
Est. Lease + Battery
6.6 yrs
Payback Period
$34,941
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

$115

Annual Cost

$1,380

25-Year Cost (No Solar)

$75,713

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 Assumption

MetricWithout SolarWith Solar
Monthly Cost$115/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-1/mo
5-Year Cost$7,452$5,820
25-Year Cost$75,713$40,772
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

$34,941

Without Solar
With Solar
Year 1
$1,380
$1,392
Year 2Payback Year
$2,843
-$2,701
Year 5
$7,779
$1,673
Year 10
$18,189
$9,530
Year 15
$32,121
$18,362
Year 20
$50,764
$28,583
Year 25
$75,713
$40,772
YearWithout SolarWith SolarCumulative Savings
Year 1$1,380$1,392-$12
Year 2Payback$2,843-$2,701$5,543
Year 3$4,393-$1,267$5,660
Year 4$6,037$190$5,847
Year 5$7,779$1,673$6,107
Year 6$9,626$3,182$6,444
Year 7$11,583$4,720$6,864
Year 8$13,659$6,289$7,370
Year 9$15,858$7,891$7,967
Year 10$18,189$9,530$8,659
Year 11$20,661$11,207$9,454
Year 12$23,281$12,926$10,355
Year 13$26,057$14,689$11,368
Year 14$29,001$16,500$12,501
Year 15$32,121$18,362$13,759
Year 16$35,428$20,279$15,149
Year 17$38,934$22,256$16,678
Year 18$42,650$24,295$18,355
Year 19$46,589$26,403$20,186
Year 20$50,764$28,583$22,181
Year 21$55,190$30,841$24,349
Year 22$59,881$33,183$26,698
Year 23$64,854$35,614$29,240
Year 24$70,125$38,142$31,984
Year 25$75,713$40,772$34,941

Start Saving in Assumption

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