How Much Can Solar Save in Augusta?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$113
Current Bill/mo
$132
Est. Lease + Battery
6 yrs
Payback Period
$37,938
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
$113
Annual Cost
$1,356
25-Year Cost (No Solar)
$74,396
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Augusta
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $113/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $7,322 | $5,280 |
| 25-Year Cost | $74,396 | $36,458 |
| 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
$37,938
Without Solar
With Solar
Year 1Payback Year
$1,356
$1,246
Year 5
$7,644
$1,416
Year 10
$17,873
$8,442
Year 15
$31,562
$16,345
Year 20
$49,881
$25,504
Year 25
$74,396
$36,458
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,356 | $1,246 | $110 |
| Year 2 | $2,793 | -$2,496 | $5,289 |
| Year 3 | $4,317 | -$1,213 | $5,530 |
| Year 4 | $5,932 | $90 | $5,842 |
| Year 5 | $7,644 | $1,416 | $6,228 |
| Year 6 | $9,459 | $2,766 | $6,693 |
| Year 7 | $11,382 | $4,141 | $7,241 |
| Year 8 | $13,421 | $5,544 | $7,877 |
| Year 9 | $15,582 | $6,977 | $8,605 |
| Year 10 | $17,873 | $8,442 | $9,431 |
| Year 11 | $20,302 | $9,942 | $10,359 |
| Year 12 | $22,876 | $11,480 | $11,396 |
| Year 13 | $25,604 | $13,057 | $12,547 |
| Year 14 | $28,496 | $14,678 | $13,819 |
| Year 15 | $31,562 | $16,345 | $15,218 |
| Year 16 | $34,812 | $18,061 | $16,751 |
| Year 17 | $38,257 | $19,831 | $18,425 |
| Year 18 | $41,908 | $21,659 | $20,249 |
| Year 19 | $45,779 | $23,549 | $22,230 |
| Year 20 | $49,881 | $25,504 | $24,377 |
| Year 21 | $54,230 | $27,531 | $26,699 |
| Year 22 | $58,840 | $29,634 | $29,206 |
| Year 23 | $63,726 | $31,819 | $31,907 |
| Year 24 | $68,906 | $34,092 | $34,814 |
| Year 25 | $74,396 | $36,458 | $37,938 |
Start Saving in Augusta
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Ameren Illinois rates projected to rise again next year. Lock in savings now.