How Much Can Solar Save in Bowen?

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

$112
Current Bill/mo
$129
Est. Lease + Battery
6.8 yrs
Payback Period
$32,289
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

$112

Annual Cost

$1,344

25-Year Cost (No Solar)

$73,738

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 Bowen

MetricWithout SolarWith Solar
Monthly Cost$112/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-5/mo
5-Year Cost$7,258$5,820
25-Year Cost$73,738$41,449
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

$32,289

Without Solar
With Solar
Year 1
$1,344
$1,408
Year 2Payback Year
$2,769
-$2,668
Year 5
$7,576
$1,760
Year 10
$17,715
$9,725
Year 15
$31,283
$18,688
Year 20
$49,440
$29,068
Year 25
$73,738
$41,449
YearWithout SolarWith SolarCumulative Savings
Year 1$1,344$1,408-$64
Year 2Payback$2,769-$2,668$5,436
Year 3$4,279-$1,216$5,495
Year 4$5,879$259$5,621
Year 5$7,576$1,760$5,816
Year 6$9,375$3,289$6,086
Year 7$11,281$4,847$6,434
Year 8$13,302$6,438$6,864
Year 9$15,444$8,063$7,381
Year 10$17,715$9,725$7,990
Year 11$20,122$11,426$8,696
Year 12$22,673$13,170$9,503
Year 13$25,378$14,960$10,418
Year 14$28,244$16,798$11,447
Year 15$31,283$18,688$12,595
Year 16$34,504$20,635$13,869
Year 17$37,918$22,642$15,276
Year 18$41,537$24,713$16,824
Year 19$45,373$26,854$18,520
Year 20$49,440$29,068$20,372
Year 21$53,750$31,362$22,388
Year 22$58,319$33,741$24,578
Year 23$63,162$36,211$26,952
Year 24$68,296$38,778$29,518
Year 25$73,738$41,449$32,289

Start Saving in Bowen

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