How Much Can Solar Save in Camargo?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$132
Current Bill/mo
$144
Est. Lease + Battery
6.9 yrs
Payback Period
$40,215
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
$132
Annual Cost
$1,584
25-Year Cost (No Solar)
$86,905
Your Solar Investment
7 kW System
$20,300
$11,194
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,006
With vs Without Solar in Camargo
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $132/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-8/mo |
| 5-Year Cost | $8,554 | $7,380 |
| 25-Year Cost | $86,905 | $46,690 |
| 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
$40,215
Without Solar
With Solar
Year 1
$1,584
$1,683
Year 2Payback Year
$3,263
-$3,620
Year 5
$8,929
$1,623
Year 10
$20,878
$10,932
Year 15
$36,869
$21,226
Year 20
$58,268
$32,942
Year 25
$86,905
$46,691
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,584 | $1,683 | -$99 |
| Year 2Payback | $3,263 | -$3,620 | $6,883 |
| Year 3 | $5,043 | -$1,896 | $6,939 |
| Year 4 | $6,929 | -$149 | $7,078 |
| Year 5 | $8,929 | $1,623 | $7,306 |
| Year 6 | $11,049 | $3,422 | $7,627 |
| Year 7 | $13,296 | $5,250 | $8,045 |
| Year 8 | $15,678 | $7,110 | $8,568 |
| Year 9 | $18,202 | $9,002 | $9,200 |
| Year 10 | $20,878 | $10,932 | $9,947 |
| Year 11 | $23,715 | $12,900 | $10,815 |
| Year 12 | $26,722 | $14,910 | $11,812 |
| Year 13 | $29,909 | $16,966 | $12,944 |
| Year 14 | $33,288 | $19,070 | $14,218 |
| Year 15 | $36,869 | $21,226 | $15,643 |
| Year 16 | $40,665 | $23,439 | $17,226 |
| Year 17 | $44,689 | $25,712 | $18,977 |
| Year 18 | $48,955 | $28,050 | $20,904 |
| Year 19 | $53,476 | $30,458 | $23,017 |
| Year 20 | $58,268 | $32,942 | $25,327 |
| Year 21 | $63,348 | $35,505 | $27,843 |
| Year 22 | $68,733 | $38,155 | $30,578 |
| Year 23 | $74,441 | $40,898 | $33,543 |
| Year 24 | $80,492 | $43,741 | $36,751 |
| Year 25 | $86,905 | $46,691 | $40,215 |
Start Saving in Camargo
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Ameren Illinois rates projected to rise again next year. Lock in savings now.