How Much Can Solar Save in Cambridge?

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

$126
Current Bill/mo
$142
Est. Lease + Battery
6.2 yrs
Payback Period
$42,164
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

$126

Annual Cost

$1,512

25-Year Cost (No Solar)

$82,955

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 Cambridge

MetricWithout SolarWith Solar
Monthly Cost$126/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$6/mo
5-Year Cost$8,165$6,300
25-Year Cost$82,955$40,791
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

$42,164

Without Solar
With Solar
Year 1Payback Year
$1,512
$1,446
Year 5
$8,523
$1,419
Year 10
$19,929
$9,462
Year 15
$35,193
$18,408
Year 20
$55,620
$28,661
Year 25
$82,955
$40,791
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,512$1,446$66
Year 2$3,115-$3,095$6,210
Year 3$4,814-$1,612$6,426
Year 4$6,614-$108$6,723
Year 5$8,523$1,419$7,105
Year 6$10,547$2,970$7,577
Year 7$12,691$4,548$8,144
Year 8$14,965$6,154$8,811
Year 9$17,375$7,791$9,584
Year 10$19,929$9,462$10,468
Year 11$22,637$11,168$11,469
Year 12$25,507$12,912$12,595
Year 13$28,550$14,698$13,851
Year 14$31,775$16,529$15,246
Year 15$35,193$18,408$16,785
Year 16$38,817$20,339$18,478
Year 17$42,658$22,325$20,333
Year 18$46,729$24,371$22,358
Year 19$51,045$26,481$24,564
Year 20$55,620$28,661$26,959
Year 21$60,469$30,915$29,554
Year 22$65,609$33,249$32,360
Year 23$71,058$35,669$35,389
Year 24$76,833$38,180$38,653
Year 25$82,955$40,791$42,164

Start Saving in Cambridge

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