How Much Can Solar Save in Canton?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$134
Est. Lease + Battery
6.4 yrs
Payback Period
$36,935
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
$121
Annual Cost
$1,452
25-Year Cost (No Solar)
$79,663
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 Canton
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $7,841 | $5,820 |
| 25-Year Cost | $79,663 | $42,728 |
| 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
$36,935
Without Solar
With Solar
Year 1Payback Year
$1,452
$1,425
Year 5
$8,185
$1,860
Year 10
$19,139
$9,976
Year 15
$33,797
$19,163
Year 20
$53,413
$29,871
Year 25
$79,663
$42,728
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,452 | $1,425 | $27 |
| Year 2 | $2,991 | -$2,633 | $5,624 |
| Year 3 | $4,623 | -$1,162 | $5,784 |
| Year 4 | $6,352 | $335 | $6,017 |
| Year 5 | $8,185 | $1,860 | $6,325 |
| Year 6 | $10,128 | $3,414 | $6,714 |
| Year 7 | $12,188 | $5,001 | $7,187 |
| Year 8 | $14,371 | $6,621 | $7,750 |
| Year 9 | $16,685 | $8,279 | $8,407 |
| Year 10 | $19,139 | $9,976 | $9,163 |
| Year 11 | $21,739 | $11,715 | $10,024 |
| Year 12 | $24,495 | $13,500 | $10,995 |
| Year 13 | $27,417 | $15,334 | $12,083 |
| Year 14 | $30,514 | $17,220 | $13,294 |
| Year 15 | $33,797 | $19,163 | $14,634 |
| Year 16 | $37,277 | $21,166 | $16,111 |
| Year 17 | $40,965 | $23,233 | $17,732 |
| Year 18 | $44,875 | $25,370 | $19,505 |
| Year 19 | $49,020 | $27,580 | $21,439 |
| Year 20 | $53,413 | $29,871 | $23,542 |
| Year 21 | $58,069 | $32,246 | $25,823 |
| Year 22 | $63,006 | $34,713 | $28,292 |
| Year 23 | $68,238 | $37,278 | $30,960 |
| Year 24 | $73,784 | $39,947 | $33,837 |
| Year 25 | $79,663 | $42,728 | $36,935 |
Start Saving in Canton
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