How Much Can Solar Save in Carmi?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$135
Est. Lease + Battery
7.2 yrs
Payback Period
$33,810
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
6.5 kW System
$18,850
$10,394
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506
With vs Without Solar in Carmi
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-13/mo |
| 5-Year Cost | $7,841 | $6,840 |
| 25-Year Cost | $79,663 | $45,853 |
| 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
$33,810
Without Solar
With Solar
Year 1
$1,452
$1,613
Year 2Payback Year
$2,991
-$3,258
Year 5
$8,185
$1,787
Year 10
$19,139
$10,793
Year 15
$33,797
$20,821
Year 20
$53,413
$32,305
Year 25
$79,663
$45,853
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,452 | $1,613 | -$161 |
| Year 2Payback | $2,991 | -$3,258 | $6,250 |
| Year 3 | $4,623 | -$1,601 | $6,224 |
| Year 4 | $6,352 | $80 | $6,272 |
| Year 5 | $8,185 | $1,787 | $6,398 |
| Year 6 | $10,128 | $3,523 | $6,605 |
| Year 7 | $12,188 | $5,289 | $6,899 |
| Year 8 | $14,371 | $7,088 | $7,283 |
| Year 9 | $16,685 | $8,922 | $7,763 |
| Year 10 | $19,139 | $10,793 | $8,345 |
| Year 11 | $21,739 | $12,705 | $9,033 |
| Year 12 | $24,495 | $14,661 | $9,834 |
| Year 13 | $27,417 | $16,663 | $10,754 |
| Year 14 | $30,514 | $18,715 | $11,799 |
| Year 15 | $33,797 | $20,821 | $12,976 |
| Year 16 | $37,277 | $22,985 | $14,292 |
| Year 17 | $40,965 | $25,210 | $15,755 |
| Year 18 | $44,875 | $27,502 | $17,373 |
| Year 19 | $49,020 | $29,865 | $19,154 |
| Year 20 | $53,413 | $32,305 | $21,108 |
| Year 21 | $58,069 | $34,826 | $23,244 |
| Year 22 | $63,006 | $37,435 | $25,571 |
| Year 23 | $68,238 | $40,138 | $28,100 |
| Year 24 | $73,784 | $42,941 | $30,843 |
| Year 25 | $79,663 | $45,853 | $33,810 |
Start Saving in Carmi
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