How Much Can Solar Save in Carrier Mills?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$109
Current Bill/mo
$132
Est. Lease + Battery
6.1 yrs
Payback Period
$37,083
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
$109
Annual Cost
$1,308
25-Year Cost (No Solar)
$71,763
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Carrier Mills
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $109/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,063 | $5,280 |
| 25-Year Cost | $71,763 | $34,680 |
| 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
$37,083
Without Solar
With Solar
Year 1Payback Year
$1,308
$1,215
Year 5
$7,373
$1,239
Year 10
$17,240
$8,026
Year 15
$30,445
$15,603
Year 20
$48,116
$24,322
Year 25
$71,763
$34,680
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,308 | $1,215 | $93 |
| Year 2 | $2,694 | -$2,560 | $5,254 |
| Year 3 | $4,164 | -$1,313 | $5,477 |
| Year 4 | $5,722 | -$47 | $5,769 |
| Year 5 | $7,373 | $1,239 | $6,134 |
| Year 6 | $9,124 | $2,546 | $6,577 |
| Year 7 | $10,979 | $3,877 | $7,103 |
| Year 8 | $12,946 | $5,232 | $7,714 |
| Year 9 | $15,031 | $6,614 | $8,416 |
| Year 10 | $17,240 | $8,026 | $9,215 |
| Year 11 | $19,583 | $9,468 | $10,115 |
| Year 12 | $22,066 | $10,945 | $11,121 |
| Year 13 | $24,698 | $12,457 | $12,241 |
| Year 14 | $27,488 | $14,009 | $13,479 |
| Year 15 | $30,445 | $15,603 | $14,842 |
| Year 16 | $33,580 | $17,242 | $16,338 |
| Year 17 | $36,902 | $18,929 | $17,973 |
| Year 18 | $40,425 | $20,669 | $19,755 |
| Year 19 | $44,158 | $22,465 | $21,693 |
| Year 20 | $48,116 | $24,322 | $23,793 |
| Year 21 | $52,310 | $26,244 | $26,067 |
| Year 22 | $56,757 | $28,235 | $28,522 |
| Year 23 | $61,471 | $30,301 | $31,170 |
| Year 24 | $66,467 | $32,447 | $34,019 |
| Year 25 | $71,763 | $34,680 | $37,083 |
Start Saving in Carrier Mills
Get a free, personalized solar analysis based on your actual Ameren Illinois bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
Ameren Illinois rates projected to rise again next year. Lock in savings now.