How Much Can Solar Save in Carthage?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$124
Current Bill/mo
$138
Est. Lease + Battery
6.1 yrs
Payback Period
$40,742
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
$124
Annual Cost
$1,488
25-Year Cost (No Solar)
$81,638
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 Carthage
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $124/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $8,035 | $5,820 |
| 25-Year Cost | $81,638 | $40,896 |
| 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
$40,742
Without Solar
With Solar
Year 1Payback Year
$1,488
$1,386
Year 5
$8,388
$1,646
Year 10
$19,613
$9,489
Year 15
$34,635
$18,330
Year 20
$54,737
$28,598
Year 25
$81,638
$40,897
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,488 | $1,386 | $102 |
| Year 2 | $3,065 | -$2,712 | $5,777 |
| Year 3 | $4,737 | -$1,284 | $6,021 |
| Year 4 | $6,509 | $169 | $6,341 |
| Year 5 | $8,388 | $1,646 | $6,742 |
| Year 6 | $10,379 | $3,151 | $7,228 |
| Year 7 | $12,490 | $4,686 | $7,804 |
| Year 8 | $14,727 | $6,252 | $8,476 |
| Year 9 | $17,099 | $7,852 | $9,247 |
| Year 10 | $19,613 | $9,489 | $10,124 |
| Year 11 | $22,278 | $11,166 | $11,112 |
| Year 12 | $25,102 | $12,885 | $12,217 |
| Year 13 | $28,097 | $14,650 | $13,447 |
| Year 14 | $31,270 | $16,464 | $14,807 |
| Year 15 | $34,635 | $18,330 | $16,305 |
| Year 16 | $38,201 | $20,253 | $17,948 |
| Year 17 | $41,981 | $22,237 | $19,744 |
| Year 18 | $45,988 | $24,285 | $21,702 |
| Year 19 | $50,235 | $26,404 | $23,831 |
| Year 20 | $54,737 | $28,598 | $26,139 |
| Year 21 | $59,509 | $30,872 | $28,637 |
| Year 22 | $64,568 | $33,233 | $31,335 |
| Year 23 | $69,930 | $35,686 | $34,244 |
| Year 24 | $75,614 | $38,238 | $37,375 |
| Year 25 | $81,638 | $40,897 | $40,742 |
Start Saving in Carthage
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