How Much Can Solar Save in Cerro Gordo?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$123
Current Bill/mo
$139
Est. Lease + Battery
6.9 yrs
Payback Period
$37,958
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
$123
Annual Cost
$1,476
25-Year Cost (No Solar)
$80,980
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 Cerro Gordo
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $123/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-7/mo |
| 5-Year Cost | $7,970 | $6,840 |
| 25-Year Cost | $80,980 | $43,022 |
| 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
$37,958
Without Solar
With Solar
Year 1
$1,476
$1,556
Year 2Payback Year
$3,041
-$3,376
Year 5
$8,320
$1,469
Year 10
$19,455
$10,063
Year 15
$34,355
$19,559
Year 20
$54,296
$30,357
Year 25
$80,980
$43,022
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,476 | $1,556 | -$80 |
| Year 2Payback | $3,041 | -$3,376 | $6,417 |
| Year 3 | $4,699 | -$1,783 | $6,482 |
| Year 4 | $6,457 | -$169 | $6,626 |
| Year 5 | $8,320 | $1,469 | $6,852 |
| Year 6 | $10,296 | $3,130 | $7,165 |
| Year 7 | $12,389 | $4,818 | $7,571 |
| Year 8 | $14,609 | $6,535 | $8,074 |
| Year 9 | $16,961 | $8,282 | $8,679 |
| Year 10 | $19,455 | $10,063 | $9,392 |
| Year 11 | $22,098 | $11,879 | $10,219 |
| Year 12 | $24,900 | $13,734 | $11,166 |
| Year 13 | $27,870 | $15,630 | $12,240 |
| Year 14 | $31,018 | $17,570 | $13,448 |
| Year 15 | $34,355 | $19,559 | $14,796 |
| Year 16 | $37,893 | $21,599 | $16,293 |
| Year 17 | $41,642 | $23,695 | $17,947 |
| Year 18 | $45,617 | $25,850 | $19,767 |
| Year 19 | $49,830 | $28,069 | $21,760 |
| Year 20 | $54,296 | $30,357 | $23,938 |
| Year 21 | $59,029 | $32,719 | $26,310 |
| Year 22 | $64,047 | $35,161 | $28,886 |
| Year 23 | $69,366 | $37,687 | $31,679 |
| Year 24 | $75,004 | $40,305 | $34,698 |
| Year 25 | $80,980 | $43,022 | $37,958 |
Start Saving in Cerro Gordo
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Ameren Illinois rates projected to rise again next year. Lock in savings now.