How Much Can Solar Save in Chapin?

Real numbers based on current Ameren Illinois rates and Illinois incentives.

$117
Current Bill/mo
$133
Est. Lease + Battery
6.9 yrs
Payback Period
$34,130
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

$117

Annual Cost

$1,404

25-Year Cost (No Solar)

$77,030

Your Solar Investment

6 kW System

$17,400

$9,595

After All IL Incentives

DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005

With vs Without Solar in Chapin

MetricWithout SolarWith Solar
Monthly Cost$117/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-8/mo
5-Year Cost$7,582$6,300
25-Year Cost$77,030$42,900
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$34,130

Without Solar
With Solar
Year 1
$1,404
$1,496
Year 2Payback Year
$2,892
-$2,994
Year 5
$7,914
$1,690
Year 10
$18,506
$10,066
Year 15
$32,679
$19,420
Year 20
$51,647
$30,170
Year 25
$77,030
$42,899
YearWithout SolarWith SolarCumulative Savings
Year 1$1,404$1,496-$92
Year 2Payback$2,892-$2,994$5,886
Year 3$4,470-$1,457$5,926
Year 4$6,142$104$6,038
Year 5$7,914$1,690$6,225
Year 6$9,793$3,302$6,491
Year 7$11,785$4,944$6,841
Year 8$13,896$6,617$7,279
Year 9$16,134$8,323$7,811
Year 10$18,506$10,066$8,440
Year 11$21,020$11,847$9,173
Year 12$23,685$13,670$10,015
Year 13$26,511$15,538$10,973
Year 14$29,505$17,453$12,052
Year 15$32,679$19,420$13,259
Year 16$36,044$21,443$14,602
Year 17$39,611$23,524$16,087
Year 18$43,392$25,670$17,722
Year 19$47,399$27,883$19,516
Year 20$51,647$30,170$21,477
Year 21$56,150$32,535$23,615
Year 22$60,923$34,984$25,938
Year 23$65,982$37,524$28,458
Year 24$71,345$40,160$31,185
Year 25$77,030$42,899$34,130

Start Saving in Chapin

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Ameren Illinois rates projected to rise again next year. Lock in savings now.