How Much Can Solar Save in Chester?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$124
Current Bill/mo
$140
Est. Lease + Battery
5.9 yrs
Payback Period
$42,511
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 Chester
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $124/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $8,035 | $5,820 |
| 25-Year Cost | $81,638 | $39,127 |
| 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
$42,511
Without Solar
With Solar
Year 1Payback Year
$1,488
$1,352
Year 5
$8,388
$1,452
Year 10
$19,613
$9,043
Year 15
$34,635
$17,553
Year 20
$54,737
$27,391
Year 25
$81,638
$39,127
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,488 | $1,352 | $136 |
| Year 2 | $3,065 | -$2,783 | $5,849 |
| Year 3 | $4,737 | -$1,394 | $6,131 |
| Year 4 | $6,509 | $18 | $6,492 |
| Year 5 | $8,388 | $1,452 | $6,936 |
| Year 6 | $10,379 | $2,912 | $7,467 |
| Year 7 | $12,490 | $4,399 | $8,091 |
| Year 8 | $14,727 | $5,915 | $8,813 |
| Year 9 | $17,099 | $7,462 | $9,637 |
| Year 10 | $19,613 | $9,043 | $10,570 |
| Year 11 | $22,278 | $10,660 | $11,617 |
| Year 12 | $25,102 | $12,317 | $12,785 |
| Year 13 | $28,097 | $14,016 | $14,081 |
| Year 14 | $31,270 | $15,760 | $15,510 |
| Year 15 | $34,635 | $17,553 | $17,081 |
| Year 16 | $38,201 | $19,399 | $18,802 |
| Year 17 | $41,981 | $21,301 | $20,679 |
| Year 18 | $45,988 | $23,264 | $22,723 |
| Year 19 | $50,235 | $25,292 | $24,942 |
| Year 20 | $54,737 | $27,391 | $27,346 |
| Year 21 | $59,509 | $29,564 | $29,945 |
| Year 22 | $64,568 | $31,818 | $32,749 |
| Year 23 | $69,930 | $34,159 | $35,770 |
| Year 24 | $75,614 | $36,593 | $39,020 |
| Year 25 | $81,638 | $39,127 | $42,511 |
Start Saving in Chester
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