How Much Can Solar Save in Colona?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$131
Current Bill/mo
$144
Est. Lease + Battery
7.3 yrs
Payback Period
$38,181
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
$131
Annual Cost
$1,572
25-Year Cost (No Solar)
$86,247
Your Solar Investment
7.5 kW System
$21,750
$11,993
After All IL Incentives
DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507
With vs Without Solar in Colona
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $131/mo | $132/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-17/mo |
| 5-Year Cost | $8,489 | $7,920 |
| 25-Year Cost | $86,247 | $48,066 |
| 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
$38,181
Without Solar
With Solar
Year 1
$1,572
$1,774
Year 2Payback Year
$3,238
-$3,939
Year 5
$8,862
$1,571
Year 10
$20,720
$11,301
Year 15
$36,590
$21,983
Year 20
$57,827
$34,039
Year 25
$86,247
$48,067
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,572 | $1,774 | -$202 |
| Year 2Payback | $3,238 | -$3,939 | $7,178 |
| Year 3 | $5,005 | -$2,125 | $7,130 |
| Year 4 | $6,877 | -$289 | $7,166 |
| Year 5 | $8,862 | $1,571 | $7,291 |
| Year 6 | $10,965 | $3,456 | $7,509 |
| Year 7 | $13,195 | $5,370 | $7,825 |
| Year 8 | $15,559 | $7,314 | $8,245 |
| Year 9 | $18,064 | $9,290 | $8,774 |
| Year 10 | $20,720 | $11,301 | $9,419 |
| Year 11 | $23,535 | $13,350 | $10,186 |
| Year 12 | $26,520 | $15,439 | $11,080 |
| Year 13 | $29,683 | $17,572 | $12,111 |
| Year 14 | $33,036 | $19,752 | $13,284 |
| Year 15 | $36,590 | $21,983 | $14,607 |
| Year 16 | $40,357 | $24,268 | $16,089 |
| Year 17 | $44,351 | $26,611 | $17,739 |
| Year 18 | $48,584 | $29,018 | $19,566 |
| Year 19 | $53,071 | $31,492 | $21,579 |
| Year 20 | $57,827 | $34,039 | $23,788 |
| Year 21 | $62,869 | $36,664 | $26,205 |
| Year 22 | $68,213 | $39,373 | $28,840 |
| Year 23 | $73,877 | $42,172 | $31,706 |
| Year 24 | $79,882 | $45,067 | $34,815 |
| Year 25 | $86,247 | $48,067 | $38,181 |
Start Saving in Colona
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