How Much Can Solar Save in Dix?

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

$117
Current Bill/mo
$134
Est. Lease + Battery
6.4 yrs
Payback Period
$36,764
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

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 Dix

MetricWithout SolarWith Solar
Monthly Cost$117/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$2/mo
5-Year Cost$7,582$5,820
25-Year Cost$77,030$40,266
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

$36,764

Without Solar
With Solar
Year 1Payback Year
$1,404
$1,380
Year 5
$7,914
$1,608
Year 10
$18,506
$9,386
Year 15
$32,679
$18,121
Year 20
$51,647
$28,222
Year 25
$77,030
$40,266
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,404$1,380$24
Year 2$2,892-$2,725$5,617
Year 3$4,470-$1,304$5,773
Year 4$6,142$140$6,002
Year 5$7,914$1,608$6,306
Year 6$9,793$3,103$6,691
Year 7$11,785$4,625$7,159
Year 8$13,896$6,179$7,717
Year 9$16,134$7,765$8,369
Year 10$18,506$9,386$9,120
Year 11$21,020$11,045$9,975
Year 12$23,685$12,745$10,940
Year 13$26,511$14,489$12,022
Year 14$29,505$16,280$13,226
Year 15$32,679$18,121$14,559
Year 16$36,044$20,016$16,028
Year 17$39,611$21,969$17,642
Year 18$43,392$23,985$19,407
Year 19$47,399$26,067$21,332
Year 20$51,647$28,222$23,425
Year 21$56,150$30,453$25,697
Year 22$60,923$32,767$28,156
Year 23$65,982$35,169$30,813
Year 24$71,345$37,667$33,678
Year 25$77,030$40,266$36,764

Start Saving in Dix

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