How Much Can Solar Save in Edwardsville?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$171
Current Bill/mo
$161
Est. Lease + Battery
6.5 yrs
Payback Period
$52,223
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
$171
Annual Cost
$2,052
25-Year Cost (No Solar)
$112,582
Your Solar Investment
8 kW System
$23,200
$12,793
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$8,007
With vs Without Solar in Edwardsville
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $171/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $11,081 | $8,400 |
| 25-Year Cost | $112,582 | $60,359 |
| 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
$52,223
Without Solar
With Solar
Year 1Payback Year
$2,052
$2,042
Year 5
$11,567
$2,532
Year 10
$27,047
$14,098
Year 15
$47,762
$27,136
Year 20
$75,484
$42,266
Year 25
$112,582
$60,359
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,052 | $2,042 | $10 |
| Year 2 | $4,227 | -$3,892 | $8,119 |
| Year 3 | $6,533 | -$1,787 | $8,320 |
| Year 4 | $8,977 | $354 | $8,623 |
| Year 5 | $11,567 | $2,532 | $9,035 |
| Year 6 | $14,313 | $4,751 | $9,562 |
| Year 7 | $17,224 | $7,014 | $10,210 |
| Year 8 | $20,310 | $9,324 | $10,986 |
| Year 9 | $23,580 | $11,684 | $11,896 |
| Year 10 | $27,047 | $14,098 | $12,949 |
| Year 11 | $30,722 | $16,571 | $14,151 |
| Year 12 | $34,617 | $19,107 | $15,511 |
| Year 13 | $38,746 | $21,709 | $17,037 |
| Year 14 | $43,123 | $24,384 | $18,739 |
| Year 15 | $47,762 | $27,136 | $20,627 |
| Year 16 | $52,680 | $29,970 | $22,710 |
| Year 17 | $57,893 | $32,894 | $24,999 |
| Year 18 | $63,418 | $35,913 | $27,505 |
| Year 19 | $69,276 | $39,035 | $30,241 |
| Year 20 | $75,484 | $42,266 | $33,218 |
| Year 21 | $82,065 | $45,614 | $36,451 |
| Year 22 | $89,041 | $49,088 | $39,953 |
| Year 23 | $96,435 | $52,698 | $43,738 |
| Year 24 | $104,274 | $56,451 | $47,822 |
| Year 25 | $112,582 | $60,359 | $52,223 |
Start Saving in Edwardsville
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