How Much Can Solar Save in El Paso?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$133
Current Bill/mo
$144
Est. Lease + Battery
6.1 yrs
Payback Period
$43,901
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
$133
Annual Cost
$1,596
25-Year Cost (No Solar)
$87,564
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 El Paso
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $133/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $8,618 | $6,300 |
| 25-Year Cost | $87,564 | $43,663 |
| 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
$43,901
Without Solar
With Solar
Year 1Payback Year
$1,596
$1,496
Year 5
$8,997
$1,702
Year 10
$21,037
$10,130
Year 15
$37,148
$19,601
Year 20
$58,710
$30,566
Year 25
$87,564
$43,662
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,596 | $1,496 | $100 |
| Year 2 | $3,288 | -$2,992 | $6,280 |
| Year 3 | $5,081 | -$1,453 | $6,534 |
| Year 4 | $6,982 | $111 | $6,871 |
| Year 5 | $8,997 | $1,702 | $7,295 |
| Year 6 | $11,133 | $3,321 | $7,811 |
| Year 7 | $13,397 | $4,971 | $8,425 |
| Year 8 | $15,796 | $6,654 | $9,142 |
| Year 9 | $18,340 | $8,373 | $9,967 |
| Year 10 | $21,037 | $10,130 | $10,906 |
| Year 11 | $23,895 | $11,929 | $11,966 |
| Year 12 | $26,924 | $13,771 | $13,153 |
| Year 13 | $30,136 | $15,662 | $14,474 |
| Year 14 | $33,540 | $17,604 | $15,936 |
| Year 15 | $37,148 | $19,601 | $17,548 |
| Year 16 | $40,973 | $21,657 | $19,317 |
| Year 17 | $45,028 | $23,776 | $21,251 |
| Year 18 | $49,325 | $25,964 | $23,361 |
| Year 19 | $53,881 | $28,226 | $25,655 |
| Year 20 | $58,710 | $30,566 | $28,144 |
| Year 21 | $63,828 | $32,990 | $30,838 |
| Year 22 | $69,254 | $35,505 | $33,749 |
| Year 23 | $75,005 | $38,118 | $36,888 |
| Year 24 | $81,102 | $40,834 | $40,267 |
| Year 25 | $87,564 | $43,662 | $43,901 |
Start Saving in El Paso
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Ameren Illinois rates projected to rise again next year. Lock in savings now.