How Much Can Solar Save in Eldorado?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$109
Current Bill/mo
$129
Est. Lease + Battery
6.3 yrs
Payback Period
$34,948
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
$109
Annual Cost
$1,308
25-Year Cost (No Solar)
$71,763
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Eldorado
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $109/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $7,063 | $5,280 |
| 25-Year Cost | $71,763 | $36,815 |
| 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
$34,948
Without Solar
With Solar
Year 1Payback Year
$1,308
$1,257
Year 5
$7,373
$1,473
Year 10
$17,240
$8,564
Year 15
$30,445
$16,540
Year 20
$48,116
$25,778
Year 25
$71,763
$36,815
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,308 | $1,257 | $51 |
| Year 2 | $2,694 | -$2,474 | $5,168 |
| Year 3 | $4,164 | -$1,180 | $5,344 |
| Year 4 | $5,722 | $135 | $5,587 |
| Year 5 | $7,373 | $1,473 | $5,901 |
| Year 6 | $9,124 | $2,835 | $6,289 |
| Year 7 | $10,979 | $4,223 | $6,756 |
| Year 8 | $12,946 | $5,639 | $7,307 |
| Year 9 | $15,031 | $7,085 | $7,945 |
| Year 10 | $17,240 | $8,564 | $8,676 |
| Year 11 | $19,583 | $10,078 | $9,505 |
| Year 12 | $22,066 | $11,630 | $10,436 |
| Year 13 | $24,698 | $13,222 | $11,476 |
| Year 14 | $27,488 | $14,857 | $12,630 |
| Year 15 | $30,445 | $16,540 | $13,905 |
| Year 16 | $33,580 | $18,272 | $15,308 |
| Year 17 | $36,902 | $20,058 | $16,845 |
| Year 18 | $40,425 | $21,901 | $18,523 |
| Year 19 | $44,158 | $23,807 | $20,351 |
| Year 20 | $48,116 | $25,778 | $22,337 |
| Year 21 | $52,310 | $27,822 | $24,489 |
| Year 22 | $56,757 | $29,941 | $26,816 |
| Year 23 | $61,471 | $32,142 | $29,328 |
| Year 24 | $66,467 | $34,431 | $32,035 |
| Year 25 | $71,763 | $36,815 | $34,948 |
Start Saving in Eldorado
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Ameren Illinois rates projected to rise again next year. Lock in savings now.