How Much Can Solar Save in Elizabethtown?

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

$112
Current Bill/mo
$131
Est. Lease + Battery
6.7 yrs
Payback Period
$33,957
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

$112

Annual Cost

$1,344

25-Year Cost (No Solar)

$73,738

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 Elizabethtown

MetricWithout SolarWith Solar
Monthly Cost$112/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-3/mo
5-Year Cost$7,258$5,820
25-Year Cost$73,738$39,781
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

$33,957

Without Solar
With Solar
Year 1
$1,344
$1,375
Year 2Payback Year
$2,769
-$2,735
Year 5
$7,576
$1,577
Year 10
$17,715
$9,304
Year 15
$31,283
$17,956
Year 20
$49,440
$27,930
Year 25
$73,738
$39,780
YearWithout SolarWith SolarCumulative Savings
Year 1$1,344$1,375-$31
Year 2Payback$2,769-$2,735$5,504
Year 3$4,279-$1,320$5,599
Year 4$5,879$117$5,763
Year 5$7,576$1,577$5,999
Year 6$9,375$3,063$6,311
Year 7$11,281$4,577$6,704
Year 8$13,302$6,120$7,182
Year 9$15,444$7,695$7,749
Year 10$17,715$9,304$8,411
Year 11$20,122$10,949$9,173
Year 12$22,673$12,634$10,039
Year 13$25,378$14,362$11,016
Year 14$28,244$16,134$12,110
Year 15$31,283$17,956$13,327
Year 16$34,504$19,830$14,674
Year 17$37,918$21,760$16,158
Year 18$41,537$23,750$17,787
Year 19$45,373$25,805$19,568
Year 20$49,440$27,930$21,510
Year 21$53,750$30,129$23,622
Year 22$58,319$32,407$25,912
Year 23$63,162$34,771$28,391
Year 24$68,296$37,227$31,069
Year 25$73,738$39,780$33,957

Start Saving in Elizabethtown

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