How Much Can Solar Save in Elmwood?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$134
Current Bill/mo
$145
Est. Lease + Battery
6 yrs
Payback Period
$45,284
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
$134
Annual Cost
$1,608
25-Year Cost (No Solar)
$88,222
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 Elmwood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $134/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $8,683 | $6,300 |
| 25-Year Cost | $88,222 | $42,938 |
| 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
$45,284
Without Solar
With Solar
Year 1Payback Year
$1,608
$1,481
Year 5
$9,064
$1,618
Year 10
$21,195
$9,940
Year 15
$37,428
$19,273
Year 20
$59,151
$30,064
Year 25
$88,222
$42,938
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,608 | $1,481 | $127 |
| Year 2 | $3,312 | -$3,024 | $6,336 |
| Year 3 | $5,119 | -$1,501 | $6,620 |
| Year 4 | $7,034 | $46 | $6,988 |
| Year 5 | $9,064 | $1,618 | $7,446 |
| Year 6 | $11,216 | $3,218 | $7,998 |
| Year 7 | $13,497 | $4,848 | $8,649 |
| Year 8 | $15,915 | $6,510 | $9,405 |
| Year 9 | $18,478 | $8,206 | $10,272 |
| Year 10 | $21,195 | $9,940 | $11,255 |
| Year 11 | $24,074 | $11,713 | $12,361 |
| Year 12 | $27,127 | $13,530 | $13,597 |
| Year 13 | $30,362 | $15,393 | $14,969 |
| Year 14 | $33,792 | $17,306 | $16,486 |
| Year 15 | $37,428 | $19,273 | $18,155 |
| Year 16 | $41,281 | $21,298 | $19,984 |
| Year 17 | $45,366 | $23,384 | $21,982 |
| Year 18 | $49,696 | $25,538 | $24,159 |
| Year 19 | $54,286 | $27,762 | $26,524 |
| Year 20 | $59,151 | $30,064 | $29,087 |
| Year 21 | $64,308 | $32,448 | $31,860 |
| Year 22 | $69,775 | $34,921 | $34,854 |
| Year 23 | $75,569 | $37,489 | $38,080 |
| Year 24 | $81,711 | $40,159 | $41,552 |
| Year 25 | $88,222 | $42,938 | $45,284 |
Start Saving in Elmwood
Get a free, personalized solar analysis based on your actual Ameren Illinois bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
Ameren Illinois rates projected to rise again next year. Lock in savings now.