How Much Can Solar Save in Equality?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$116
Current Bill/mo
$135
Est. Lease + Battery
5.9 yrs
Payback Period
$39,571
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
$116
Annual Cost
$1,392
25-Year Cost (No Solar)
$76,371
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 Equality
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$12/mo |
| 5-Year Cost | $7,517 | $5,280 |
| 25-Year Cost | $76,371 | $36,800 |
| 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
$39,571
Without Solar
With Solar
Year 1Payback Year
$1,392
$1,250
Year 5
$7,847
$1,440
Year 10
$18,348
$8,505
Year 15
$32,400
$16,466
Year 20
$51,206
$25,714
Year 25
$76,371
$36,800
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,392 | $1,250 | $142 |
| Year 2 | $2,868 | -$2,487 | $5,355 |
| Year 3 | $4,432 | -$1,200 | $5,631 |
| Year 4 | $6,089 | $109 | $5,981 |
| Year 5 | $7,847 | $1,440 | $6,407 |
| Year 6 | $9,710 | $2,796 | $6,914 |
| Year 7 | $11,684 | $4,178 | $7,506 |
| Year 8 | $13,777 | $5,589 | $8,188 |
| Year 9 | $15,996 | $7,030 | $8,966 |
| Year 10 | $18,348 | $8,505 | $9,843 |
| Year 11 | $20,841 | $10,015 | $10,826 |
| Year 12 | $23,483 | $11,563 | $11,920 |
| Year 13 | $26,284 | $13,152 | $13,132 |
| Year 14 | $29,253 | $14,785 | $14,468 |
| Year 15 | $32,400 | $16,466 | $15,935 |
| Year 16 | $35,736 | $18,197 | $17,539 |
| Year 17 | $39,272 | $19,984 | $19,288 |
| Year 18 | $43,021 | $21,829 | $21,191 |
| Year 19 | $46,994 | $23,738 | $23,256 |
| Year 20 | $51,206 | $25,714 | $25,491 |
| Year 21 | $55,670 | $27,763 | $27,907 |
| Year 22 | $60,402 | $29,891 | $30,511 |
| Year 23 | $65,418 | $32,102 | $33,316 |
| Year 24 | $70,735 | $34,403 | $36,332 |
| Year 25 | $76,371 | $36,800 | $39,571 |
Start Saving in Equality
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Ameren Illinois rates projected to rise again next year. Lock in savings now.