How Much Can Solar Save in Fairmont City?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$114
Current Bill/mo
$134
Est. Lease + Battery
6.9 yrs
Payback Period
$34,894
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
$114
Annual Cost
$1,368
25-Year Cost (No Solar)
$75,055
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 Fairmont City
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $114/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $7,387 | $6,300 |
| 25-Year Cost | $75,055 | $40,161 |
| 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
$34,894
Without Solar
With Solar
Year 1
$1,368
$1,445
Year 2Payback Year
$2,818
-$3,099
Year 5
$7,712
$1,403
Year 10
$18,031
$9,399
Year 15
$31,842
$18,247
Year 20
$50,323
$28,325
Year 25
$75,055
$40,161
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,368 | $1,445 | -$77 |
| Year 2Payback | $2,818 | -$3,099 | $5,917 |
| Year 3 | $4,355 | -$1,619 | $5,974 |
| Year 4 | $5,984 | -$119 | $6,103 |
| Year 5 | $7,712 | $1,403 | $6,308 |
| Year 6 | $9,542 | $2,948 | $6,594 |
| Year 7 | $11,483 | $4,518 | $6,965 |
| Year 8 | $13,540 | $6,115 | $7,425 |
| Year 9 | $15,720 | $7,741 | $7,979 |
| Year 10 | $18,031 | $9,399 | $8,633 |
| Year 11 | $20,481 | $11,090 | $9,391 |
| Year 12 | $23,078 | $12,818 | $10,260 |
| Year 13 | $25,831 | $14,584 | $11,246 |
| Year 14 | $28,749 | $16,393 | $12,355 |
| Year 15 | $31,842 | $18,247 | $13,594 |
| Year 16 | $35,120 | $20,150 | $14,970 |
| Year 17 | $38,595 | $22,105 | $16,490 |
| Year 18 | $42,279 | $24,117 | $18,162 |
| Year 19 | $46,184 | $26,188 | $19,995 |
| Year 20 | $50,323 | $28,325 | $21,998 |
| Year 21 | $54,710 | $30,531 | $24,179 |
| Year 22 | $59,361 | $32,812 | $26,548 |
| Year 23 | $64,290 | $35,174 | $29,117 |
| Year 24 | $69,516 | $37,621 | $31,895 |
| Year 25 | $75,055 | $40,161 | $34,894 |
Start Saving in Fairmont City
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