How Much Can Solar Save in Farina?

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

$116
Current Bill/mo
$134
Est. Lease + Battery
6.3 yrs
Payback Period
$37,529
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

5.5 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 Farina

MetricWithout SolarWith Solar
Monthly Cost$116/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$3/mo
5-Year Cost$7,517$5,820
25-Year Cost$76,371$38,842
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

$37,529

Without Solar
With Solar
Year 1Payback Year
$1,392
$1,353
Year 5
$7,847
$1,457
Year 10
$18,348
$9,035
Year 15
$32,400
$17,506
Year 20
$51,206
$27,258
Year 25
$76,371
$38,842
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,392$1,353$39
Year 2$2,868-$2,780$5,648
Year 3$4,432-$1,389$5,821
Year 4$6,089$22$6,067
Year 5$7,847$1,457$6,390
Year 6$9,710$2,916$6,794
Year 7$11,684$4,401$7,283
Year 8$13,777$5,914$7,863
Year 9$15,996$7,458$8,538
Year 10$18,348$9,035$9,313
Year 11$20,841$10,647$10,193
Year 12$23,483$12,297$11,186
Year 13$26,284$13,988$12,296
Year 14$29,253$15,723$13,530
Year 15$32,400$17,506$14,895
Year 16$35,736$19,339$16,398
Year 17$39,272$21,226$18,046
Year 18$43,021$23,172$19,848
Year 19$46,994$25,182$21,812
Year 20$51,206$27,258$23,947
Year 21$55,670$29,408$26,262
Year 22$60,402$31,635$28,767
Year 23$65,418$33,946$31,473
Year 24$70,735$36,346$34,389
Year 25$76,371$38,842$37,529

Start Saving in Farina

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