How Much Can Solar Save in Flanagan?

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

$122
Current Bill/mo
$138
Est. Lease + Battery
7.4 yrs
Payback Period
$35,033
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

$122

Annual Cost

$1,464

25-Year Cost (No Solar)

$80,322

Your Solar Investment

7 kW System

$20,300

$11,194

After All IL Incentives

DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,006

With vs Without Solar in Flanagan

MetricWithout SolarWith Solar
Monthly Cost$122/mo$123/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-17/mo
5-Year Cost$7,906$7,380
25-Year Cost$80,322$45,289
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

$35,033

Without Solar
With Solar
Year 1
$1,464
$1,665
Year 2Payback Year
$3,016
-$3,658
Year 5
$8,253
$1,514
Year 10
$19,297
$10,658
Year 15
$34,076
$20,708
Year 20
$53,854
$32,063
Year 25
$80,322
$45,289
YearWithout SolarWith SolarCumulative Savings
Year 1$1,464$1,665-$201
Year 2Payback$3,016-$3,658$6,674
Year 3$4,661-$1,956$6,617
Year 4$6,404-$232$6,637
Year 5$8,253$1,514$6,738
Year 6$10,212$3,286$6,926
Year 7$12,289$5,083$7,205
Year 8$14,490$6,910$7,580
Year 9$16,823$8,767$8,056
Year 10$19,297$10,658$8,639
Year 11$21,918$12,585$9,334
Year 12$24,698$14,550$10,148
Year 13$27,643$16,556$11,087
Year 14$30,766$18,608$12,158
Year 15$34,076$20,708$13,368
Year 16$37,585$22,859$14,726
Year 17$41,304$25,066$16,238
Year 18$45,246$27,332$17,913
Year 19$49,425$29,663$19,761
Year 20$53,854$32,063$21,791
Year 21$58,549$34,537$24,012
Year 22$63,526$37,091$26,436
Year 23$68,802$39,730$29,072
Year 24$74,394$42,460$31,934
Year 25$80,322$45,289$35,033

Start Saving in Flanagan

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