How Much Can Solar Save in Forest City?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$111
Current Bill/mo
$129
Est. Lease + Battery
6.8 yrs
Payback Period
$32,864
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
$111
Annual Cost
$1,332
25-Year Cost (No Solar)
$73,080
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 Forest City
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $111/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-4/mo |
| 5-Year Cost | $7,193 | $5,820 |
| 25-Year Cost | $73,080 | $40,216 |
| 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
$32,864
Without Solar
With Solar
Year 1
$1,332
$1,385
Year 2Payback Year
$2,744
-$2,716
Year 5
$7,509
$1,629
Year 10
$17,557
$9,422
Year 15
$31,004
$18,157
Year 20
$48,998
$28,235
Year 25
$73,080
$40,216
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,332 | $1,385 | -$53 |
| Year 2Payback | $2,744 | -$2,716 | $5,460 |
| Year 3 | $4,241 | -$1,290 | $5,531 |
| Year 4 | $5,827 | $157 | $5,670 |
| Year 5 | $7,509 | $1,629 | $5,879 |
| Year 6 | $9,291 | $3,127 | $6,164 |
| Year 7 | $11,181 | $4,654 | $6,527 |
| Year 8 | $13,183 | $6,210 | $6,974 |
| Year 9 | $15,306 | $7,798 | $7,508 |
| Year 10 | $17,557 | $9,422 | $8,135 |
| Year 11 | $19,942 | $11,082 | $8,860 |
| Year 12 | $22,471 | $12,783 | $9,688 |
| Year 13 | $25,151 | $14,527 | $10,624 |
| Year 14 | $27,992 | $16,317 | $11,675 |
| Year 15 | $31,004 | $18,157 | $12,847 |
| Year 16 | $34,196 | $20,050 | $14,146 |
| Year 17 | $37,580 | $21,999 | $15,580 |
| Year 18 | $41,166 | $24,011 | $17,156 |
| Year 19 | $44,968 | $26,087 | $18,881 |
| Year 20 | $48,998 | $28,235 | $20,764 |
| Year 21 | $53,270 | $30,457 | $22,813 |
| Year 22 | $57,799 | $32,761 | $25,038 |
| Year 23 | $62,598 | $35,151 | $27,448 |
| Year 24 | $67,686 | $37,634 | $30,053 |
| Year 25 | $73,080 | $40,216 | $32,864 |
Start Saving in Forest City
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