How Much Can Solar Save in Freeman Spur?

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

$113
Current Bill/mo
$135
Est. Lease + Battery
6.8 yrs
Payback Period
$35,520
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

$113

Annual Cost

$1,356

25-Year Cost (No Solar)

$74,396

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 Freeman Spur

MetricWithout SolarWith Solar
Monthly Cost$113/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-5/mo
5-Year Cost$7,322$6,300
25-Year Cost$74,396$38,876
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

$35,520

Without Solar
With Solar
Year 1
$1,356
$1,420
Year 2Payback Year
$2,793
-$3,149
Year 5
$7,644
$1,267
Year 10
$17,873
$9,082
Year 15
$31,562
$17,693
Year 20
$49,881
$27,456
Year 25
$74,396
$38,876
YearWithout SolarWith SolarCumulative Savings
Year 1$1,356$1,420-$64
Year 2Payback$2,793-$3,149$5,942
Year 3$4,317-$1,696$6,013
Year 4$5,932-$224$6,156
Year 5$7,644$1,267$6,377
Year 6$9,459$2,780$6,679
Year 7$11,382$4,316$7,066
Year 8$13,421$5,877$7,544
Year 9$15,582$7,465$8,117
Year 10$17,873$9,082$8,791
Year 11$20,302$10,731$9,570
Year 12$22,876$12,414$10,462
Year 13$25,604$14,133$11,471
Year 14$28,496$15,892$12,604
Year 15$31,562$17,693$13,869
Year 16$34,812$19,540$15,272
Year 17$38,257$21,436$16,821
Year 18$41,908$23,384$18,524
Year 19$45,779$25,390$20,389
Year 20$49,881$27,456$22,425
Year 21$54,230$29,588$24,642
Year 22$58,840$31,791$27,049
Year 23$63,726$34,069$29,657
Year 24$68,906$36,429$32,477
Year 25$74,396$38,876$35,520

Start Saving in Freeman Spur

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