How Much Can Solar Save in Geneseo?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$143
Current Bill/mo
$149
Est. Lease + Battery
6.6 yrs
Payback Period
$44,634
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
$143
Annual Cost
$1,716
25-Year Cost (No Solar)
$94,148
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 Geneseo
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $143/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-1/mo |
| 5-Year Cost | $9,266 | $7,380 |
| 25-Year Cost | $94,148 | $49,514 |
| 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
$44,634
Without Solar
With Solar
Year 1
$1,716
$1,728
Year 2Payback Year
$3,535
-$3,527
Year 5
$9,673
$1,884
Year 10
$22,618
$11,556
Year 15
$39,942
$22,359
Year 20
$63,124
$34,782
Year 25
$94,148
$49,514
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,716 | $1,728 | -$12 |
| Year 2Payback | $3,535 | -$3,527 | $7,062 |
| Year 3 | $5,463 | -$1,751 | $7,214 |
| Year 4 | $7,507 | $52 | $7,455 |
| Year 5 | $9,673 | $1,884 | $7,790 |
| Year 6 | $11,970 | $3,746 | $8,224 |
| Year 7 | $14,404 | $5,642 | $8,762 |
| Year 8 | $16,984 | $7,574 | $9,410 |
| Year 9 | $19,719 | $9,544 | $10,175 |
| Year 10 | $22,618 | $11,556 | $11,062 |
| Year 11 | $25,691 | $13,613 | $12,078 |
| Year 12 | $28,949 | $15,718 | $13,231 |
| Year 13 | $32,402 | $17,875 | $14,527 |
| Year 14 | $36,062 | $20,087 | $15,975 |
| Year 15 | $39,942 | $22,359 | $17,583 |
| Year 16 | $44,054 | $24,695 | $19,359 |
| Year 17 | $48,413 | $27,100 | $21,313 |
| Year 18 | $53,034 | $29,579 | $23,455 |
| Year 19 | $57,932 | $32,138 | $25,794 |
| Year 20 | $63,124 | $34,782 | $28,342 |
| Year 21 | $68,628 | $37,517 | $31,110 |
| Year 22 | $74,461 | $40,351 | $34,110 |
| Year 23 | $80,645 | $43,289 | $37,355 |
| Year 24 | $87,200 | $46,341 | $40,859 |
| Year 25 | $94,148 | $49,514 | $44,634 |
Start Saving in Geneseo
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Ameren Illinois rates projected to rise again next year. Lock in savings now.