How Much Can Solar Save in Glen Carbon?

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

$170
Current Bill/mo
$165
Est. Lease + Battery
7.5 yrs
Payback Period
$47,419
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

$170

Annual Cost

$2,040

25-Year Cost (No Solar)

$111,924

Your Solar Investment

10 kW System

$29,000

$15,991

After All IL Incentives

DG Rebate ($300/kW)-$3,000
Illinois Shines RECs (lump sum, ~18 mo)-$10,009

With vs Without Solar in Glen Carbon

MetricWithout SolarWith Solar
Monthly Cost$170/mo$176/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-28/mo
5-Year Cost$11,016$10,560
25-Year Cost$111,924$64,505
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

$47,419

Without Solar
With Solar
Year 1
$2,040
$2,378
Year 2Payback Year
$4,202
-$5,227
Year 5
$11,500
$2,161
Year 10
$26,889
$15,211
Year 15
$47,483
$29,538
Year 20
$75,043
$45,705
Year 25
$111,924
$64,504
YearWithout SolarWith SolarCumulative Savings
Year 1$2,040$2,378-$338
Year 2Payback$4,202-$5,227$9,429
Year 3$6,495-$2,795$9,289
Year 4$8,924-$333$9,257
Year 5$11,500$2,161$9,339
Year 6$14,230$4,690$9,540
Year 7$17,123$7,256$9,868
Year 8$20,191$9,863$10,328
Year 9$23,442$12,513$10,929
Year 10$26,889$15,211$11,678
Year 11$30,542$17,959$12,584
Year 12$34,415$20,761$13,654
Year 13$38,520$23,622$14,897
Year 14$42,871$26,546$16,324
Year 15$47,483$29,538$17,945
Year 16$52,372$32,603$19,769
Year 17$57,554$35,746$21,808
Year 18$63,048$38,973$24,074
Year 19$68,870$42,291$26,580
Year 20$75,043$45,705$29,337
Year 21$81,585$49,224$32,361
Year 22$88,520$52,855$35,665
Year 23$95,871$56,606$39,265
Year 24$103,664$60,486$43,178
Year 25$111,924$64,504$47,419

Start Saving in Glen Carbon

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