How Much Can Solar Save in Godfrey?

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

$141
Current Bill/mo
$146
Est. Lease + Battery
6.3 yrs
Payback Period
$44,255
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

$141

Annual Cost

$1,692

25-Year Cost (No Solar)

$92,831

Your Solar Investment

6.5 kW System

$18,850

$10,394

After All IL Incentives

DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506

With vs Without Solar in Godfrey

MetricWithout SolarWith Solar
Monthly Cost$141/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$4/mo
5-Year Cost$9,137$6,840
25-Year Cost$92,831$48,576
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

$44,255

Without Solar
With Solar
Year 1Payback Year
$1,692
$1,648
Year 5
$9,538
$1,997
Year 10
$22,302
$11,320
Year 15
$39,383
$21,823
Year 20
$62,241
$34,006
Year 25
$92,831
$48,575
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,692$1,648$44
Year 2$3,486-$3,185$6,671
Year 3$5,387-$1,487$6,873
Year 4$7,402$240$7,162
Year 5$9,538$1,997$7,541
Year 6$11,802$3,786$8,016
Year 7$14,202$5,610$8,592
Year 8$16,747$7,472$9,274
Year 9$19,443$9,375$10,069
Year 10$22,302$11,320$10,981
Year 11$25,332$13,313$12,019
Year 12$28,544$15,356$13,188
Year 13$31,949$17,452$14,497
Year 14$35,557$19,606$15,951
Year 15$39,383$21,823$17,560
Year 16$43,438$24,106$19,332
Year 17$47,736$26,460$21,276
Year 18$52,292$28,891$23,401
Year 19$57,122$31,405$25,717
Year 20$62,241$34,006$28,235
Year 21$67,668$36,702$30,965
Year 22$73,420$39,500$33,920
Year 23$79,517$42,406$37,111
Year 24$85,980$45,428$40,552
Year 25$92,831$48,575$44,255

Start Saving in Godfrey

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