How Much Can Solar Save in Golconda?

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

$122
Current Bill/mo
$139
Est. Lease + Battery
6 yrs
Payback Period
$41,772
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

$122

Annual Cost

$1,464

25-Year Cost (No Solar)

$80,322

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 Golconda

MetricWithout SolarWith Solar
Monthly Cost$122/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$10/mo
5-Year Cost$7,906$5,820
25-Year Cost$80,322$38,550
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

$41,772

Without Solar
With Solar
Year 1Payback Year
$1,464
$1,342
Year 5
$8,253
$1,398
Year 10
$19,297
$8,913
Year 15
$34,076
$17,319
Year 20
$53,854
$27,012
Year 25
$80,322
$38,550
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,464$1,342$122
Year 2$3,016-$2,803$5,819
Year 3$4,661-$1,424$6,085
Year 4$6,404-$24$6,429
Year 5$8,253$1,398$6,855
Year 6$10,212$2,845$7,367
Year 7$12,289$4,317$7,971
Year 8$14,490$5,818$8,672
Year 9$16,823$7,349$9,474
Year 10$19,297$8,913$10,384
Year 11$21,918$10,512$11,406
Year 12$24,698$12,149$12,548
Year 13$27,643$13,828$13,816
Year 14$30,766$15,550$15,216
Year 15$34,076$17,319$16,757
Year 16$37,585$19,140$18,445
Year 17$41,304$21,015$20,289
Year 18$45,246$22,949$22,297
Year 19$49,425$24,946$24,478
Year 20$53,854$27,012$26,842
Year 21$58,549$29,151$29,399
Year 22$63,526$31,368$32,159
Year 23$68,802$33,669$35,133
Year 24$74,394$36,061$38,333
Year 25$80,322$38,550$41,772

Start Saving in Golconda

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