How Much Can Solar Save in Goreville?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$124
Current Bill/mo
$139
Est. Lease + Battery
6.4 yrs
Payback Period
$39,746
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
$124
Annual Cost
$1,488
25-Year Cost (No Solar)
$81,638
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 Goreville
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $124/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $8,035 | $6,300 |
| 25-Year Cost | $81,638 | $41,892 |
| 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
$39,746
Without Solar
With Solar
Year 1Payback Year
$1,488
$1,469
Year 5
$8,388
$1,548
Year 10
$19,613
$9,756
Year 15
$34,635
$18,910
Year 20
$54,737
$29,428
Year 25
$81,638
$41,892
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,488 | $1,469 | $19 |
| Year 2 | $3,065 | -$3,047 | $6,113 |
| Year 3 | $4,737 | -$1,538 | $6,276 |
| Year 4 | $6,509 | -$7 | $6,517 |
| Year 5 | $8,388 | $1,548 | $6,840 |
| Year 6 | $10,379 | $3,129 | $7,250 |
| Year 7 | $12,490 | $4,738 | $7,752 |
| Year 8 | $14,727 | $6,378 | $8,350 |
| Year 9 | $17,099 | $8,049 | $9,050 |
| Year 10 | $19,613 | $9,756 | $9,858 |
| Year 11 | $22,278 | $11,499 | $10,778 |
| Year 12 | $25,102 | $13,284 | $11,819 |
| Year 13 | $28,097 | $15,111 | $12,985 |
| Year 14 | $31,270 | $16,986 | $14,285 |
| Year 15 | $34,635 | $18,910 | $15,724 |
| Year 16 | $38,201 | $20,889 | $17,312 |
| Year 17 | $41,981 | $22,926 | $19,055 |
| Year 18 | $45,988 | $25,025 | $20,963 |
| Year 19 | $50,235 | $27,190 | $23,045 |
| Year 20 | $54,737 | $29,428 | $25,309 |
| Year 21 | $59,509 | $31,743 | $27,766 |
| Year 22 | $64,568 | $34,140 | $30,427 |
| Year 23 | $69,930 | $36,627 | $33,303 |
| Year 24 | $75,614 | $39,208 | $36,405 |
| Year 25 | $81,638 | $41,892 | $39,746 |
Start Saving in Goreville
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Ameren Illinois rates projected to rise again next year. Lock in savings now.