How Much Can Solar Save in Gorham?

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

$99

Current Bill/mo

$124

Est. Lease + Battery

22+ yrs

Years of Pure Profit

$24,186

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

$99

Annual Cost

$1,188

25-Year Cost (No Solar)

$65,179

Your Solar Investment

6.5 kW System

$17,875

$10,448

After All IL Incentives

DG Rebate ($300/kW)-$1,950

Illinois Shines RECs (lump sum, ~18 mo)-$5,477

With vs Without Solar in Gorham

Metric	Without Solar	With Solar
Monthly Cost	$99/mo	$108/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	$-24/mo
5-Year Cost	$6,415	$6,480
25-Year Cost	$65,179	$40,993
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

$24,186

Without Solar

With Solar

Year 1

$1,188

$1,478

Year 2Profit Starts Here

$2,447

-$2,505

Year 5

$6,697

$2,091

Year 10

$15,659

$10,221

Year 15

$27,652

$19,160

Year 20

$43,701

$29,255

Year 25

$65,179

$40,993

Year	Without Solar	With Solar	Cumulative Savings
Year 1	$1,188	$1,478	-$290
Year 2Profit Starts	$2,447	-$2,505	$4,952
Year 3	$3,782	-$993	$4,775
Year 4	$5,197	$539	$4,658
Year 5	$6,697	$2,091	$4,606
Year 6	$8,287	$3,665	$4,622
Year 7	$9,972	$5,263	$4,709
Year 8	$11,758	$6,887	$4,871
Year 9	$13,652	$8,539	$5,113
Year 10	$15,659	$10,221	$5,438
Year 11	$17,786	$11,934	$5,852
Year 12	$20,041	$13,682	$6,359
Year 13	$22,432	$15,467	$6,965
Year 14	$24,966	$17,292	$7,674
Year 15	$27,652	$19,160	$8,492
Year 16	$30,499	$21,073	$9,426
Year 17	$33,517	$23,035	$10,482
Year 18	$36,716	$25,050	$11,666
Year 19	$40,107	$27,122	$12,985
Year 20	$43,701	$29,255	$14,447
Year 21	$47,511	$31,452	$16,059
Year 22	$51,550	$33,720	$17,831
Year 23	$55,831	$36,062	$19,769
Year 24	$60,369	$38,484	$21,885
Year 25	$65,179	$40,993	$24,186

Calculate YOUR Savings

Enter your actual Ameren Illinois bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Gorham

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Gorham

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com