How Much Can Solar Save in Granite City?

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

$120
Current Bill/mo
$134
Est. Lease + Battery
6.3 yrs
Payback Period
$37,437
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

$120

Annual Cost

$1,440

25-Year Cost (No Solar)

$79,005

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 Granite City

MetricWithout SolarWith Solar
Monthly Cost$120/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$3/mo
5-Year Cost$7,776$5,820
25-Year Cost$79,005$41,568
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

$37,437

Without Solar
With Solar
Year 1Payback Year
$1,440
$1,403
Year 5
$8,117
$1,737
Year 10
$18,980
$9,691
Year 15
$33,517
$18,663
Year 20
$52,971
$29,087
Year 25
$79,005
$41,568
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,440$1,403$37
Year 2$2,966-$2,678$5,644
Year 3$4,584-$1,231$5,815
Year 4$6,299$240$6,059
Year 5$8,117$1,737$6,380
Year 6$10,044$3,263$6,782
Year 7$12,087$4,819$7,268
Year 8$14,252$6,407$7,845
Year 9$16,547$8,030$8,517
Year 10$18,980$9,691$9,289
Year 11$21,559$11,392$10,167
Year 12$24,293$13,137$11,156
Year 13$27,190$14,928$12,263
Year 14$30,262$16,769$13,493
Year 15$33,517$18,663$14,854
Year 16$36,968$20,615$16,353
Year 17$40,627$22,629$17,997
Year 18$44,504$24,709$19,795
Year 19$48,614$26,860$21,754
Year 20$52,971$29,087$23,884
Year 21$57,590$31,396$26,194
Year 22$62,485$33,792$28,693
Year 23$67,674$36,281$31,393
Year 24$73,174$38,871$34,303
Year 25$79,005$41,568$37,437

Start Saving in Granite City

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