How Much Can Solar Save in Greenup?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$119
Current Bill/mo
$136
Est. Lease + Battery
6.2 yrs
Payback Period
$38,703
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
$119
Annual Cost
$1,428
25-Year Cost (No Solar)
$78,347
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 Greenup
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $119/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $7,711 | $5,820 |
| 25-Year Cost | $78,347 | $39,644 |
| 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
$38,703
Without Solar
With Solar
Year 1Payback Year
$1,428
$1,366
Year 5
$8,050
$1,531
Year 10
$18,822
$9,213
Year 15
$33,238
$17,828
Year 20
$52,530
$27,782
Year 25
$78,347
$39,643
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,428 | $1,366 | $62 |
| Year 2 | $2,942 | -$2,754 | $5,695 |
| Year 3 | $4,546 | -$1,348 | $5,894 |
| Year 4 | $6,247 | $80 | $6,167 |
| Year 5 | $8,050 | $1,531 | $6,519 |
| Year 6 | $9,961 | $3,008 | $6,953 |
| Year 7 | $11,986 | $4,513 | $7,474 |
| Year 8 | $14,134 | $6,047 | $8,087 |
| Year 9 | $16,410 | $7,613 | $8,797 |
| Year 10 | $18,822 | $9,213 | $9,609 |
| Year 11 | $21,380 | $10,850 | $10,529 |
| Year 12 | $24,090 | $12,528 | $11,563 |
| Year 13 | $26,964 | $14,247 | $12,716 |
| Year 14 | $30,010 | $16,013 | $13,996 |
| Year 15 | $33,238 | $17,828 | $15,410 |
| Year 16 | $36,660 | $19,696 | $16,964 |
| Year 17 | $40,288 | $21,621 | $18,667 |
| Year 18 | $44,133 | $23,607 | $20,526 |
| Year 19 | $48,209 | $25,659 | $22,550 |
| Year 20 | $52,530 | $27,782 | $24,748 |
| Year 21 | $57,110 | $29,979 | $27,130 |
| Year 22 | $61,964 | $32,258 | $29,706 |
| Year 23 | $67,110 | $34,624 | $32,486 |
| Year 24 | $72,565 | $37,084 | $35,481 |
| Year 25 | $78,347 | $39,643 | $38,703 |
Start Saving in Greenup
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Ameren Illinois rates projected to rise again next year. Lock in savings now.