How Much Can Solar Save in Hamel?

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

$157
Current Bill/mo
$158
Est. Lease + Battery
6.3 yrs
Payback Period
$51,508
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

$157

Annual Cost

$1,884

25-Year Cost (No Solar)

$103,365

Your Solar Investment

7.5 kW System

$21,750

$11,993

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507

With vs Without Solar in Hamel

MetricWithout SolarWith Solar
Monthly Cost$157/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$5/mo
5-Year Cost$10,174$7,920
25-Year Cost$103,365$51,857
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

$51,508

Without Solar
With Solar
Year 1Payback Year
$1,884
$1,825
Year 5
$10,620
$1,870
Year 10
$24,833
$12,050
Year 15
$43,852
$23,395
Year 20
$69,304
$36,422
Year 25
$103,365
$51,857
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,884$1,825$59
Year 2$3,881-$3,834$7,715
Year 3$5,998-$1,961$7,959
Year 4$8,242-$60$8,302
Year 5$10,620$1,870$8,750
Year 6$13,142$3,832$9,310
Year 7$15,814$5,828$9,986
Year 8$18,647$7,861$10,786
Year 9$21,650$9,934$11,716
Year 10$24,833$12,050$12,783
Year 11$28,207$14,211$13,995
Year 12$31,783$16,423$15,360
Year 13$35,574$18,688$16,886
Year 14$39,592$21,011$18,582
Year 15$43,852$23,395$20,457
Year 16$48,367$25,846$22,521
Year 17$53,153$28,369$24,784
Year 18$58,226$30,969$27,257
Year 19$63,604$33,651$29,953
Year 20$69,304$36,422$32,882
Year 21$75,346$39,289$36,057
Year 22$81,751$42,258$39,493
Year 23$88,540$45,337$43,203
Year 24$95,737$48,533$47,203
Year 25$103,365$51,857$51,508

Start Saving in Hamel

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