How Much Can Solar Save in Hillsboro?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$123
Current Bill/mo
$138
Est. Lease + Battery
6.5 yrs
Payback Period
$38,891
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
$123
Annual Cost
$1,476
25-Year Cost (No Solar)
$80,980
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 Hillsboro
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $123/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$0/mo |
| 5-Year Cost | $7,970 | $6,300 |
| 25-Year Cost | $80,980 | $42,089 |
| 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
$38,891
Without Solar
With Solar
Year 1Payback Year
$1,476
$1,474
Year 5
$8,320
$1,574
Year 10
$19,455
$9,813
Year 15
$34,355
$19,006
Year 20
$54,296
$29,570
Year 25
$80,980
$42,089
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,476 | $1,474 | $2 |
| Year 2 | $3,041 | -$3,038 | $6,078 |
| Year 3 | $4,699 | -$1,523 | $6,222 |
| Year 4 | $6,457 | $13 | $6,444 |
| Year 5 | $8,320 | $1,574 | $6,746 |
| Year 6 | $10,296 | $3,161 | $7,134 |
| Year 7 | $12,389 | $4,776 | $7,613 |
| Year 8 | $14,609 | $6,422 | $8,187 |
| Year 9 | $16,961 | $8,100 | $8,861 |
| Year 10 | $19,455 | $9,813 | $9,642 |
| Year 11 | $22,098 | $11,564 | $10,534 |
| Year 12 | $24,900 | $13,356 | $11,544 |
| Year 13 | $27,870 | $15,191 | $12,679 |
| Year 14 | $31,018 | $17,074 | $13,945 |
| Year 15 | $34,355 | $19,006 | $15,349 |
| Year 16 | $37,893 | $20,994 | $16,899 |
| Year 17 | $41,642 | $23,039 | $18,603 |
| Year 18 | $45,617 | $25,147 | $20,470 |
| Year 19 | $49,830 | $27,323 | $22,507 |
| Year 20 | $54,296 | $29,570 | $24,726 |
| Year 21 | $59,029 | $31,895 | $27,134 |
| Year 22 | $64,047 | $34,303 | $29,744 |
| Year 23 | $69,366 | $36,800 | $32,566 |
| Year 24 | $75,004 | $39,393 | $35,611 |
| Year 25 | $80,980 | $42,089 | $38,891 |
Start Saving in Hillsboro
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Ameren Illinois rates projected to rise again next year. Lock in savings now.