How Much Can Solar Save in Industry?

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

$115
Current Bill/mo
$134
Est. Lease + Battery
7.3 yrs
Payback Period
$33,083
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

$115

Annual Cost

$1,380

25-Year Cost (No Solar)

$75,713

Your Solar Investment

6.5 kW System

$18,850

$10,394

After All IL Incentives

DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506

With vs Without Solar in Industry

MetricWithout SolarWith Solar
Monthly Cost$115/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-15/mo
5-Year Cost$7,452$6,840
25-Year Cost$75,713$42,630
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

$33,083

Without Solar
With Solar
Year 1
$1,380
$1,556
Year 2Payback Year
$2,843
-$3,377
Year 5
$7,779
$1,461
Year 10
$18,189
$10,028
Year 15
$32,121
$19,464
Year 20
$50,764
$30,152
Year 25
$75,713
$42,630
YearWithout SolarWith SolarCumulative Savings
Year 1$1,380$1,556-$176
Year 2Payback$2,843-$3,377$6,220
Year 3$4,393-$1,785$6,179
Year 4$6,037-$173$6,210
Year 5$7,779$1,461$6,318
Year 6$9,626$3,119$6,507
Year 7$11,583$4,803$6,781
Year 8$13,659$6,514$7,144
Year 9$15,858$8,255$7,603
Year 10$18,189$10,028$8,162
Year 11$20,661$11,835$8,826
Year 12$23,281$13,680$9,601
Year 13$26,057$15,564$10,494
Year 14$29,001$17,491$11,510
Year 15$32,121$19,464$12,657
Year 16$35,428$21,487$13,941
Year 17$38,934$23,563$15,371
Year 18$42,650$25,696$16,953
Year 19$46,589$27,891$18,697
Year 20$50,764$30,152$20,612
Year 21$55,190$32,484$22,706
Year 22$59,881$34,892$24,990
Year 23$64,854$37,381$27,473
Year 24$70,125$39,958$30,167
Year 25$75,713$42,630$33,083

Start Saving in Industry

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