How Much Can Solar Save in Irving?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$105
Current Bill/mo
$126
Est. Lease + Battery
6.6 yrs
Payback Period
$31,211
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
$105
Annual Cost
$1,260
25-Year Cost (No Solar)
$69,129
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Irving
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $105/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-2/mo |
| 5-Year Cost | $6,804 | $5,280 |
| 25-Year Cost | $69,129 | $37,918 |
| 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
$31,211
Without Solar
With Solar
Year 1
$1,260
$1,282
Year 2Payback Year
$2,596
-$2,422
Year 5
$7,103
$1,611
Year 10
$16,608
$8,875
Year 15
$29,328
$17,062
Year 20
$46,350
$26,562
Year 25
$69,129
$37,918
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,260 | $1,282 | -$22 |
| Year 2Payback | $2,596 | -$2,422 | $5,018 |
| Year 3 | $4,011 | -$1,100 | $5,112 |
| Year 4 | $5,512 | $244 | $5,268 |
| Year 5 | $7,103 | $1,611 | $5,491 |
| Year 6 | $8,789 | $3,005 | $5,784 |
| Year 7 | $10,576 | $4,426 | $6,151 |
| Year 8 | $12,471 | $5,876 | $6,595 |
| Year 9 | $14,479 | $7,358 | $7,121 |
| Year 10 | $16,608 | $8,875 | $7,733 |
| Year 11 | $18,864 | $10,428 | $8,436 |
| Year 12 | $21,256 | $12,020 | $9,236 |
| Year 13 | $23,791 | $13,655 | $10,137 |
| Year 14 | $26,479 | $15,334 | $11,145 |
| Year 15 | $29,328 | $17,062 | $12,265 |
| Year 16 | $32,347 | $18,843 | $13,505 |
| Year 17 | $35,548 | $20,678 | $14,870 |
| Year 18 | $38,941 | $22,574 | $16,367 |
| Year 19 | $42,538 | $24,534 | $18,004 |
| Year 20 | $46,350 | $26,562 | $19,787 |
| Year 21 | $50,391 | $28,664 | $21,726 |
| Year 22 | $54,674 | $30,845 | $23,829 |
| Year 23 | $59,215 | $33,110 | $26,105 |
| Year 24 | $64,028 | $35,466 | $28,562 |
| Year 25 | $69,129 | $37,918 | $31,211 |
Start Saving in Irving
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Ameren Illinois rates projected to rise again next year. Lock in savings now.