How Much Can Solar Save in Irvington?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$115
Current Bill/mo
$133
Est. Lease + Battery
6.5 yrs
Payback Period
$35,990
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
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 Irvington
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $115/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $7,452 | $5,820 |
| 25-Year Cost | $75,713 | $39,723 |
| 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
$35,990
Without Solar
With Solar
Year 1Payback Year
$1,380
$1,372
Year 5
$7,779
$1,558
Year 10
$18,189
$9,265
Year 15
$32,121
$17,902
Year 20
$50,764
$27,867
Year 25
$75,713
$39,723
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,380 | $1,372 | $8 |
| Year 2 | $2,843 | -$2,743 | $5,586 |
| Year 3 | $4,393 | -$1,332 | $5,725 |
| Year 4 | $6,037 | $101 | $5,936 |
| Year 5 | $7,779 | $1,558 | $6,222 |
| Year 6 | $9,626 | $3,040 | $6,586 |
| Year 7 | $11,583 | $4,550 | $7,034 |
| Year 8 | $13,659 | $6,089 | $7,570 |
| Year 9 | $15,858 | $7,660 | $8,198 |
| Year 10 | $18,189 | $9,265 | $8,924 |
| Year 11 | $20,661 | $10,907 | $9,753 |
| Year 12 | $23,281 | $12,589 | $10,691 |
| Year 13 | $26,057 | $14,313 | $11,744 |
| Year 14 | $29,001 | $16,083 | $12,918 |
| Year 15 | $32,121 | $17,902 | $14,219 |
| Year 16 | $35,428 | $19,773 | $15,655 |
| Year 17 | $38,934 | $21,701 | $17,233 |
| Year 18 | $42,650 | $23,690 | $18,960 |
| Year 19 | $46,589 | $25,744 | $20,845 |
| Year 20 | $50,764 | $27,867 | $22,897 |
| Year 21 | $55,190 | $30,066 | $25,124 |
| Year 22 | $59,881 | $32,345 | $27,537 |
| Year 23 | $64,854 | $34,710 | $30,145 |
| Year 24 | $70,125 | $37,167 | $32,959 |
| Year 25 | $75,713 | $39,723 | $35,990 |
Start Saving in Irvington
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