How Much Can Solar Save in Ivesdale?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$125
Current Bill/mo
$141
Est. Lease + Battery
6.3 yrs
Payback Period
$41,819
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
$125
Annual Cost
$1,500
25-Year Cost (No Solar)
$82,297
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 Ivesdale
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $8,100 | $6,300 |
| 25-Year Cost | $82,297 | $40,478 |
| 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
$41,819
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,441
Year 5
$8,456
$1,389
Year 10
$19,771
$9,390
Year 15
$34,914
$18,280
Year 20
$55,178
$28,455
Year 25
$82,297
$40,477
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,441 | $59 |
| Year 2 | $3,090 | -$3,106 | $6,196 |
| Year 3 | $4,775 | -$1,629 | $6,404 |
| Year 4 | $6,562 | -$131 | $6,693 |
| Year 5 | $8,456 | $1,389 | $7,067 |
| Year 6 | $10,463 | $2,933 | $7,530 |
| Year 7 | $12,591 | $4,503 | $8,088 |
| Year 8 | $14,846 | $6,101 | $8,745 |
| Year 9 | $17,237 | $7,730 | $9,507 |
| Year 10 | $19,771 | $9,390 | $10,381 |
| Year 11 | $22,457 | $11,087 | $11,371 |
| Year 12 | $25,305 | $12,821 | $12,484 |
| Year 13 | $28,323 | $14,595 | $13,728 |
| Year 14 | $31,523 | $16,414 | $15,109 |
| Year 15 | $34,914 | $18,280 | $16,634 |
| Year 16 | $38,509 | $20,197 | $18,312 |
| Year 17 | $42,319 | $22,169 | $20,151 |
| Year 18 | $46,358 | $24,199 | $22,159 |
| Year 19 | $50,640 | $26,293 | $24,347 |
| Year 20 | $55,178 | $28,455 | $26,723 |
| Year 21 | $59,989 | $30,690 | $29,299 |
| Year 22 | $65,088 | $33,004 | $32,084 |
| Year 23 | $70,494 | $35,402 | $35,092 |
| Year 24 | $76,223 | $37,891 | $38,332 |
| Year 25 | $82,297 | $40,477 | $41,819 |
Start Saving in Ivesdale
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Ameren Illinois rates projected to rise again next year. Lock in savings now.