How Much Can Solar Save in Jerome?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$125
Current Bill/mo
$136
Est. Lease + Battery
6.7 yrs
Payback Period
$37,166
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 Jerome
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-3/mo |
| 5-Year Cost | $8,100 | $6,300 |
| 25-Year Cost | $82,297 | $45,131 |
| 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
$37,166
Without Solar
With Solar
Year 1
$1,500
$1,532
Year 2Payback Year
$3,090
-$2,919
Year 5
$8,456
$1,898
Year 10
$19,771
$10,565
Year 15
$34,914
$20,322
Year 20
$55,178
$31,630
Year 25
$82,297
$45,130
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,500 | $1,532 | -$32 |
| Year 2Payback | $3,090 | -$2,919 | $6,009 |
| Year 3 | $4,775 | -$1,340 | $6,115 |
| Year 4 | $6,562 | $265 | $6,297 |
| Year 5 | $8,456 | $1,898 | $6,557 |
| Year 6 | $10,463 | $3,562 | $6,901 |
| Year 7 | $12,591 | $5,258 | $7,333 |
| Year 8 | $14,846 | $6,988 | $7,858 |
| Year 9 | $17,237 | $8,756 | $8,481 |
| Year 10 | $19,771 | $10,565 | $9,206 |
| Year 11 | $22,457 | $12,417 | $10,041 |
| Year 12 | $25,305 | $14,315 | $10,990 |
| Year 13 | $28,323 | $16,262 | $12,061 |
| Year 14 | $31,523 | $18,264 | $13,259 |
| Year 15 | $34,914 | $20,322 | $14,592 |
| Year 16 | $38,509 | $22,442 | $16,067 |
| Year 17 | $42,319 | $24,628 | $17,691 |
| Year 18 | $46,358 | $26,884 | $19,474 |
| Year 19 | $50,640 | $29,217 | $21,423 |
| Year 20 | $55,178 | $31,630 | $23,549 |
| Year 21 | $59,989 | $34,130 | $25,859 |
| Year 22 | $65,088 | $36,723 | $28,365 |
| Year 23 | $70,494 | $39,416 | $31,077 |
| Year 24 | $76,223 | $42,216 | $34,007 |
| Year 25 | $82,297 | $45,130 | $37,166 |
Start Saving in Jerome
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Ameren Illinois rates projected to rise again next year. Lock in savings now.