How Much Can Solar Save in Jonesboro?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$120
Current Bill/mo
$138
Est. Lease + Battery
6.5 yrs
Payback Period
$39,014
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
$120
Annual Cost
$1,440
25-Year Cost (No Solar)
$79,005
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 Jonesboro
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $120/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$0/mo |
| 5-Year Cost | $7,776 | $6,300 |
| 25-Year Cost | $79,005 | $39,991 |
| 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
$39,014
Without Solar
With Solar
Year 1Payback Year
$1,440
$1,436
Year 5
$8,117
$1,358
Year 10
$18,980
$9,308
Year 15
$33,517
$18,115
Year 20
$52,971
$28,162
Year 25
$79,005
$39,991
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,440 | $1,436 | $4 |
| Year 2 | $2,966 | -$3,117 | $6,083 |
| Year 3 | $4,584 | -$1,646 | $6,230 |
| Year 4 | $6,299 | -$155 | $6,454 |
| Year 5 | $8,117 | $1,358 | $6,760 |
| Year 6 | $10,044 | $2,894 | $7,151 |
| Year 7 | $12,087 | $4,454 | $7,633 |
| Year 8 | $14,252 | $6,042 | $8,210 |
| Year 9 | $16,547 | $7,659 | $8,888 |
| Year 10 | $18,980 | $9,308 | $9,673 |
| Year 11 | $21,559 | $10,990 | $10,569 |
| Year 12 | $24,293 | $12,709 | $11,584 |
| Year 13 | $27,190 | $14,467 | $12,723 |
| Year 14 | $30,262 | $16,268 | $13,993 |
| Year 15 | $33,517 | $18,115 | $15,403 |
| Year 16 | $36,968 | $20,010 | $16,958 |
| Year 17 | $40,627 | $21,959 | $18,668 |
| Year 18 | $44,504 | $23,964 | $20,540 |
| Year 19 | $48,614 | $26,030 | $22,584 |
| Year 20 | $52,971 | $28,162 | $24,809 |
| Year 21 | $57,590 | $30,364 | $27,225 |
| Year 22 | $62,485 | $32,643 | $29,842 |
| Year 23 | $67,674 | $35,003 | $32,671 |
| Year 24 | $73,174 | $37,450 | $35,725 |
| Year 25 | $79,005 | $39,991 | $39,014 |
Start Saving in Jonesboro
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