How Much Can Solar Save in Kincaid?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$116
Current Bill/mo
$133
Est. Lease + Battery
6.9 yrs
Payback Period
$34,171
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
$116
Annual Cost
$1,392
25-Year Cost (No Solar)
$76,371
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 Kincaid
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-8/mo |
| 5-Year Cost | $7,517 | $6,300 |
| 25-Year Cost | $76,371 | $42,200 |
| 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
$34,171
Without Solar
With Solar
Year 1
$1,392
$1,483
Year 2Payback Year
$2,868
-$3,020
Year 5
$7,847
$1,617
Year 10
$18,348
$9,897
Year 15
$32,400
$19,123
Year 20
$51,206
$29,700
Year 25
$76,371
$42,200
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,392 | $1,483 | -$91 |
| Year 2Payback | $2,868 | -$3,020 | $5,888 |
| Year 3 | $4,432 | -$1,497 | $5,929 |
| Year 4 | $6,089 | $48 | $6,041 |
| Year 5 | $7,847 | $1,617 | $6,229 |
| Year 6 | $9,710 | $3,213 | $6,497 |
| Year 7 | $11,684 | $4,837 | $6,848 |
| Year 8 | $13,777 | $6,490 | $7,287 |
| Year 9 | $15,996 | $8,176 | $7,820 |
| Year 10 | $18,348 | $9,897 | $8,450 |
| Year 11 | $20,841 | $11,656 | $9,185 |
| Year 12 | $23,483 | $13,454 | $10,029 |
| Year 13 | $26,284 | $15,296 | $10,988 |
| Year 14 | $29,253 | $17,185 | $12,068 |
| Year 15 | $32,400 | $19,123 | $13,277 |
| Year 16 | $35,736 | $21,115 | $14,621 |
| Year 17 | $39,272 | $23,164 | $16,108 |
| Year 18 | $43,021 | $25,275 | $17,746 |
| Year 19 | $46,994 | $27,452 | $19,542 |
| Year 20 | $51,206 | $29,700 | $21,505 |
| Year 21 | $55,670 | $32,025 | $23,645 |
| Year 22 | $60,402 | $34,431 | $25,971 |
| Year 23 | $65,418 | $36,924 | $28,494 |
| Year 24 | $70,735 | $39,512 | $31,223 |
| Year 25 | $76,371 | $42,200 | $34,171 |
Start Saving in Kincaid
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