How Much Can Solar Save in Kinmundy?

Real numbers based on current Ameren Illinois rates and Illinois incentives.

$115
Current Bill/mo
$133
Est. Lease + Battery
9.3 yrs
Payback Period
$23,077
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

8.5 kW System

$24,650

$13,592

After All IL Incentives

DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$8,508

With vs Without Solar in Kinmundy

MetricWithout SolarWith Solar
Monthly Cost$115/mo$149/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-52/mo
5-Year Cost$7,452$8,940
25-Year Cost$75,713$52,636
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$23,077

Without Solar
With Solar
Year 1
$1,380
$2,006
Year 2Payback Year
$2,843
-$4,477
Year 5
$7,779
$1,727
Year 10
$18,189
$12,612
Year 15
$32,121
$24,430
Year 20
$50,764
$37,583
Year 25
$75,713
$52,636
YearWithout SolarWith SolarCumulative Savings
Year 1$1,380$2,006-$626
Year 2Payback$2,843-$4,477$7,320
Year 3$4,393-$2,432$6,825
Year 4$6,037-$364$6,401
Year 5$7,779$1,727$6,052
Year 6$9,626$3,845$5,781
Year 7$11,583$5,989$5,594
Year 8$13,659$8,164$5,495
Year 9$15,858$10,371$5,487
Year 10$18,189$12,612$5,578
Year 11$20,661$14,890$5,771
Year 12$23,281$17,207$6,073
Year 13$26,057$19,568$6,490
Year 14$29,001$21,974$7,027
Year 15$32,121$24,430$7,691
Year 16$35,428$26,938$8,490
Year 17$38,934$29,504$9,430
Year 18$42,650$32,130$10,520
Year 19$46,589$34,822$11,767
Year 20$50,764$37,583$13,181
Year 21$55,190$40,421$14,769
Year 22$59,881$43,338$16,543
Year 23$64,854$46,343$18,512
Year 24$70,125$49,440$20,686
Year 25$75,713$52,636$23,077

Start Saving in Kinmundy

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Ameren Illinois rates projected to rise again next year. Lock in savings now.