How Much Can Solar Save in Lebanon?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$128
Current Bill/mo
$139
Est. Lease + Battery
6.4 yrs
Payback Period
$39,576
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
$128
Annual Cost
$1,536
25-Year Cost (No Solar)
$84,272
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 Lebanon
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $128/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $8,294 | $6,300 |
| 25-Year Cost | $84,272 | $44,696 |
| 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
$39,576
Without Solar
With Solar
Year 1Payback Year
$1,536
$1,521
Year 5
$8,659
$1,837
Year 10
$20,246
$10,431
Year 15
$35,752
$20,102
Year 20
$56,503
$31,310
Year 25
$84,272
$44,696
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,536 | $1,521 | $15 |
| Year 2 | $3,164 | -$2,942 | $6,106 |
| Year 3 | $4,890 | -$1,375 | $6,265 |
| Year 4 | $6,719 | $217 | $6,502 |
| Year 5 | $8,659 | $1,837 | $6,821 |
| Year 6 | $10,714 | $3,487 | $7,227 |
| Year 7 | $12,893 | $5,169 | $7,724 |
| Year 8 | $15,203 | $6,885 | $8,317 |
| Year 9 | $17,651 | $8,638 | $9,012 |
| Year 10 | $20,246 | $10,431 | $9,815 |
| Year 11 | $22,996 | $12,267 | $10,730 |
| Year 12 | $25,912 | $14,148 | $11,764 |
| Year 13 | $29,003 | $16,079 | $12,924 |
| Year 14 | $32,279 | $18,062 | $14,217 |
| Year 15 | $35,752 | $20,102 | $15,649 |
| Year 16 | $39,433 | $22,204 | $17,229 |
| Year 17 | $43,335 | $24,370 | $18,965 |
| Year 18 | $47,471 | $26,606 | $20,865 |
| Year 19 | $51,855 | $28,918 | $22,937 |
| Year 20 | $56,503 | $31,310 | $25,193 |
| Year 21 | $61,429 | $33,788 | $27,641 |
| Year 22 | $66,651 | $36,359 | $30,291 |
| Year 23 | $72,186 | $39,029 | $33,156 |
| Year 24 | $78,053 | $41,806 | $36,247 |
| Year 25 | $84,272 | $44,696 | $39,576 |
Start Saving in Lebanon
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Ameren Illinois rates projected to rise again next year. Lock in savings now.