How Much Can Solar Save in Lexington?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$141
Current Bill/mo
$149
Est. Lease + Battery
6.1 yrs
Payback Period
$47,463
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
$141
Annual Cost
$1,692
25-Year Cost (No Solar)
$92,831
Your Solar Investment
6.5 kW System
$18,850
$10,394
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506
With vs Without Solar in Lexington
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $141/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $9,137 | $6,840 |
| 25-Year Cost | $92,831 | $45,368 |
| 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
$47,463
Without Solar
With Solar
Year 1Payback Year
$1,692
$1,585
Year 5
$9,538
$1,645
Year 10
$22,302
$10,511
Year 15
$39,383
$20,415
Year 20
$62,241
$31,818
Year 25
$92,831
$45,367
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,692 | $1,585 | $107 |
| Year 2 | $3,486 | -$3,315 | $6,800 |
| Year 3 | $5,387 | -$1,686 | $7,073 |
| Year 4 | $7,402 | -$34 | $7,435 |
| Year 5 | $9,538 | $1,645 | $7,893 |
| Year 6 | $11,802 | $3,353 | $8,450 |
| Year 7 | $14,202 | $5,090 | $9,112 |
| Year 8 | $16,747 | $6,861 | $9,886 |
| Year 9 | $19,443 | $8,667 | $10,777 |
| Year 10 | $22,302 | $10,511 | $11,791 |
| Year 11 | $25,332 | $12,396 | $12,936 |
| Year 12 | $28,544 | $14,325 | $14,218 |
| Year 13 | $31,949 | $16,303 | $15,646 |
| Year 14 | $35,557 | $18,331 | $17,226 |
| Year 15 | $39,383 | $20,415 | $18,968 |
| Year 16 | $43,438 | $22,558 | $20,880 |
| Year 17 | $47,736 | $24,765 | $22,972 |
| Year 18 | $52,292 | $27,040 | $25,252 |
| Year 19 | $57,122 | $29,389 | $27,733 |
| Year 20 | $62,241 | $31,818 | $30,424 |
| Year 21 | $67,668 | $34,331 | $33,337 |
| Year 22 | $73,420 | $36,936 | $36,484 |
| Year 23 | $79,517 | $39,638 | $39,879 |
| Year 24 | $85,980 | $42,446 | $43,534 |
| Year 25 | $92,831 | $45,367 | $47,463 |
Start Saving in Lexington
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