How Much Can Solar Save in Long Point?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$116
Current Bill/mo
$135
Est. Lease + Battery
8.6 yrs
Payback Period
$27,409
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
8 kW System
$23,200
$12,793
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$8,007
With vs Without Solar in Long Point
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $116/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-40/mo |
| 5-Year Cost | $7,517 | $8,400 |
| 25-Year Cost | $76,371 | $48,962 |
| 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
$27,409
Without Solar
With Solar
Year 1
$1,392
$1,869
Year 2Payback Year
$2,868
-$4,251
Year 5
$7,847
$1,528
Year 10
$18,348
$11,662
Year 15
$32,400
$22,664
Year 20
$51,206
$34,918
Year 25
$76,371
$48,962
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,392 | $1,869 | -$477 |
| Year 2Payback | $2,868 | -$4,251 | $7,118 |
| Year 3 | $4,432 | -$2,345 | $6,777 |
| Year 4 | $6,089 | -$419 | $6,509 |
| Year 5 | $7,847 | $1,528 | $6,318 |
| Year 6 | $9,710 | $3,500 | $6,210 |
| Year 7 | $11,684 | $5,497 | $6,187 |
| Year 8 | $13,777 | $7,522 | $6,256 |
| Year 9 | $15,996 | $9,576 | $6,420 |
| Year 10 | $18,348 | $11,662 | $6,686 |
| Year 11 | $20,841 | $13,783 | $7,058 |
| Year 12 | $23,483 | $15,940 | $7,543 |
| Year 13 | $26,284 | $18,138 | $8,146 |
| Year 14 | $29,253 | $20,378 | $8,875 |
| Year 15 | $32,400 | $22,664 | $9,736 |
| Year 16 | $35,736 | $25,000 | $10,736 |
| Year 17 | $39,272 | $27,390 | $11,883 |
| Year 18 | $43,021 | $29,836 | $13,185 |
| Year 19 | $46,994 | $32,344 | $14,650 |
| Year 20 | $51,206 | $34,918 | $16,287 |
| Year 21 | $55,670 | $37,563 | $18,107 |
| Year 22 | $60,402 | $40,284 | $20,118 |
| Year 23 | $65,418 | $43,087 | $22,331 |
| Year 24 | $70,735 | $45,978 | $24,758 |
| Year 25 | $76,371 | $48,962 | $27,409 |
Start Saving in Long Point
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