How Much Can Solar Save in McLean?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$127
Current Bill/mo
$140
Est. Lease + Battery
7.2 yrs
Payback Period
$36,325
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
$127
Annual Cost
$1,524
25-Year Cost (No Solar)
$83,614
Your Solar Investment
7 kW System
$20,300
$11,194
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,006
With vs Without Solar in McLean
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $127/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-15/mo |
| 5-Year Cost | $8,230 | $7,380 |
| 25-Year Cost | $83,614 | $47,289 |
| 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
$36,325
Without Solar
With Solar
Year 1
$1,524
$1,699
Year 2Payback Year
$3,139
-$3,587
Year 5
$8,591
$1,711
Year 10
$20,088
$11,122
Year 15
$35,473
$21,537
Year 20
$56,061
$33,388
Year 25
$83,614
$47,288
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,524 | $1,699 | -$175 |
| Year 2Payback | $3,139 | -$3,587 | $6,726 |
| Year 3 | $4,852 | -$1,845 | $6,697 |
| Year 4 | $6,667 | -$80 | $6,747 |
| Year 5 | $8,591 | $1,711 | $6,880 |
| Year 6 | $10,630 | $3,529 | $7,101 |
| Year 7 | $12,792 | $5,377 | $7,415 |
| Year 8 | $15,084 | $7,257 | $7,827 |
| Year 9 | $17,513 | $9,171 | $8,341 |
| Year 10 | $20,088 | $11,122 | $8,965 |
| Year 11 | $22,817 | $13,113 | $9,703 |
| Year 12 | $25,710 | $15,147 | $10,563 |
| Year 13 | $28,776 | $17,226 | $11,550 |
| Year 14 | $32,027 | $19,355 | $12,672 |
| Year 15 | $35,473 | $21,537 | $13,936 |
| Year 16 | $39,125 | $23,775 | $15,350 |
| Year 17 | $42,996 | $26,075 | $16,921 |
| Year 18 | $47,100 | $28,441 | $18,660 |
| Year 19 | $51,450 | $30,877 | $20,574 |
| Year 20 | $56,061 | $33,388 | $22,673 |
| Year 21 | $60,949 | $35,981 | $24,968 |
| Year 22 | $66,130 | $38,661 | $27,469 |
| Year 23 | $71,622 | $41,434 | $30,188 |
| Year 24 | $77,443 | $44,307 | $33,136 |
| Year 25 | $83,614 | $47,288 | $36,325 |
Start Saving in McLean
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Ameren Illinois rates projected to rise again next year. Lock in savings now.