How Much Can Solar Save in Mechanicsburg?

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

$151
Current Bill/mo
$154
Est. Lease + Battery
7 yrs
Payback Period
$45,198
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

$151

Annual Cost

$1,812

25-Year Cost (No Solar)

$99,414

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 Mechanicsburg

MetricWithout SolarWith Solar
Monthly Cost$151/mo$140/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-11/mo
5-Year Cost$9,785$8,400
25-Year Cost$99,414$54,216
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

$45,198

Without Solar
With Solar
Year 1
$1,812
$1,940
Year 2Payback Year
$3,733
-$4,103
Year 5
$10,214
$1,948
Year 10
$23,884
$12,708
Year 15
$42,176
$24,633
Year 20
$66,655
$38,230
Year 25
$99,414
$54,217
YearWithout SolarWith SolarCumulative Savings
Year 1$1,812$1,940-$128
Year 2Payback$3,733-$4,103$7,836
Year 3$5,769-$2,114$7,883
Year 4$7,927-$98$8,025
Year 5$10,214$1,948$8,266
Year 6$12,639$4,026$8,613
Year 7$15,210$6,138$9,071
Year 8$17,934$8,287$9,647
Year 9$20,822$10,476$10,346
Year 10$23,884$12,708$11,176
Year 11$27,129$14,986$12,143
Year 12$30,568$17,314$13,255
Year 13$34,214$19,694$14,520
Year 14$38,079$22,133$15,947
Year 15$42,176$24,633$17,543
Year 16$46,519$27,199$19,320
Year 17$51,122$29,836$21,286
Year 18$56,001$32,550$23,451
Year 19$61,173$35,346$25,827
Year 20$66,655$38,230$28,425
Year 21$72,467$41,209$31,258
Year 22$78,627$44,289$34,337
Year 23$85,156$47,479$37,678
Year 24$92,078$50,785$41,293
Year 25$99,414$54,217$45,198

Start Saving in Mechanicsburg

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