How Much Can Solar Save in Medora?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$117
Current Bill/mo
$133
Est. Lease + Battery
6.5 yrs
Payback Period
$36,063
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
$117
Annual Cost
$1,404
25-Year Cost (No Solar)
$77,030
Your Solar Investment
5.5 kW System
$15,950
$8,795
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$5,505
With vs Without Solar in Medora
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $117/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $7,582 | $5,820 |
| 25-Year Cost | $77,030 | $40,967 |
| 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
$36,063
Without Solar
With Solar
Year 1Payback Year
$1,404
$1,394
Year 5
$7,914
$1,685
Year 10
$18,506
$9,563
Year 15
$32,679
$18,429
Year 20
$51,647
$28,701
Year 25
$77,030
$40,967
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,404 | $1,394 | $10 |
| Year 2 | $2,892 | -$2,696 | $5,589 |
| Year 3 | $4,470 | -$1,260 | $5,730 |
| Year 4 | $6,142 | $200 | $5,942 |
| Year 5 | $7,914 | $1,685 | $6,229 |
| Year 6 | $9,793 | $3,197 | $6,596 |
| Year 7 | $11,785 | $4,739 | $7,046 |
| Year 8 | $13,896 | $6,313 | $7,583 |
| Year 9 | $16,134 | $7,920 | $8,214 |
| Year 10 | $18,506 | $9,563 | $8,943 |
| Year 11 | $21,020 | $11,246 | $9,774 |
| Year 12 | $23,685 | $12,971 | $10,715 |
| Year 13 | $26,511 | $14,740 | $11,770 |
| Year 14 | $29,505 | $16,558 | $12,947 |
| Year 15 | $32,679 | $18,429 | $14,251 |
| Year 16 | $36,044 | $20,354 | $15,690 |
| Year 17 | $39,611 | $22,340 | $17,271 |
| Year 18 | $43,392 | $24,390 | $19,002 |
| Year 19 | $47,399 | $26,508 | $20,891 |
| Year 20 | $51,647 | $28,701 | $22,946 |
| Year 21 | $56,150 | $30,972 | $25,178 |
| Year 22 | $60,923 | $33,328 | $27,595 |
| Year 23 | $65,982 | $35,775 | $30,207 |
| Year 24 | $71,345 | $38,319 | $33,026 |
| Year 25 | $77,030 | $40,967 | $36,063 |
Start Saving in Medora
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