How Much Can Solar Save in Meredosia?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$114
Current Bill/mo
$133
Est. Lease + Battery
7.9 yrs
Payback Period
$29,925
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
$114
Annual Cost
$1,368
25-Year Cost (No Solar)
$75,055
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 Meredosia
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $114/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-25/mo |
| 5-Year Cost | $7,387 | $7,380 |
| 25-Year Cost | $75,055 | $45,130 |
| 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
$29,925
Without Solar
With Solar
Year 1
$1,368
$1,669
Year 2Payback Year
$2,818
-$3,650
Year 5
$7,712
$1,532
Year 10
$18,031
$10,682
Year 15
$31,842
$20,715
Year 20
$50,323
$32,017
Year 25
$75,055
$45,130
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,368 | $1,669 | -$301 |
| Year 2Payback | $2,818 | -$3,650 | $6,468 |
| Year 3 | $4,355 | -$1,944 | $6,299 |
| Year 4 | $5,984 | -$217 | $6,201 |
| Year 5 | $7,712 | $1,532 | $6,179 |
| Year 6 | $9,542 | $3,306 | $6,236 |
| Year 7 | $11,483 | $5,106 | $6,377 |
| Year 8 | $13,540 | $6,933 | $6,606 |
| Year 9 | $15,720 | $8,791 | $6,929 |
| Year 10 | $18,031 | $10,682 | $7,350 |
| Year 11 | $20,481 | $12,607 | $7,874 |
| Year 12 | $23,078 | $14,570 | $8,508 |
| Year 13 | $25,831 | $16,574 | $9,257 |
| Year 14 | $28,749 | $18,621 | $10,128 |
| Year 15 | $31,842 | $20,715 | $11,127 |
| Year 16 | $35,120 | $22,859 | $12,261 |
| Year 17 | $38,595 | $25,057 | $13,538 |
| Year 18 | $42,279 | $27,313 | $14,966 |
| Year 19 | $46,184 | $29,632 | $16,552 |
| Year 20 | $50,323 | $32,017 | $18,306 |
| Year 21 | $54,710 | $34,474 | $20,236 |
| Year 22 | $59,361 | $37,008 | $22,353 |
| Year 23 | $64,290 | $39,624 | $24,666 |
| Year 24 | $69,516 | $42,330 | $27,186 |
| Year 25 | $75,055 | $45,130 | $29,925 |
Start Saving in Meredosia
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