How Much Can Solar Save in Minier?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$130
Current Bill/mo
$142
Est. Lease + Battery
7.9 yrs
Payback Period
$33,915
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
$130
Annual Cost
$1,560
25-Year Cost (No Solar)
$85,589
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 Minier
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $130/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-29/mo |
| 5-Year Cost | $8,424 | $8,400 |
| 25-Year Cost | $85,589 | $51,674 |
| 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
$33,915
Without Solar
With Solar
Year 1
$1,560
$1,910
Year 2Payback Year
$3,214
-$4,167
Year 5
$8,794
$1,763
Year 10
$20,562
$12,234
Year 15
$36,311
$23,719
Year 20
$57,386
$36,659
Year 25
$85,589
$51,674
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,560 | $1,910 | -$350 |
| Year 2Payback | $3,214 | -$4,167 | $7,381 |
| Year 3 | $4,966 | -$2,215 | $7,181 |
| Year 4 | $6,824 | -$239 | $7,063 |
| Year 5 | $8,794 | $1,763 | $7,031 |
| Year 6 | $10,881 | $3,793 | $7,089 |
| Year 7 | $13,094 | $5,852 | $7,242 |
| Year 8 | $15,440 | $7,944 | $7,496 |
| Year 9 | $17,926 | $10,071 | $7,856 |
| Year 10 | $20,562 | $12,234 | $8,328 |
| Year 11 | $23,356 | $14,438 | $8,917 |
| Year 12 | $26,317 | $16,685 | $9,632 |
| Year 13 | $29,456 | $18,979 | $10,477 |
| Year 14 | $32,784 | $21,322 | $11,461 |
| Year 15 | $36,311 | $23,719 | $12,591 |
| Year 16 | $40,049 | $26,174 | $13,875 |
| Year 17 | $44,012 | $28,691 | $15,321 |
| Year 18 | $48,213 | $31,274 | $16,939 |
| Year 19 | $52,666 | $33,928 | $18,737 |
| Year 20 | $57,386 | $36,659 | $20,726 |
| Year 21 | $62,389 | $39,472 | $22,916 |
| Year 22 | $67,692 | $42,374 | $25,318 |
| Year 23 | $73,313 | $45,370 | $27,944 |
| Year 24 | $79,272 | $48,467 | $30,805 |
| Year 25 | $85,589 | $51,674 | $33,915 |
Start Saving in Minier
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Ameren Illinois rates projected to rise again next year. Lock in savings now.