How Much Can Solar Save in Montrose?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$123
Current Bill/mo
$136
Est. Lease + Battery
7.1 yrs
Payback Period
$35,190
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
$123
Annual Cost
$1,476
25-Year Cost (No Solar)
$80,980
Your Solar Investment
6.5 kW System
$18,850
$10,394
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506
With vs Without Solar in Montrose
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $123/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-11/mo |
| 5-Year Cost | $7,970 | $6,840 |
| 25-Year Cost | $80,980 | $45,790 |
| 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
$35,190
Without Solar
With Solar
Year 1
$1,476
$1,610
Year 2Payback Year
$3,041
-$3,265
Year 5
$8,320
$1,772
Year 10
$19,455
$10,762
Year 15
$34,355
$20,774
Year 20
$54,296
$32,246
Year 25
$80,980
$45,790
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,476 | $1,610 | -$134 |
| Year 2Payback | $3,041 | -$3,265 | $6,305 |
| Year 3 | $4,699 | -$1,611 | $6,310 |
| Year 4 | $6,457 | $67 | $6,390 |
| Year 5 | $8,320 | $1,772 | $6,549 |
| Year 6 | $10,296 | $3,504 | $6,791 |
| Year 7 | $12,389 | $5,267 | $7,122 |
| Year 8 | $14,609 | $7,063 | $7,546 |
| Year 9 | $16,961 | $8,893 | $8,068 |
| Year 10 | $19,455 | $10,762 | $8,693 |
| Year 11 | $22,098 | $12,670 | $9,428 |
| Year 12 | $24,900 | $14,623 | $10,277 |
| Year 13 | $27,870 | $16,622 | $11,248 |
| Year 14 | $31,018 | $18,671 | $12,347 |
| Year 15 | $34,355 | $20,774 | $13,581 |
| Year 16 | $37,893 | $22,935 | $14,957 |
| Year 17 | $41,642 | $25,158 | $16,484 |
| Year 18 | $45,617 | $27,448 | $18,169 |
| Year 19 | $49,830 | $29,809 | $20,021 |
| Year 20 | $54,296 | $32,246 | $22,049 |
| Year 21 | $59,029 | $34,766 | $24,263 |
| Year 22 | $64,047 | $37,374 | $26,673 |
| Year 23 | $69,366 | $40,076 | $29,290 |
| Year 24 | $75,004 | $42,879 | $32,125 |
| Year 25 | $80,980 | $45,790 | $35,190 |
Start Saving in Montrose
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Ameren Illinois rates projected to rise again next year. Lock in savings now.