How Much Can Solar Save in Mound City?

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

$106
Current Bill/mo
$128
Est. Lease + Battery
6.4 yrs
Payback Period
$33,852
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

$106

Annual Cost

$1,272

25-Year Cost (No Solar)

$69,788

Your Solar Investment

5 kW System

$14,500

$7,995

After All IL Incentives

DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005

With vs Without Solar in Mound City

MetricWithout SolarWith Solar
Monthly Cost$106/mo$88/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$2/mo
5-Year Cost$6,869$5,280
25-Year Cost$69,788$35,936
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

$33,852

Without Solar
With Solar
Year 1Payback Year
$1,272
$1,242
Year 5
$7,170
$1,390
Year 10
$16,766
$8,367
Year 15
$29,607
$16,183
Year 20
$46,791
$25,202
Year 25
$69,788
$35,936
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,272$1,242$30
Year 2$2,620-$2,504$5,124
Year 3$4,050-$1,226$5,276
Year 4$5,565$71$5,493
Year 5$7,170$1,390$5,780
Year 6$8,873$2,732$6,141
Year 7$10,677$4,098$6,579
Year 8$12,590$5,492$7,098
Year 9$14,617$6,914$7,703
Year 10$16,766$8,367$8,399
Year 11$19,044$9,853$9,191
Year 12$21,459$11,375$10,084
Year 13$24,018$12,935$11,083
Year 14$26,731$14,537$12,194
Year 15$29,607$16,183$13,424
Year 16$32,655$17,877$14,779
Year 17$35,887$19,621$16,265
Year 18$39,312$21,421$17,891
Year 19$42,943$23,280$19,663
Year 20$46,791$25,202$21,589
Year 21$50,871$27,192$23,678
Year 22$55,195$29,255$25,940
Year 23$59,779$31,396$28,382
Year 24$64,637$33,621$31,016
Year 25$69,788$35,936$33,852

Start Saving in Mound City

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