How Much Can Solar Save in Mount Clare?

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

$118
Current Bill/mo
$135
Est. Lease + Battery
8.2 yrs
Payback Period
$29,358
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

$118

Annual Cost

$1,416

25-Year Cost (No Solar)

$77,688

Your Solar Investment

7.5 kW System

$21,750

$11,993

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507

With vs Without Solar in Mount Clare

MetricWithout SolarWith Solar
Monthly Cost$118/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-31/mo
5-Year Cost$7,646$7,920
25-Year Cost$77,688$48,330
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

$29,358

Without Solar
With Solar
Year 1
$1,416
$1,792
Year 2Payback Year
$2,917
-$3,905
Year 5
$7,982
$1,657
Year 10
$18,664
$11,472
Year 15
$32,959
$22,224
Year 20
$52,088
$34,320
Year 25
$77,688
$48,330
YearWithout SolarWith SolarCumulative Savings
Year 1$1,416$1,792-$376
Year 2Payback$2,917-$3,905$6,822
Year 3$4,508-$2,073$6,581
Year 4$6,194-$220$6,415
Year 5$7,982$1,657$6,325
Year 6$9,877$3,560$6,317
Year 7$11,886$5,491$6,395
Year 8$14,015$7,452$6,563
Year 9$16,272$9,444$6,827
Year 10$18,664$11,472$7,192
Year 11$21,200$13,536$7,664
Year 12$23,888$15,640$8,247
Year 13$26,737$17,788$8,949
Year 14$29,757$19,981$9,776
Year 15$32,959$22,224$10,735
Year 16$36,352$24,520$11,832
Year 17$39,949$26,874$13,076
Year 18$43,762$29,288$14,474
Year 19$47,804$31,769$16,035
Year 20$52,088$34,320$17,768
Year 21$56,630$36,947$19,682
Year 22$61,443$39,656$21,788
Year 23$66,546$42,451$24,095
Year 24$71,955$45,341$26,614
Year 25$77,688$48,330$29,358

Start Saving in Mount Clare

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