How Much Can Solar Save in Mount Sterling?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$135
Est. Lease + Battery
8.1 yrs
Payback Period
$29,525
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
$121
Annual Cost
$1,452
25-Year Cost (No Solar)
$79,663
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 Sterling
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $132/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-31/mo |
| 5-Year Cost | $7,841 | $7,920 |
| 25-Year Cost | $79,663 | $50,138 |
| 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
$29,525
Without Solar
With Solar
Year 1
$1,452
$1,824
Year 2Payback Year
$2,991
-$3,837
Year 5
$8,185
$1,842
Year 10
$19,139
$11,904
Year 15
$33,797
$22,989
Year 20
$53,413
$35,530
Year 25
$79,663
$50,138
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,452 | $1,824 | -$372 |
| Year 2Payback | $2,991 | -$3,837 | $6,828 |
| Year 3 | $4,623 | -$1,969 | $6,592 |
| Year 4 | $6,352 | -$77 | $6,429 |
| Year 5 | $8,185 | $1,842 | $6,343 |
| Year 6 | $10,128 | $3,789 | $6,339 |
| Year 7 | $12,188 | $5,766 | $6,422 |
| Year 8 | $14,371 | $7,776 | $6,595 |
| Year 9 | $16,685 | $9,821 | $6,864 |
| Year 10 | $19,139 | $11,904 | $7,235 |
| Year 11 | $21,739 | $14,027 | $7,712 |
| Year 12 | $24,495 | $16,194 | $8,301 |
| Year 13 | $27,417 | $18,407 | $9,009 |
| Year 14 | $30,514 | $20,671 | $9,843 |
| Year 15 | $33,797 | $22,989 | $10,808 |
| Year 16 | $37,277 | $25,364 | $11,913 |
| Year 17 | $40,965 | $27,801 | $13,164 |
| Year 18 | $44,875 | $30,304 | $14,571 |
| Year 19 | $49,020 | $32,879 | $16,140 |
| Year 20 | $53,413 | $35,530 | $17,882 |
| Year 21 | $58,069 | $38,263 | $19,806 |
| Year 22 | $63,006 | $41,084 | $21,922 |
| Year 23 | $68,238 | $43,999 | $24,239 |
| Year 24 | $73,784 | $47,014 | $26,770 |
| Year 25 | $79,663 | $50,138 | $29,525 |
Start Saving in Mount Sterling
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