How Much Can Solar Save in Nebo?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$104
Current Bill/mo
$130
Est. Lease + Battery
6.2 yrs
Payback Period
$35,270
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
$104
Annual Cost
$1,248
25-Year Cost (No Solar)
$68,471
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 Nebo
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $104/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $6,739 | $5,280 |
| 25-Year Cost | $68,471 | $33,201 |
| 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
$35,270
Without Solar
With Solar
Year 1Payback Year
$1,248
$1,190
Year 5
$7,035
$1,099
Year 10
$16,450
$7,692
Year 15
$29,048
$15,002
Year 20
$45,908
$23,352
Year 25
$68,471
$33,201
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,248 | $1,190 | $58 |
| Year 2 | $2,571 | -$2,610 | $5,181 |
| Year 3 | $3,973 | -$1,391 | $5,364 |
| Year 4 | $5,460 | -$155 | $5,614 |
| Year 5 | $7,035 | $1,099 | $5,936 |
| Year 6 | $8,705 | $2,373 | $6,332 |
| Year 7 | $10,476 | $3,667 | $6,809 |
| Year 8 | $12,352 | $4,984 | $7,368 |
| Year 9 | $14,341 | $6,325 | $8,016 |
| Year 10 | $16,450 | $7,692 | $8,757 |
| Year 11 | $18,685 | $9,088 | $9,596 |
| Year 12 | $21,054 | $10,515 | $10,539 |
| Year 13 | $23,565 | $11,974 | $11,591 |
| Year 14 | $26,227 | $13,469 | $12,758 |
| Year 15 | $29,048 | $15,002 | $14,047 |
| Year 16 | $32,039 | $16,576 | $15,463 |
| Year 17 | $35,210 | $18,195 | $17,015 |
| Year 18 | $38,570 | $19,861 | $18,709 |
| Year 19 | $42,132 | $21,579 | $20,554 |
| Year 20 | $45,908 | $23,352 | $22,557 |
| Year 21 | $49,911 | $25,184 | $24,727 |
| Year 22 | $54,154 | $27,080 | $27,073 |
| Year 23 | $58,651 | $29,045 | $29,606 |
| Year 24 | $63,418 | $31,084 | $32,334 |
| Year 25 | $68,471 | $33,201 | $35,270 |
Start Saving in Nebo
Get a free, personalized solar analysis based on your actual Ameren Illinois bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
Ameren Illinois rates projected to rise again next year. Lock in savings now.