How Much Can Solar Save in New Canton?

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

$109
Current Bill/mo
$133
Est. Lease + Battery
7 yrs
Payback Period
$33,437
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

$109

Annual Cost

$1,308

25-Year Cost (No Solar)

$71,763

Your Solar Investment

6 kW System

$17,400

$9,595

After All IL Incentives

DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005

With vs Without Solar in New Canton

MetricWithout SolarWith Solar
Monthly Cost$109/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-9/mo
5-Year Cost$7,063$6,300
25-Year Cost$71,763$38,326
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

$33,437

Without Solar
With Solar
Year 1
$1,308
$1,413
Year 2Payback Year
$2,694
-$3,164
Year 5
$7,373
$1,224
Year 10
$17,240
$8,976
Year 15
$30,445
$17,490
Year 20
$48,116
$27,112
Year 25
$71,763
$38,326
YearWithout SolarWith SolarCumulative Savings
Year 1$1,308$1,413-$105
Year 2Payback$2,694-$3,164$5,858
Year 3$4,164-$1,719$5,883
Year 4$5,722-$257$5,979
Year 5$7,373$1,224$6,149
Year 6$9,124$2,726$6,397
Year 7$10,979$4,251$6,728
Year 8$12,946$5,799$7,147
Year 9$15,031$7,373$7,657
Year 10$17,240$8,976$8,265
Year 11$19,583$10,608$8,975
Year 12$22,066$12,273$9,793
Year 13$24,698$13,973$10,724
Year 14$27,488$15,711$11,776
Year 15$30,445$17,490$12,955
Year 16$33,580$19,313$14,267
Year 17$36,902$21,183$15,720
Year 18$40,425$23,103$17,322
Year 19$44,158$25,078$19,080
Year 20$48,116$27,112$21,004
Year 21$52,310$29,209$23,102
Year 22$56,757$31,373$25,384
Year 23$61,471$33,611$27,860
Year 24$66,467$35,926$30,540
Year 25$71,763$38,326$33,437

Start Saving in New Canton

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