How Much Can Solar Save in Noble?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$108
Current Bill/mo
$132
Est. Lease + Battery
6 yrs
Payback Period
$37,391
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
$108
Annual Cost
$1,296
25-Year Cost (No Solar)
$71,104
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 Noble
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $108/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $6,998 | $5,280 |
| 25-Year Cost | $71,104 | $33,713 |
| 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
$37,391
Without Solar
With Solar
Year 1Payback Year
$1,296
$1,197
Year 5
$7,306
$1,138
Year 10
$17,082
$7,790
Year 15
$30,166
$15,188
Year 20
$47,674
$23,670
Year 25
$71,104
$33,714
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,296 | $1,197 | $99 |
| Year 2 | $2,670 | -$2,597 | $5,267 |
| Year 3 | $4,126 | -$1,370 | $5,496 |
| Year 4 | $5,670 | -$125 | $5,795 |
| Year 5 | $7,306 | $1,138 | $6,168 |
| Year 6 | $9,040 | $2,421 | $6,619 |
| Year 7 | $10,878 | $3,726 | $7,152 |
| Year 8 | $12,827 | $5,054 | $7,773 |
| Year 9 | $14,893 | $6,408 | $8,484 |
| Year 10 | $17,082 | $7,790 | $9,293 |
| Year 11 | $19,403 | $9,201 | $10,203 |
| Year 12 | $21,863 | $10,643 | $11,220 |
| Year 13 | $24,471 | $12,120 | $12,351 |
| Year 14 | $27,236 | $13,634 | $13,601 |
| Year 15 | $30,166 | $15,188 | $14,978 |
| Year 16 | $33,272 | $16,785 | $16,487 |
| Year 17 | $36,564 | $18,428 | $18,136 |
| Year 18 | $40,054 | $20,121 | $19,933 |
| Year 19 | $43,753 | $21,867 | $21,886 |
| Year 20 | $47,674 | $23,670 | $24,004 |
| Year 21 | $51,831 | $25,536 | $26,295 |
| Year 22 | $56,236 | $27,468 | $28,769 |
| Year 23 | $60,907 | $29,471 | $31,435 |
| Year 24 | $65,857 | $31,551 | $34,306 |
| Year 25 | $71,104 | $33,714 | $37,391 |
Start Saving in Noble
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Ameren Illinois rates projected to rise again next year. Lock in savings now.