How Much Can Solar Save in Norris?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$112
Current Bill/mo
$134
Est. Lease + Battery
6.4 yrs
Payback Period
$37,076
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
$112
Annual Cost
$1,344
25-Year Cost (No Solar)
$73,738
Your Solar Investment
5.5 kW System
$15,950
$8,795
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$5,505
With vs Without Solar in Norris
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $112/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $7,258 | $5,820 |
| 25-Year Cost | $73,738 | $36,662 |
| 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
$37,076
Without Solar
With Solar
Year 1Payback Year
$1,344
$1,314
Year 5
$7,576
$1,236
Year 10
$17,715
$8,517
Year 15
$31,283
$16,587
Year 20
$49,440
$25,802
Year 25
$73,738
$36,662
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,344 | $1,314 | $30 |
| Year 2 | $2,769 | -$2,861 | $5,630 |
| Year 3 | $4,279 | -$1,514 | $5,793 |
| Year 4 | $5,879 | -$149 | $6,029 |
| Year 5 | $7,576 | $1,236 | $6,340 |
| Year 6 | $9,375 | $2,642 | $6,733 |
| Year 7 | $11,281 | $4,071 | $7,210 |
| Year 8 | $13,302 | $5,525 | $7,777 |
| Year 9 | $15,444 | $7,007 | $8,438 |
| Year 10 | $17,715 | $8,517 | $9,198 |
| Year 11 | $20,122 | $10,058 | $10,064 |
| Year 12 | $22,673 | $11,633 | $11,040 |
| Year 13 | $25,378 | $13,244 | $12,133 |
| Year 14 | $28,244 | $14,895 | $13,350 |
| Year 15 | $31,283 | $16,587 | $14,696 |
| Year 16 | $34,504 | $18,325 | $16,179 |
| Year 17 | $37,918 | $20,111 | $17,807 |
| Year 18 | $41,537 | $21,950 | $19,587 |
| Year 19 | $45,373 | $23,846 | $21,528 |
| Year 20 | $49,440 | $25,802 | $23,638 |
| Year 21 | $53,750 | $27,823 | $25,927 |
| Year 22 | $58,319 | $29,914 | $28,405 |
| Year 23 | $63,162 | $32,081 | $31,082 |
| Year 24 | $68,296 | $34,328 | $33,968 |
| Year 25 | $73,738 | $36,662 | $37,076 |
Start Saving in Norris
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