How Much Can Solar Save in O'Fallon?

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

$135
Current Bill/mo
$151
Est. Lease + Battery
7.6 yrs
Payback Period
$35,056
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

$135

Annual Cost

$1,620

25-Year Cost (No Solar)

$88,881

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 O'Fallon

MetricWithout SolarWith Solar
Monthly Cost$135/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-22/mo
5-Year Cost$8,748$7,920
25-Year Cost$88,881$53,825
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

$35,056

Without Solar
With Solar
Year 1
$1,620
$1,884
Year 2Payback Year
$3,337
-$3,714
Year 5
$9,132
$2,183
Year 10
$21,353
$12,722
Year 15
$37,707
$24,471
Year 20
$59,593
$37,936
Year 25
$88,881
$53,824
YearWithout SolarWith SolarCumulative Savings
Year 1$1,620$1,884-$264
Year 2Payback$3,337-$3,714$7,052
Year 3$5,157-$1,778$6,936
Year 4$7,087$187$6,900
Year 5$9,132$2,183$6,949
Year 6$11,300$4,213$7,087
Year 7$13,598$6,280$7,318
Year 8$16,034$8,385$7,649
Year 9$18,616$10,531$8,085
Year 10$21,353$12,722$8,631
Year 11$24,254$14,962$9,293
Year 12$27,329$17,252$10,077
Year 13$30,589$19,598$10,991
Year 14$34,044$22,003$12,041
Year 15$37,707$24,471$13,236
Year 16$41,589$27,008$14,582
Year 17$45,705$29,617$16,088
Year 18$50,067$32,305$17,763
Year 19$54,691$35,076$19,616
Year 20$59,593$37,936$21,656
Year 21$64,788$40,893$23,895
Year 22$70,296$43,953$26,343
Year 23$76,133$47,123$29,010
Year 24$82,321$50,410$31,911
Year 25$88,881$53,824$35,056

Start Saving in O'Fallon

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