How Much Can Solar Save in Oakdale?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$120
Current Bill/mo
$137
Est. Lease + Battery
7.1 yrs
Payback Period
$35,200
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
$120
Annual Cost
$1,440
25-Year Cost (No Solar)
$79,005
Your Solar Investment
6.5 kW System
$18,850
$10,394
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506
With vs Without Solar in Oakdale
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $120/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-11/mo |
| 5-Year Cost | $7,776 | $6,840 |
| 25-Year Cost | $79,005 | $43,805 |
| 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
$35,200
Without Solar
With Solar
Year 1
$1,440
$1,574
Year 2Payback Year
$2,966
-$3,339
Year 5
$8,117
$1,568
Year 10
$18,980
$10,284
Year 15
$33,517
$19,932
Year 20
$52,971
$30,915
Year 25
$79,005
$43,805
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,440 | $1,574 | -$134 |
| Year 2Payback | $2,966 | -$3,339 | $6,306 |
| Year 3 | $4,584 | -$1,726 | $6,310 |
| Year 4 | $6,299 | -$91 | $6,390 |
| Year 5 | $8,117 | $1,568 | $6,550 |
| Year 6 | $10,044 | $3,252 | $6,793 |
| Year 7 | $12,087 | $4,963 | $7,124 |
| Year 8 | $14,252 | $6,704 | $7,548 |
| Year 9 | $16,547 | $8,477 | $8,070 |
| Year 10 | $18,980 | $10,284 | $8,696 |
| Year 11 | $21,559 | $12,128 | $9,431 |
| Year 12 | $24,293 | $14,012 | $10,281 |
| Year 13 | $27,190 | $15,938 | $11,252 |
| Year 14 | $30,262 | $17,910 | $12,351 |
| Year 15 | $33,517 | $19,932 | $13,586 |
| Year 16 | $36,968 | $22,006 | $14,962 |
| Year 17 | $40,627 | $24,137 | $16,489 |
| Year 18 | $44,504 | $26,329 | $18,175 |
| Year 19 | $48,614 | $28,587 | $20,027 |
| Year 20 | $52,971 | $30,915 | $22,056 |
| Year 21 | $57,590 | $33,319 | $24,271 |
| Year 22 | $62,485 | $35,803 | $26,681 |
| Year 23 | $67,674 | $38,375 | $29,299 |
| Year 24 | $73,174 | $41,040 | $32,134 |
| Year 25 | $79,005 | $43,805 | $35,200 |
Start Saving in Oakdale
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