How Much Can Solar Save in Oblong?

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

$114
Current Bill/mo
$130
Est. Lease + Battery
6.7 yrs
Payback Period
$33,551
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

$114

Annual Cost

$1,368

25-Year Cost (No Solar)

$75,055

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 Oblong

MetricWithout SolarWith Solar
Monthly Cost$114/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-3/mo
5-Year Cost$7,387$5,820
25-Year Cost$75,055$41,504
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

$33,551

Without Solar
With Solar
Year 1
$1,368
$1,407
Year 2Payback Year
$2,818
-$2,669
Year 5
$7,712
$1,757
Year 10
$18,031
$9,723
Year 15
$31,842
$18,693
Year 20
$50,323
$29,090
Year 25
$75,055
$41,504
YearWithout SolarWith SolarCumulative Savings
Year 1$1,368$1,407-$39
Year 2Payback$2,818-$2,669$5,487
Year 3$4,355-$1,219$5,574
Year 4$5,984$256$5,728
Year 5$7,712$1,757$5,954
Year 6$9,542$3,286$6,256
Year 7$11,483$4,844$6,638
Year 8$13,540$6,435$7,105
Year 9$15,720$8,060$7,660
Year 10$18,031$9,723$8,309
Year 11$20,481$11,425$9,056
Year 12$23,078$13,170$9,908
Year 13$25,831$14,961$10,870
Year 14$28,749$16,800$11,948
Year 15$31,842$18,693$13,148
Year 16$35,120$20,642$14,478
Year 17$38,595$22,652$15,943
Year 18$42,279$24,727$17,552
Year 19$46,184$26,871$19,312
Year 20$50,323$29,090$21,233
Year 21$54,710$31,389$23,321
Year 22$59,361$33,774$25,587
Year 23$64,290$36,250$28,040
Year 24$69,516$38,824$30,691
Year 25$75,055$41,504$33,551

Start Saving in Oblong

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