How Much Can Solar Save in Oreana?

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

$129
Current Bill/mo
$140
Est. Lease + Battery
7.6 yrs
Payback Period
$34,451
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

$129

Annual Cost

$1,548

25-Year Cost (No Solar)

$84,930

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 Oreana

MetricWithout SolarWith Solar
Monthly Cost$129/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-23/mo
5-Year Cost$8,359$7,920
25-Year Cost$84,930$50,479
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

$34,451

Without Solar
With Solar
Year 1
$1,548
$1,824
Year 2Payback Year
$3,189
-$3,838
Year 5
$8,726
$1,844
Year 10
$20,404
$11,926
Year 15
$36,031
$23,061
Year 20
$56,944
$35,701
Year 25
$84,930
$50,479
YearWithout SolarWith SolarCumulative Savings
Year 1$1,548$1,824-$276
Year 2Payback$3,189-$3,838$7,027
Year 3$4,928-$1,970$6,898
Year 4$6,772-$77$6,848
Year 5$8,726$1,844$6,883
Year 6$10,798$3,793$7,005
Year 7$12,994$5,773$7,220
Year 8$15,321$7,787$7,534
Year 9$17,789$9,837$7,951
Year 10$20,404$11,926$8,478
Year 11$23,176$14,056$9,120
Year 12$26,115$16,232$9,883
Year 13$29,230$18,455$10,774
Year 14$32,531$20,730$11,801
Year 15$36,031$23,061$12,970
Year 16$39,741$25,451$14,290
Year 17$43,674$27,905$15,768
Year 18$47,842$30,428$17,414
Year 19$52,260$33,025$19,236
Year 20$56,944$35,701$21,244
Year 21$61,909$38,461$23,448
Year 22$67,171$41,312$25,859
Year 23$72,750$44,261$28,489
Year 24$78,663$47,314$31,349
Year 25$84,930$50,479$34,451

Start Saving in Oreana

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