How Much Can Solar Save in Palestine?

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

$113
Current Bill/mo
$132
Est. Lease + Battery
12.2 yrs
Payback Period
$10,011
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

$113

Annual Cost

$1,356

25-Year Cost (No Solar)

$74,396

Your Solar Investment

11 kW System

$31,900

$19,110

After All IL Incentives

DG Rebate ($300/kW)-$3,300
Illinois Shines RECs (lump sum, ~18 mo)-$9,490

With vs Without Solar in Palestine

MetricWithout SolarWith Solar
Monthly Cost$113/mo$193/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-97/mo
5-Year Cost$7,322$11,580
25-Year Cost$74,396$64,385
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

$10,011

Without Solar
With Solar
Year 1
$1,356
$2,526
Year 2Payback Year
$2,793
-$4,420
Year 5
$7,644
$3,340
Year 10
$17,873
$16,802
Year 15
$31,562
$31,176
Year 20
$49,881
$46,853
Year 25
$74,396
$64,385
YearWithout SolarWith SolarCumulative Savings
Year 1$1,356$2,526-$1,170
Year 2Payback$2,793-$4,420$7,213
Year 3$4,317-$1,855$6,172
Year 4$5,932$731$5,201
Year 5$7,644$3,340$4,304
Year 6$9,459$5,974$3,484
Year 7$11,382$8,635$2,747
Year 8$13,421$11,326$2,095
Year 9$15,582$14,047$1,535
Year 10$17,873$16,802$1,071
Year 11$20,302$19,593$708
Year 12$22,876$22,423$452
Year 13$25,604$25,295$309
Year 14$28,496$28,211$285
Year 15$31,562$31,176$386
Year 16$34,812$34,192$620
Year 17$38,257$37,264$993
Year 18$41,908$40,395$1,513
Year 19$45,779$43,590$2,189
Year 20$49,881$46,853$3,028
Year 21$54,230$50,190$4,040
Year 22$58,840$53,606$5,234
Year 23$63,726$57,106$6,620
Year 24$68,906$60,697$8,209
Year 25$74,396$64,385$10,011

Start Saving in Palestine

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