How Much Can Solar Save in Parkersburg?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$108
Current Bill/mo
$131
Est. Lease + Battery
6.1 yrs
Payback Period
$36,165
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
$108
Annual Cost
$1,296
25-Year Cost (No Solar)
$71,104
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Parkersburg
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $108/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$6/mo |
| 5-Year Cost | $6,998 | $5,280 |
| 25-Year Cost | $71,104 | $34,939 |
| 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
$36,165
Without Solar
With Solar
Year 1Payback Year
$1,296
$1,221
Year 5
$7,306
$1,272
Year 10
$17,082
$8,099
Year 15
$30,166
$15,726
Year 20
$47,674
$24,506
Year 25
$71,104
$34,939
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,296 | $1,221 | $75 |
| Year 2 | $2,670 | -$2,548 | $5,217 |
| Year 3 | $4,126 | -$1,294 | $5,420 |
| Year 4 | $5,670 | -$21 | $5,691 |
| Year 5 | $7,306 | $1,272 | $6,034 |
| Year 6 | $9,040 | $2,586 | $6,454 |
| Year 7 | $10,878 | $3,925 | $6,954 |
| Year 8 | $12,827 | $5,288 | $7,539 |
| Year 9 | $14,893 | $6,679 | $8,214 |
| Year 10 | $17,082 | $8,099 | $8,983 |
| Year 11 | $19,403 | $9,551 | $9,853 |
| Year 12 | $21,863 | $11,037 | $10,827 |
| Year 13 | $24,471 | $12,559 | $11,912 |
| Year 14 | $27,236 | $14,121 | $13,114 |
| Year 15 | $30,166 | $15,726 | $14,440 |
| Year 16 | $33,272 | $17,376 | $15,895 |
| Year 17 | $36,564 | $19,076 | $17,488 |
| Year 18 | $40,054 | $20,828 | $19,226 |
| Year 19 | $43,753 | $22,637 | $21,116 |
| Year 20 | $47,674 | $24,506 | $23,168 |
| Year 21 | $51,831 | $26,442 | $25,389 |
| Year 22 | $56,236 | $28,447 | $27,789 |
| Year 23 | $60,907 | $30,528 | $30,378 |
| Year 24 | $65,857 | $32,690 | $33,167 |
| Year 25 | $71,104 | $34,939 | $36,165 |
Start Saving in Parkersburg
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