How Much Can Solar Save in Peoria Heights?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$123
Current Bill/mo
$138
Est. Lease + Battery
6.9 yrs
Payback Period
$37,301
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
$123
Annual Cost
$1,476
25-Year Cost (No Solar)
$80,980
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 Peoria Heights
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $123/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-8/mo |
| 5-Year Cost | $7,970 | $6,840 |
| 25-Year Cost | $80,980 | $43,679 |
| 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
$37,301
Without Solar
With Solar
Year 1
$1,476
$1,569
Year 2Payback Year
$3,041
-$3,350
Year 5
$8,320
$1,541
Year 10
$19,455
$10,229
Year 15
$34,355
$19,848
Year 20
$54,296
$30,806
Year 25
$80,980
$43,679
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,476 | $1,569 | -$93 |
| Year 2Payback | $3,041 | -$3,350 | $6,390 |
| Year 3 | $4,699 | -$1,742 | $6,441 |
| Year 4 | $6,457 | -$113 | $6,569 |
| Year 5 | $8,320 | $1,541 | $6,780 |
| Year 6 | $10,296 | $3,219 | $7,077 |
| Year 7 | $12,389 | $4,925 | $7,464 |
| Year 8 | $14,609 | $6,660 | $7,948 |
| Year 9 | $16,961 | $8,427 | $8,534 |
| Year 10 | $19,455 | $10,229 | $9,226 |
| Year 11 | $22,098 | $12,067 | $10,031 |
| Year 12 | $24,900 | $13,945 | $10,955 |
| Year 13 | $27,870 | $15,865 | $12,005 |
| Year 14 | $31,018 | $17,832 | $13,186 |
| Year 15 | $34,355 | $19,848 | $14,508 |
| Year 16 | $37,893 | $21,917 | $15,976 |
| Year 17 | $41,642 | $24,042 | $17,600 |
| Year 18 | $45,617 | $26,230 | $19,387 |
| Year 19 | $49,830 | $28,483 | $21,347 |
| Year 20 | $54,296 | $30,806 | $23,489 |
| Year 21 | $59,029 | $33,206 | $25,824 |
| Year 22 | $64,047 | $35,686 | $28,361 |
| Year 23 | $69,366 | $38,255 | $31,111 |
| Year 24 | $75,004 | $40,917 | $34,087 |
| Year 25 | $80,980 | $43,679 | $37,301 |
Start Saving in Peoria Heights
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