How Much Can Solar Save in Peoria?

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

$134

Current Bill/mo

$144

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$45,244

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

$134

Annual Cost

$1,608

25-Year Cost (No Solar)

$88,222

Your Solar Investment

6.5 kW System

$17,875

$8,378

After All IL Incentives

DG Rebate ($300/kW)-$1,950

Illinois Shines RECs (lump sum, ~18 mo)-$7,547

With vs Without Solar in Peoria

Metric	Without Solar	With Solar
Monthly Cost	$134/mo	$108/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$7/mo
5-Year Cost	$8,683	$6,480
25-Year Cost	$88,222	$42,978
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

$45,244

Without Solar

With Solar

Year 1Profit Starts Here

$1,608

$1,525

Year 5

$9,064

$309

Year 10

$21,195

$8,894

Year 15

$37,428

$18,531

Year 20

$59,151

$29,679

Year 25

$88,222

$42,978

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$1,608	$1,525	$83
Year 2	$3,312	-$4,476	$7,788
Year 3	$5,119	-$2,906	$8,025
Year 4	$7,034	-$1,312	$8,346
Year 5	$9,064	$309	$8,755
Year 6	$11,216	$1,959	$9,257
Year 7	$13,497	$3,640	$9,857
Year 8	$15,915	$5,354	$10,561
Year 9	$18,478	$7,105	$11,373
Year 10	$21,195	$8,894	$12,301
Year 11	$24,074	$10,725	$13,350
Year 12	$27,127	$12,600	$14,526
Year 13	$30,362	$14,524	$15,838
Year 14	$33,792	$16,500	$17,292
Year 15	$37,428	$18,531	$18,896
Year 16	$41,281	$20,623	$20,659
Year 17	$45,366	$22,778	$22,588
Year 18	$49,696	$25,002	$24,694
Year 19	$54,286	$27,301	$26,985
Year 20	$59,151	$29,679	$29,473
Year 21	$64,308	$32,142	$32,167
Year 22	$69,775	$34,696	$35,078
Year 23	$75,569	$37,349	$38,220
Year 24	$81,711	$40,107	$41,604
Year 25	$88,222	$42,978	$45,244

Calculate YOUR Savings

Enter your actual Ameren Illinois bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Peoria

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Peoria

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com