How Much Can Solar Save in Pierron?

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

$121
Current Bill/mo
$135
Est. Lease + Battery
6.3 yrs
Payback Period
$38,203
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

$121

Annual Cost

$1,452

25-Year Cost (No Solar)

$79,663

Your Solar Investment

5.5 kW System

$15,950

$8,795

After All IL Incentives

DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$5,505

With vs Without Solar in Pierron

MetricWithout SolarWith Solar
Monthly Cost$121/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$4/mo
5-Year Cost$7,841$5,820
25-Year Cost$79,663$41,460
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

$38,203

Without Solar
With Solar
Year 1Payback Year
$1,452
$1,400
Year 5
$8,185
$1,721
Year 10
$19,139
$9,656
Year 15
$33,797
$18,606
Year 20
$53,413
$29,006
Year 25
$79,663
$41,461
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,452$1,400$52
Year 2$2,991-$2,684$5,675
Year 3$4,623-$1,240$5,863
Year 4$6,352$227$6,125
Year 5$8,185$1,721$6,464
Year 6$10,128$3,243$6,885
Year 7$12,188$4,795$7,393
Year 8$14,371$6,380$7,992
Year 9$16,685$7,999$8,686
Year 10$19,139$9,656$9,483
Year 11$21,739$11,353$10,386
Year 12$24,495$13,093$11,402
Year 13$27,417$14,880$12,537
Year 14$30,514$16,716$13,798
Year 15$33,797$18,606$15,190
Year 16$37,277$20,554$16,723
Year 17$40,965$22,563$18,402
Year 18$44,875$24,638$20,237
Year 19$49,020$26,784$22,236
Year 20$53,413$29,006$24,407
Year 21$58,069$31,309$26,760
Year 22$63,006$33,700$29,306
Year 23$68,238$36,184$32,054
Year 24$73,784$38,769$35,016
Year 25$79,663$41,461$38,203

Start Saving in Pierron

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