How Much Can Solar Save in Raymond?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$136
Est. Lease + Battery
6.6 yrs
Payback Period
$37,369
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
6 kW System
$17,400
$9,595
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005
With vs Without Solar in Raymond
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-2/mo |
| 5-Year Cost | $7,841 | $6,300 |
| 25-Year Cost | $79,663 | $42,294 |
| 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
$37,369
Without Solar
With Solar
Year 1
$1,452
$1,480
Year 2Payback Year
$2,991
-$3,026
Year 5
$8,185
$1,606
Year 10
$19,139
$9,881
Year 15
$33,797
$19,116
Year 20
$53,413
$29,726
Year 25
$79,663
$42,294
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,452 | $1,480 | -$28 |
| Year 2Payback | $2,991 | -$3,026 | $6,017 |
| Year 3 | $4,623 | -$1,505 | $6,128 |
| Year 4 | $6,352 | $38 | $6,314 |
| Year 5 | $8,185 | $1,606 | $6,580 |
| Year 6 | $10,128 | $3,199 | $6,929 |
| Year 7 | $12,188 | $4,822 | $7,366 |
| Year 8 | $14,371 | $6,474 | $7,897 |
| Year 9 | $16,685 | $8,160 | $8,525 |
| Year 10 | $19,139 | $9,881 | $9,258 |
| Year 11 | $21,739 | $11,640 | $10,099 |
| Year 12 | $24,495 | $13,440 | $11,055 |
| Year 13 | $27,417 | $15,283 | $12,133 |
| Year 14 | $30,514 | $17,174 | $13,340 |
| Year 15 | $33,797 | $19,116 | $14,681 |
| Year 16 | $37,277 | $21,112 | $16,165 |
| Year 17 | $40,965 | $23,166 | $17,799 |
| Year 18 | $44,875 | $25,284 | $19,591 |
| Year 19 | $49,020 | $27,469 | $21,551 |
| Year 20 | $53,413 | $29,726 | $23,687 |
| Year 21 | $58,069 | $32,060 | $26,009 |
| Year 22 | $63,006 | $34,478 | $28,527 |
| Year 23 | $68,238 | $36,985 | $31,253 |
| Year 24 | $73,784 | $39,588 | $34,196 |
| Year 25 | $79,663 | $42,294 | $37,369 |
Start Saving in Raymond
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Ameren Illinois rates projected to rise again next year. Lock in savings now.