How Much Can Solar Save in Red Bud?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$140
Current Bill/mo
$150
Est. Lease + Battery
6.1 yrs
Payback Period
$47,631
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
$140
Annual Cost
$1,680
25-Year Cost (No Solar)
$92,172
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 Red Bud
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $140/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $9,072 | $6,840 |
| 25-Year Cost | $92,172 | $44,541 |
| 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
$47,631
Without Solar
With Solar
Year 1Payback Year
$1,680
$1,570
Year 5
$9,470
$1,559
Year 10
$22,144
$10,310
Year 15
$39,104
$20,062
Year 20
$61,800
$31,261
Year 25
$92,172
$44,541
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,680 | $1,570 | $110 |
| Year 2 | $3,461 | -$3,346 | $6,807 |
| Year 3 | $5,348 | -$1,735 | $7,083 |
| Year 4 | $7,349 | -$100 | $7,450 |
| Year 5 | $9,470 | $1,559 | $7,911 |
| Year 6 | $11,719 | $3,246 | $8,472 |
| Year 7 | $14,102 | $4,962 | $9,139 |
| Year 8 | $16,628 | $6,710 | $9,918 |
| Year 9 | $19,305 | $8,492 | $10,814 |
| Year 10 | $22,144 | $10,310 | $11,834 |
| Year 11 | $25,152 | $12,168 | $12,984 |
| Year 12 | $28,342 | $14,069 | $14,272 |
| Year 13 | $31,722 | $16,016 | $15,706 |
| Year 14 | $35,305 | $18,012 | $17,293 |
| Year 15 | $39,104 | $20,062 | $19,042 |
| Year 16 | $43,130 | $22,169 | $20,961 |
| Year 17 | $47,398 | $24,337 | $23,060 |
| Year 18 | $51,921 | $26,572 | $25,349 |
| Year 19 | $56,717 | $28,878 | $27,838 |
| Year 20 | $61,800 | $31,261 | $30,538 |
| Year 21 | $67,188 | $33,727 | $33,461 |
| Year 22 | $72,899 | $36,281 | $36,619 |
| Year 23 | $78,953 | $38,929 | $40,024 |
| Year 24 | $85,370 | $41,680 | $43,690 |
| Year 25 | $92,172 | $44,541 | $47,631 |
Start Saving in Red Bud
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Ameren Illinois rates projected to rise again next year. Lock in savings now.