How Much Can Solar Save in Richview?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$117
Current Bill/mo
$134
Est. Lease + Battery
6.9 yrs
Payback Period
$34,936
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
$117
Annual Cost
$1,404
25-Year Cost (No Solar)
$77,030
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 Richview
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $117/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $7,582 | $6,300 |
| 25-Year Cost | $77,030 | $42,094 |
| 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
$34,936
Without Solar
With Solar
Year 1
$1,404
$1,480
Year 2Payback Year
$2,892
-$3,026
Year 5
$7,914
$1,601
Year 10
$18,506
$9,863
Year 15
$32,679
$19,067
Year 20
$51,647
$29,620
Year 25
$77,030
$42,094
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,404 | $1,480 | -$76 |
| Year 2Payback | $2,892 | -$3,026 | $5,919 |
| Year 3 | $4,470 | -$1,507 | $5,976 |
| Year 4 | $6,142 | $35 | $6,107 |
| Year 5 | $7,914 | $1,601 | $6,313 |
| Year 6 | $9,793 | $3,193 | $6,600 |
| Year 7 | $11,785 | $4,813 | $6,972 |
| Year 8 | $13,896 | $6,463 | $7,433 |
| Year 9 | $16,134 | $8,146 | $7,988 |
| Year 10 | $18,506 | $9,863 | $8,643 |
| Year 11 | $21,020 | $11,617 | $9,403 |
| Year 12 | $23,685 | $13,411 | $10,274 |
| Year 13 | $26,511 | $15,249 | $11,261 |
| Year 14 | $29,505 | $17,133 | $12,372 |
| Year 15 | $32,679 | $19,067 | $13,613 |
| Year 16 | $36,044 | $21,054 | $14,990 |
| Year 17 | $39,611 | $23,099 | $16,512 |
| Year 18 | $43,392 | $25,205 | $18,187 |
| Year 19 | $47,399 | $27,377 | $20,022 |
| Year 20 | $51,647 | $29,620 | $22,027 |
| Year 21 | $56,150 | $31,940 | $24,210 |
| Year 22 | $60,923 | $34,341 | $26,582 |
| Year 23 | $65,982 | $36,829 | $29,153 |
| Year 24 | $71,345 | $39,411 | $31,934 |
| Year 25 | $77,030 | $42,094 | $34,936 |
Start Saving in Richview
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