How Much Can Solar Save in Savoy?

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

$166

Current Bill/mo

$159

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$56,199

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

$166

Annual Cost

$1,992

25-Year Cost (No Solar)

$109,290

Your Solar Investment

7.5 kW System

$20,625

$9,278

After All IL Incentives

DG Rebate ($300/kW)-$2,250

Illinois Shines RECs (lump sum, ~18 mo)-$9,097

With vs Without Solar in Savoy

Metric	Without Solar	With Solar
Monthly Cost	$166/mo	$124/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$14/mo
5-Year Cost	$10,757	$7,440
25-Year Cost	$109,290	$53,091
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

$56,199

Without Solar

With Solar

Year 1Profit Starts Here

$1,992

$1,825

Year 5

$11,229

$343

Year 10

$26,256

$10,764

Year 15

$46,366

$22,591

Year 20

$73,277

$36,421

Year 25

$109,290

$53,091

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$1,992	$1,825	$167
Year 2	$4,104	-$5,417	$9,521
Year 3	$6,342	-$3,531	$9,873
Year 4	$8,714	-$1,612	$10,326
Year 5	$11,229	$343	$10,886
Year 6	$13,895	$2,337	$11,558
Year 7	$16,721	$4,373	$12,347
Year 8	$19,716	$6,454	$13,262
Year 9	$22,891	$8,583	$14,308
Year 10	$26,256	$10,764	$15,492
Year 11	$29,824	$13,001	$16,823
Year 12	$33,605	$15,297	$18,308
Year 13	$37,613	$17,658	$19,955
Year 14	$41,862	$20,087	$21,775
Year 15	$46,366	$22,591	$23,775
Year 16	$51,140	$25,174	$25,966
Year 17	$56,200	$27,842	$28,358
Year 18	$61,564	$30,601	$30,963
Year 19	$67,250	$33,459	$33,791
Year 20	$73,277	$36,421	$36,856
Year 21	$79,666	$39,496	$40,170
Year 22	$86,437	$42,691	$43,746
Year 23	$93,616	$46,016	$47,599
Year 24	$101,225	$49,479	$51,745
Year 25	$109,290	$53,091	$56,199

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 Savoy

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

Start Saving in Savoy

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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