How Much Can Solar Save in Shawneetown?

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

$113
Current Bill/mo
$132
Est. Lease + Battery
6 yrs
Payback Period
$37,613
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

$113

Annual Cost

$1,356

25-Year Cost (No Solar)

$74,396

Your Solar Investment

5 kW System

$14,500

$7,995

After All IL Incentives

DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005

With vs Without Solar in Shawneetown

MetricWithout SolarWith Solar
Monthly Cost$113/mo$88/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$9/mo
5-Year Cost$7,322$5,280
25-Year Cost$74,396$36,783
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

$37,613

Without Solar
With Solar
Year 1Payback Year
$1,356
$1,252
Year 5
$7,644
$1,452
Year 10
$17,873
$8,524
Year 15
$31,562
$16,487
Year 20
$49,881
$25,726
Year 25
$74,396
$36,783
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,356$1,252$104
Year 2$2,793-$2,482$5,276
Year 3$4,317-$1,193$5,510
Year 4$5,932$118$5,814
Year 5$7,644$1,452$6,192
Year 6$9,459$2,809$6,649
Year 7$11,382$4,194$7,189
Year 8$13,421$5,606$7,815
Year 9$15,582$7,049$8,533
Year 10$17,873$8,524$9,349
Year 11$20,302$10,035$10,266
Year 12$22,876$11,584$11,292
Year 13$25,604$13,173$12,431
Year 14$28,496$14,807$13,690
Year 15$31,562$16,487$15,075
Year 16$34,812$18,218$16,594
Year 17$38,257$20,003$18,254
Year 18$41,908$21,847$20,062
Year 19$45,779$23,753$22,026
Year 20$49,881$25,726$24,155
Year 21$54,230$27,771$26,459
Year 22$58,840$29,894$28,946
Year 23$63,726$32,099$31,627
Year 24$68,906$34,393$34,513
Year 25$74,396$36,783$37,613

Start Saving in Shawneetown

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