How Much Can Solar Save in Shelbyville?

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

$121
Current Bill/mo
$138
Est. Lease + Battery
6 yrs
Payback Period
$41,135
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

5.5 kW System

$15,950

$8,795

After All IL Incentives

DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$5,505

With vs Without Solar in Shelbyville

MetricWithout SolarWith Solar
Monthly Cost$121/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$9/mo
5-Year Cost$7,841$5,820
25-Year Cost$79,663$38,528
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

$41,135

Without Solar
With Solar
Year 1Payback Year
$1,452
$1,343
Year 5
$8,185
$1,400
Year 10
$19,139
$8,916
Year 15
$33,797
$17,319
Year 20
$53,413
$27,005
Year 25
$79,663
$38,528
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,452$1,343$109
Year 2$2,991-$2,802$5,793
Year 3$4,623-$1,423$6,045
Year 4$6,352-$22$6,374
Year 5$8,185$1,400$6,785
Year 6$10,128$2,847$7,281
Year 7$12,188$4,320$7,868
Year 8$14,371$5,821$8,550
Year 9$16,685$7,352$9,334
Year 10$19,139$8,916$10,223
Year 11$21,739$10,515$11,224
Year 12$24,495$12,152$12,344
Year 13$27,417$13,829$13,588
Year 14$30,514$15,551$14,963
Year 15$33,797$17,319$16,477
Year 16$37,277$19,139$18,138
Year 17$40,965$21,013$19,952
Year 18$44,875$22,946$21,929
Year 19$49,020$24,942$24,078
Year 20$53,413$27,005$26,407
Year 21$58,069$29,142$28,928
Year 22$63,006$31,356$31,649
Year 23$68,238$33,655$34,583
Year 24$73,784$36,043$37,741
Year 25$79,663$38,528$41,135

Start Saving in Shelbyville

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