How Much Can Solar Save in Shiloh?

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

$167
Current Bill/mo
$162
Est. Lease + Battery
7.5 yrs
Payback Period
$46,203
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

$167

Annual Cost

$2,004

25-Year Cost (No Solar)

$109,948

Your Solar Investment

9.5 kW System

$27,550

$15,191

After All IL Incentives

DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$9,509

With vs Without Solar in Shiloh

MetricWithout SolarWith Solar
Monthly Cost$167/mo$167/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-25/mo
5-Year Cost$10,822$10,020
25-Year Cost$109,948$63,745
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

$46,203

Without Solar
With Solar
Year 1
$2,004
$2,303
Year 2Payback Year
$4,128
-$4,876
Year 5
$11,297
$2,298
Year 10
$26,414
$15,028
Year 15
$46,645
$29,090
Year 20
$73,718
$45,060
Year 25
$109,948
$63,746
YearWithout SolarWith SolarCumulative Savings
Year 1$2,004$2,303-$299
Year 2Payback$4,128-$4,876$9,005
Year 3$6,380-$2,517$8,897
Year 4$8,767-$127$8,893
Year 5$11,297$2,298$8,999
Year 6$13,979$4,759$9,220
Year 7$16,821$7,260$9,562
Year 8$19,835$9,802$10,032
Year 9$23,029$12,391$10,638
Year 10$26,414$15,028$11,386
Year 11$30,003$17,719$12,285
Year 12$33,807$20,465$13,342
Year 13$37,840$23,273$14,566
Year 14$42,114$26,147$15,967
Year 15$46,645$29,090$17,555
Year 16$51,448$32,110$19,338
Year 17$56,539$35,210$21,328
Year 18$61,935$38,398$23,537
Year 19$67,655$41,679$25,976
Year 20$73,718$45,060$28,658
Year 21$80,145$48,549$31,596
Year 22$86,958$52,153$34,805
Year 23$94,180$55,882$38,298
Year 24$101,834$59,743$42,092
Year 25$109,948$63,746$46,203

Start Saving in Shiloh

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