How Much Can Solar Save in Southern View?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$135
Est. Lease + Battery
8.6 yrs
Payback Period
$27,116
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
8 kW System
$23,200
$12,793
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$8,007
With vs Without Solar in Southern View
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-40/mo |
| 5-Year Cost | $7,841 | $8,400 |
| 25-Year Cost | $79,663 | $52,547 |
| 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
$27,116
Without Solar
With Solar
Year 1
$1,452
$1,935
Year 2Payback Year
$2,991
-$4,116
Year 5
$8,185
$1,899
Year 10
$19,139
$12,527
Year 15
$33,797
$24,190
Year 20
$53,413
$37,325
Year 25
$79,663
$52,547
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,452 | $1,935 | -$483 |
| Year 2Payback | $2,991 | -$4,116 | $7,107 |
| Year 3 | $4,623 | -$2,136 | $6,759 |
| Year 4 | $6,352 | -$132 | $6,484 |
| Year 5 | $8,185 | $1,899 | $6,286 |
| Year 6 | $10,128 | $3,958 | $6,170 |
| Year 7 | $12,188 | $6,048 | $6,140 |
| Year 8 | $14,371 | $8,171 | $6,200 |
| Year 9 | $16,685 | $10,330 | $6,355 |
| Year 10 | $19,139 | $12,527 | $6,612 |
| Year 11 | $21,739 | $14,765 | $6,974 |
| Year 12 | $24,495 | $17,047 | $7,449 |
| Year 13 | $27,417 | $19,376 | $8,041 |
| Year 14 | $30,514 | $21,756 | $8,758 |
| Year 15 | $33,797 | $24,190 | $9,607 |
| Year 16 | $37,277 | $26,682 | $10,594 |
| Year 17 | $40,965 | $29,237 | $11,728 |
| Year 18 | $44,875 | $31,860 | $13,015 |
| Year 19 | $49,020 | $34,554 | $14,466 |
| Year 20 | $53,413 | $37,325 | $16,087 |
| Year 21 | $58,069 | $40,179 | $17,890 |
| Year 22 | $63,006 | $43,122 | $19,884 |
| Year 23 | $68,238 | $46,160 | $22,078 |
| Year 24 | $73,784 | $49,299 | $24,485 |
| Year 25 | $79,663 | $52,547 | $27,116 |
Start Saving in Southern View
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Ameren Illinois rates projected to rise again next year. Lock in savings now.