How Much Can Solar Save in Spaulding?

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

$152
Current Bill/mo
$153
Est. Lease + Battery
6.7 yrs
Payback Period
$46,459
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

$152

Annual Cost

$1,824

25-Year Cost (No Solar)

$100,073

Your Solar Investment

7.5 kW System

$21,750

$11,993

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507

With vs Without Solar in Spaulding

MetricWithout SolarWith Solar
Monthly Cost$152/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-3/mo
5-Year Cost$9,850$7,920
25-Year Cost$100,073$53,614
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

$46,459

Without Solar
With Solar
Year 1
$1,824
$1,864
Year 2Payback Year
$3,757
-$3,754
Year 5
$10,282
$2,085
Year 10
$24,042
$12,533
Year 15
$42,455
$24,215
Year 20
$67,097
$37,660
Year 25
$100,073
$53,614
YearWithout SolarWith SolarCumulative Savings
Year 1$1,824$1,864-$40
Year 2Payback$3,757-$3,754$7,511
Year 3$5,807-$1,838$7,645
Year 4$7,979$108$7,872
Year 5$10,282$2,085$8,197
Year 6$12,723$4,096$8,627
Year 7$15,310$6,143$9,167
Year 8$18,053$8,230$9,823
Year 9$20,960$10,359$10,601
Year 10$24,042$12,533$11,509
Year 11$27,308$14,756$12,552
Year 12$30,771$17,032$13,739
Year 13$34,441$19,364$15,077
Year 14$38,331$21,757$16,574
Year 15$42,455$24,215$18,241
Year 16$46,827$26,743$20,084
Year 17$51,460$29,345$22,115
Year 18$56,372$32,028$24,343
Year 19$61,578$34,798$26,780
Year 20$67,097$37,660$29,437
Year 21$72,947$40,622$32,325
Year 22$79,148$43,690$35,457
Year 23$85,720$46,873$38,848
Year 24$92,688$50,178$42,510
Year 25$100,073$53,614$46,459

Start Saving in Spaulding

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