How Much Can Solar Save in Spring Bay?

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

$134
Current Bill/mo
$143
Est. Lease + Battery
7.4 yrs
Payback Period
$37,235
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

$134

Annual Cost

$1,608

25-Year Cost (No Solar)

$88,222

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 Spring Bay

MetricWithout SolarWith Solar
Monthly Cost$134/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-18/mo
5-Year Cost$8,683$7,920
25-Year Cost$88,222$50,987
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

$37,235

Without Solar
With Solar
Year 1
$1,608
$1,829
Year 2Payback Year
$3,312
-$3,827
Year 5
$9,064
$1,877
Year 10
$21,195
$12,014
Year 15
$37,428
$23,236
Year 20
$59,151
$36,008
Year 25
$88,222
$50,987
YearWithout SolarWith SolarCumulative Savings
Year 1$1,608$1,829-$221
Year 2Payback$3,312-$3,827$7,139
Year 3$5,119-$1,952$7,071
Year 4$7,034-$51$7,086
Year 5$9,064$1,877$7,187
Year 6$11,216$3,835$7,381
Year 7$13,497$5,826$7,672
Year 8$15,915$7,850$8,065
Year 9$18,478$9,912$8,566
Year 10$21,195$12,014$9,180
Year 11$24,074$14,159$9,915
Year 12$27,127$16,350$10,777
Year 13$30,362$18,591$11,772
Year 14$33,792$20,885$12,908
Year 15$37,428$23,236$14,192
Year 16$41,281$25,648$15,633
Year 17$45,366$28,127$17,239
Year 18$49,696$30,676$19,020
Year 19$54,286$33,302$20,984
Year 20$59,151$36,008$23,143
Year 21$64,308$38,803$25,506
Year 22$69,775$41,691$28,084
Year 23$75,569$44,679$30,890
Year 24$81,711$47,776$33,936
Year 25$88,222$50,987$37,235

Start Saving in Spring Bay

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