How Much Can Solar Save in Stanford?

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

$123
Current Bill/mo
$135
Est. Lease + Battery
6.3 yrs
Payback Period
$38,402
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

$123

Annual Cost

$1,476

25-Year Cost (No Solar)

$80,980

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 Stanford

MetricWithout SolarWith Solar
Monthly Cost$123/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$5/mo
5-Year Cost$7,970$5,820
25-Year Cost$80,980$42,578
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

$38,402

Without Solar
With Solar
Year 1Payback Year
$1,476
$1,420
Year 5
$8,320
$1,835
Year 10
$19,455
$9,922
Year 15
$34,355
$19,078
Year 20
$54,296
$29,753
Year 25
$80,980
$42,578
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,476$1,420$56
Year 2$3,041-$2,642$5,683
Year 3$4,699-$1,176$5,875
Year 4$6,457$315$6,141
Year 5$8,320$1,835$6,486
Year 6$10,296$3,384$6,912
Year 7$12,389$4,964$7,425
Year 8$14,609$6,579$8,029
Year 9$16,961$8,231$8,730
Year 10$19,455$9,922$9,533
Year 11$22,098$11,655$10,443
Year 12$24,900$13,434$11,466
Year 13$27,870$15,262$12,608
Year 14$31,018$17,142$13,877
Year 15$34,355$19,078$15,278
Year 16$37,893$21,074$16,819
Year 17$41,642$23,135$18,507
Year 18$45,617$25,265$20,352
Year 19$49,830$27,469$22,361
Year 20$54,296$29,753$24,543
Year 21$59,029$32,122$26,907
Year 22$64,047$34,582$29,465
Year 23$69,366$37,140$32,225
Year 24$75,004$39,803$35,201
Year 25$80,980$42,578$38,402

Start Saving in Stanford

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