How Much Can Solar Save in Summerfield?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$113
Current Bill/mo
$134
Est. Lease + Battery
6.9 yrs
Payback Period
$34,797
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
$113
Annual Cost
$1,356
25-Year Cost (No Solar)
$74,396
Your Solar Investment
6 kW System
$17,400
$9,595
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005
With vs Without Solar in Summerfield
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $113/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-7/mo |
| 5-Year Cost | $7,322 | $6,300 |
| 25-Year Cost | $74,396 | $39,599 |
| 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
$34,797
Without Solar
With Solar
Year 1
$1,356
$1,434
Year 2Payback Year
$2,793
-$3,120
Year 5
$7,644
$1,346
Year 10
$17,873
$9,265
Year 15
$31,562
$18,010
Year 20
$49,881
$27,949
Year 25
$74,396
$39,599
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,356 | $1,434 | -$78 |
| Year 2Payback | $2,793 | -$3,120 | $5,913 |
| Year 3 | $4,317 | -$1,651 | $5,968 |
| Year 4 | $5,932 | -$163 | $6,095 |
| Year 5 | $7,644 | $1,346 | $6,298 |
| Year 6 | $9,459 | $2,877 | $6,581 |
| Year 7 | $11,382 | $4,433 | $6,949 |
| Year 8 | $13,421 | $6,015 | $7,406 |
| Year 9 | $15,582 | $7,625 | $7,958 |
| Year 10 | $17,873 | $9,265 | $8,608 |
| Year 11 | $20,302 | $10,938 | $9,364 |
| Year 12 | $22,876 | $12,646 | $10,230 |
| Year 13 | $25,604 | $14,392 | $11,212 |
| Year 14 | $28,496 | $16,179 | $12,317 |
| Year 15 | $31,562 | $18,010 | $13,552 |
| Year 16 | $34,812 | $19,889 | $14,923 |
| Year 17 | $38,257 | $21,818 | $16,439 |
| Year 18 | $41,908 | $23,801 | $18,107 |
| Year 19 | $45,779 | $25,844 | $19,935 |
| Year 20 | $49,881 | $27,949 | $21,932 |
| Year 21 | $54,230 | $30,122 | $24,108 |
| Year 22 | $58,840 | $32,369 | $26,471 |
| Year 23 | $63,726 | $34,693 | $29,034 |
| Year 24 | $68,906 | $37,101 | $31,805 |
| Year 25 | $74,396 | $39,599 | $34,797 |
Start Saving in Summerfield
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Ameren Illinois rates projected to rise again next year. Lock in savings now.