How Much Can Solar Save in Taylor Springs?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$111
Current Bill/mo
$132
Est. Lease + Battery
6.1 yrs
Payback Period
$37,028
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
$111
Annual Cost
$1,332
25-Year Cost (No Solar)
$73,080
Your Solar Investment
5 kW System
$14,500
$7,995
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,005
With vs Without Solar in Taylor Springs
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $111/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,193 | $5,280 |
| 25-Year Cost | $73,080 | $36,052 |
| 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
$37,028
Without Solar
With Solar
Year 1Payback Year
$1,332
$1,240
Year 5
$7,509
$1,380
Year 10
$17,557
$8,356
Year 15
$31,004
$16,185
Year 20
$48,998
$25,242
Year 25
$73,080
$36,051
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,332 | $1,240 | $92 |
| Year 2 | $2,744 | -$2,508 | $5,252 |
| Year 3 | $4,241 | -$1,233 | $5,473 |
| Year 4 | $5,827 | $63 | $5,764 |
| Year 5 | $7,509 | $1,380 | $6,128 |
| Year 6 | $9,291 | $2,721 | $6,570 |
| Year 7 | $11,181 | $4,087 | $7,094 |
| Year 8 | $13,183 | $5,480 | $7,704 |
| Year 9 | $15,306 | $6,902 | $8,404 |
| Year 10 | $17,557 | $8,356 | $9,201 |
| Year 11 | $19,942 | $9,843 | $10,099 |
| Year 12 | $22,471 | $11,367 | $11,104 |
| Year 13 | $25,151 | $12,930 | $12,221 |
| Year 14 | $27,992 | $14,535 | $13,457 |
| Year 15 | $31,004 | $16,185 | $14,818 |
| Year 16 | $34,196 | $17,884 | $16,312 |
| Year 17 | $37,580 | $19,635 | $17,944 |
| Year 18 | $41,166 | $21,442 | $19,724 |
| Year 19 | $44,968 | $23,310 | $21,658 |
| Year 20 | $48,998 | $25,242 | $23,756 |
| Year 21 | $53,270 | $27,244 | $26,027 |
| Year 22 | $57,799 | $29,320 | $28,479 |
| Year 23 | $62,598 | $31,476 | $31,123 |
| Year 24 | $67,686 | $33,718 | $33,969 |
| Year 25 | $73,080 | $36,051 | $37,028 |
Start Saving in Taylor Springs
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