How Much Can Solar Save in Tower Hill?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$110
Current Bill/mo
$133
Est. Lease + Battery
6.4 yrs
Payback Period
$36,357
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
$110
Annual Cost
$1,320
25-Year Cost (No Solar)
$72,421
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 Tower Hill
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $110/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $7,128 | $5,820 |
| 25-Year Cost | $72,421 | $36,064 |
| 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
$36,357
Without Solar
With Solar
Year 1Payback Year
$1,320
$1,304
Year 5
$7,441
$1,179
Year 10
$17,399
$8,382
Year 15
$30,724
$16,344
Year 20
$48,557
$25,410
Year 25
$72,421
$36,064
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,320 | $1,304 | $16 |
| Year 2 | $2,719 | -$2,881 | $5,601 |
| Year 3 | $4,202 | -$1,546 | $5,748 |
| Year 4 | $5,774 | -$193 | $5,967 |
| Year 5 | $7,441 | $1,179 | $6,262 |
| Year 6 | $9,207 | $2,572 | $6,636 |
| Year 7 | $11,080 | $3,986 | $7,093 |
| Year 8 | $13,065 | $5,425 | $7,640 |
| Year 9 | $15,169 | $6,889 | $8,279 |
| Year 10 | $17,399 | $8,382 | $9,017 |
| Year 11 | $19,763 | $9,904 | $9,858 |
| Year 12 | $22,268 | $11,459 | $10,809 |
| Year 13 | $24,924 | $13,049 | $11,876 |
| Year 14 | $27,740 | $14,676 | $13,064 |
| Year 15 | $30,724 | $16,344 | $14,380 |
| Year 16 | $33,888 | $18,056 | $15,832 |
| Year 17 | $37,241 | $19,814 | $17,427 |
| Year 18 | $40,795 | $21,624 | $19,172 |
| Year 19 | $44,563 | $23,487 | $21,076 |
| Year 20 | $48,557 | $25,410 | $23,147 |
| Year 21 | $52,790 | $27,395 | $25,396 |
| Year 22 | $57,278 | $29,447 | $27,830 |
| Year 23 | $62,034 | $31,573 | $30,462 |
| Year 24 | $67,077 | $33,777 | $33,300 |
| Year 25 | $72,421 | $36,064 | $36,357 |
Start Saving in Tower Hill
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Ameren Illinois rates projected to rise again next year. Lock in savings now.