How Much Can Solar Save in Virginia?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$119
Current Bill/mo
$138
Est. Lease + Battery
6 yrs
Payback Period
$41,045
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
$119
Annual Cost
$1,428
25-Year Cost (No Solar)
$78,347
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 Virginia
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $119/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $7,711 | $5,820 |
| 25-Year Cost | $78,347 | $37,302 |
| 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
$41,045
Without Solar
With Solar
Year 1Payback Year
$1,428
$1,320
Year 5
$8,050
$1,275
Year 10
$18,822
$8,622
Year 15
$33,238
$16,800
Year 20
$52,530
$26,184
Year 25
$78,347
$37,302
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,428 | $1,320 | $108 |
| Year 2 | $2,942 | -$2,848 | $5,790 |
| Year 3 | $4,546 | -$1,493 | $6,040 |
| Year 4 | $6,247 | -$120 | $6,367 |
| Year 5 | $8,050 | $1,275 | $6,775 |
| Year 6 | $9,961 | $2,692 | $7,269 |
| Year 7 | $11,986 | $4,133 | $7,853 |
| Year 8 | $14,134 | $5,600 | $8,533 |
| Year 9 | $16,410 | $7,096 | $9,314 |
| Year 10 | $18,822 | $8,622 | $10,200 |
| Year 11 | $21,380 | $10,181 | $11,198 |
| Year 12 | $24,090 | $11,776 | $12,315 |
| Year 13 | $26,964 | $13,408 | $13,555 |
| Year 14 | $30,010 | $15,082 | $14,927 |
| Year 15 | $33,238 | $16,800 | $16,438 |
| Year 16 | $36,660 | $18,566 | $18,094 |
| Year 17 | $40,288 | $20,384 | $19,904 |
| Year 18 | $44,133 | $22,256 | $21,877 |
| Year 19 | $48,209 | $24,188 | $24,021 |
| Year 20 | $52,530 | $26,184 | $26,346 |
| Year 21 | $57,110 | $28,249 | $28,861 |
| Year 22 | $61,964 | $30,387 | $31,577 |
| Year 23 | $67,110 | $32,605 | $34,505 |
| Year 24 | $72,565 | $34,907 | $37,657 |
| Year 25 | $78,347 | $37,302 | $41,045 |
Start Saving in Virginia
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Ameren Illinois rates projected to rise again next year. Lock in savings now.