How Much Can Solar Save in Wayne City?

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

$121
Current Bill/mo
$134
Est. Lease + Battery
6.4 yrs
Payback Period
$37,368
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

$121

Annual Cost

$1,452

25-Year Cost (No Solar)

$79,663

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 Wayne City

MetricWithout SolarWith Solar
Monthly Cost$121/mo$97/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$3/mo
5-Year Cost$7,841$5,820
25-Year Cost$79,663$42,295
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

$37,368

Without Solar
With Solar
Year 1Payback Year
$1,452
$1,416
Year 5
$8,185
$1,813
Year 10
$19,139
$9,866
Year 15
$33,797
$18,973
Year 20
$53,413
$29,575
Year 25
$79,663
$42,295
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,452$1,416$36
Year 2$2,991-$2,650$5,641
Year 3$4,623-$1,188$5,811
Year 4$6,352$299$6,053
Year 5$8,185$1,813$6,372
Year 6$10,128$3,356$6,772
Year 7$12,188$4,930$7,257
Year 8$14,371$6,539$7,832
Year 9$16,685$8,183$8,502
Year 10$19,139$9,866$9,272
Year 11$21,739$11,591$10,147
Year 12$24,495$13,361$11,134
Year 13$27,417$15,179$12,238
Year 14$30,514$17,048$13,466
Year 15$33,797$18,973$14,824
Year 16$37,277$20,957$16,320
Year 17$40,965$23,004$17,961
Year 18$44,875$25,120$19,755
Year 19$49,020$27,308$21,711
Year 20$53,413$29,575$23,837
Year 21$58,069$31,926$26,143
Year 22$63,006$34,367$28,639
Year 23$68,238$36,904$31,334
Year 24$73,784$39,544$34,240
Year 25$79,663$42,295$37,368

Start Saving in Wayne City

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