How Much Can Solar Save in Waynesville?

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

$117
Current Bill/mo
$133
Est. Lease + Battery
7.4 yrs
Payback Period
$32,278
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

$117

Annual Cost

$1,404

25-Year Cost (No Solar)

$77,030

Your Solar Investment

6.5 kW System

$18,850

$10,394

After All IL Incentives

DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$6,506

With vs Without Solar in Waynesville

MetricWithout SolarWith Solar
Monthly Cost$117/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-16/mo
5-Year Cost$7,582$6,840
25-Year Cost$77,030$44,752
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

$32,278

Without Solar
With Solar
Year 1
$1,404
$1,595
Year 2Payback Year
$2,892
-$3,295
Year 5
$7,914
$1,685
Year 10
$18,506
$10,548
Year 15
$32,679
$20,376
Year 20
$51,647
$31,585
Year 25
$77,030
$44,752
YearWithout SolarWith SolarCumulative Savings
Year 1$1,404$1,595-$191
Year 2Payback$2,892-$3,295$6,188
Year 3$4,470-$1,659$6,129
Year 4$6,142$0$6,142
Year 5$7,914$1,685$6,230
Year 6$9,793$3,395$6,398
Year 7$11,785$5,135$6,650
Year 8$13,896$6,905$6,991
Year 9$16,134$8,709$7,425
Year 10$18,506$10,548$7,958
Year 11$21,020$12,425$8,595
Year 12$23,685$14,343$9,342
Year 13$26,511$16,306$10,205
Year 14$29,505$18,316$11,190
Year 15$32,679$20,376$12,303
Year 16$36,044$22,492$13,552
Year 17$39,611$24,666$14,945
Year 18$43,392$26,903$16,488
Year 19$47,399$29,208$18,191
Year 20$51,647$31,585$20,062
Year 21$56,150$34,039$22,111
Year 22$60,923$36,577$24,346
Year 23$65,982$39,204$26,778
Year 24$71,345$41,927$29,418
Year 25$77,030$44,752$32,278

Start Saving in Waynesville

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