How Much Can Solar Save in West Peoria?

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

$119
Current Bill/mo
$134
Est. Lease + Battery
9.1 yrs
Payback Period
$24,501
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

8.5 kW System

$24,650

$13,592

After All IL Incentives

DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$8,508

With vs Without Solar in West Peoria

MetricWithout SolarWith Solar
Monthly Cost$119/mo$149/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-50/mo
5-Year Cost$7,711$8,940
25-Year Cost$78,347$53,846
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

$24,501

Without Solar
With Solar
Year 1
$1,428
$2,026
Year 2Payback Year
$2,942
-$4,436
Year 5
$8,050
$1,842
Year 10
$18,822
$12,885
Year 15
$33,238
$24,922
Year 20
$52,530
$38,377
Year 25
$78,347
$53,845
YearWithout SolarWith SolarCumulative Savings
Year 1$1,428$2,026-$598
Year 2Payback$2,942-$4,436$7,378
Year 3$4,546-$2,368$6,914
Year 4$6,247-$276$6,522
Year 5$8,050$1,842$6,208
Year 6$9,961$3,987$5,974
Year 7$11,986$6,161$5,825
Year 8$14,134$8,368$5,766
Year 9$16,410$10,608$5,802
Year 10$18,822$12,885$5,937
Year 11$21,380$15,201$6,178
Year 12$24,090$17,560$6,531
Year 13$26,964$19,964$7,000
Year 14$30,010$22,417$7,593
Year 15$33,238$24,922$8,316
Year 16$36,660$27,483$9,177
Year 17$40,288$30,105$10,183
Year 18$44,133$32,791$11,342
Year 19$48,209$35,547$12,662
Year 20$52,530$38,377$14,153
Year 21$57,110$41,287$15,822
Year 22$61,964$44,283$17,682
Year 23$67,110$47,370$19,740
Year 24$72,565$50,555$22,010
Year 25$78,347$53,845$24,501

Start Saving in West Peoria

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