How Much Can Solar Save in West Point?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$106
Current Bill/mo
$128
Est. Lease + Battery
6.9 yrs
Payback Period
$31,388
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
$106
Annual Cost
$1,272
25-Year Cost (No Solar)
$69,788
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 West Point
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $106/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-7/mo |
| 5-Year Cost | $6,869 | $5,820 |
| 25-Year Cost | $69,788 | $38,400 |
| 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
$31,388
Without Solar
With Solar
Year 1
$1,272
$1,354
Year 2Payback Year
$2,620
-$2,780
Year 5
$7,170
$1,453
Year 10
$16,766
$9,003
Year 15
$29,607
$17,408
Year 20
$46,791
$27,034
Year 25
$69,788
$38,399
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,272 | $1,354 | -$82 |
| Year 2Payback | $2,620 | -$2,780 | $5,400 |
| Year 3 | $4,050 | -$1,390 | $5,439 |
| Year 4 | $5,565 | $21 | $5,544 |
| Year 5 | $7,170 | $1,453 | $5,718 |
| Year 6 | $8,873 | $2,908 | $5,964 |
| Year 7 | $10,677 | $4,389 | $6,288 |
| Year 8 | $12,590 | $5,897 | $6,692 |
| Year 9 | $14,617 | $7,435 | $7,182 |
| Year 10 | $16,766 | $9,003 | $7,763 |
| Year 11 | $19,044 | $10,606 | $8,438 |
| Year 12 | $21,459 | $12,245 | $9,214 |
| Year 13 | $24,018 | $13,923 | $10,095 |
| Year 14 | $26,731 | $15,643 | $11,088 |
| Year 15 | $29,607 | $17,408 | $12,199 |
| Year 16 | $32,655 | $19,221 | $13,434 |
| Year 17 | $35,887 | $21,087 | $14,800 |
| Year 18 | $39,312 | $23,008 | $16,304 |
| Year 19 | $42,943 | $24,989 | $17,954 |
| Year 20 | $46,791 | $27,034 | $19,757 |
| Year 21 | $50,871 | $29,148 | $21,722 |
| Year 22 | $55,195 | $31,337 | $23,858 |
| Year 23 | $59,779 | $33,604 | $26,175 |
| Year 24 | $64,637 | $35,956 | $28,681 |
| Year 25 | $69,788 | $38,399 | $31,388 |
Start Saving in West Point
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Ameren Illinois rates projected to rise again next year. Lock in savings now.