Illinois in St. Clair County – Ameren utility

Assumed Installation cost:
(before rebates, incentives or tax credits). See the Cost Notes, below!
To recalculate, enter a value for assumed cost/watt installed and press "enter" on your keyboard.

$90,000
 

assuming $/watt

 

Expected Ameren Utility Rebate:
(Limited to not exceed state max. incentive amount)

($ 0 )

 

Expected IL State Rebate
(Maximum: $10000)
(Limited to 30% of cost)

($ 10,000 )

 

IL State Tax Credit/Deduction

($ 0 )

 

Federal Tax Credit:
(Installation type: Residential )

($ 2,000 )

 

Income Tax on Tax Credit:

$ 0

 

YOUR ESTIMATED NET COST:

$ 78,000

 

 

Monthly Payment (6.5% apr, 30 years):

$ 493

 

SAVINGS & BENEFITS

 

Increase in Property Value:

$26,560 to $66,892

Exempt from Property Tax:

YES

Accelerated (5 yr) Depreciation:
(Installation type: Residential )

No

First-year Utility Savings:
Since this is not a business application, these savings are in after tax dollars. So, your realized savings may actually be higher!

$1,328 to $3,345

Average Monthly Utility Savings:
(over 25-year expected life of system)

$186 to $468

Assumed Utility
Inflation Rate

%
To recalculate, enter a value and press "enter" on your keyboard

Average Annual Utility Savings:
(over 25-year expected life of system)

$2,229 to $5,614

25-year Utility Savings:

$55,725 to $140,344

 

Return on Investment (ROI):
(with Solar System ave. cost set as asset value)

209%

 

Return on Investment (ROI):
(with Property appreciation set as asset value)

615% to 244%

 

Internal Rate of Return (IRR):

-0.0% - 8.0%

 

Years to Break even:
(Includes property value appreciation)

1 to 14 years

 

Years to Break even:
(Assuming no property value appreciation)

8 to 21 years

 

Greenhouse Gas (CO2) Saved:
over 25-year system life

254.0 tons
(508,000 auto miles)

 

 

 

Missouri in St Louis county – Ameren utility

Assumed Installation cost:
(before rebates, incentives or tax credits). See the Cost Notes, below!
To recalculate, enter a value for assumed cost/watt installed and press "enter" on your keyboard.

$121,500
 

assuming $/watt

 

Expected Ameren Utility Rebate:

($ 0 )

 

Expected MO State Rebate:
State incentive does not apply to this utility

($ 0 )

 

MO State Tax Credit/Deduction

($ 0 )

 

Federal Tax Credit:
(Installation type: Residential )

($ 2,000 )

 

Income Tax on Tax Credit:

$ 0

 

YOUR ESTIMATED NET COST:
This Estimator is designed for residential and commerical PV systems less than 10kW in size. Cost and incentive data for larger systems may not be correct. We encourage you to work with a Solar Pro who can better estimate your needs and incentives available to you.

$ 119,500

 

Monthly Payment (6.5% apr, 30 years):

$ 755

 

SAVINGS & BENEFITS

 

Increase in Property Value:

$26,560 to $66,892

Exempt from Property Tax:

No

Accelerated (5 yr) Depreciation:
(Installation type: Residential )

No

First-year Utility Savings:
Since this is not a business application, these savings are in after tax dollars. So, your realized savings may actually be higher!

$1,328 to $3,345

Average Monthly Utility Savings:
(over 25-year expected life of system)

$186 to $468

Assumed Utility
Inflation Rate

%
To recalculate, enter a value and press "enter" on your keyboard

Average Annual Utility Savings:
(over 25-year expected life of system)

$2,229 to $5,614

25-year Utility Savings:

$55,725 to $140,344

 

Return on Investment (ROI):
(with Solar System ave. cost set as asset value)

137%

 

Return on Investment (ROI):
(with Property appreciation set as asset value)

615% to 244%

 

Internal Rate of Return (IRR):

-3.0% - 4.0%

 

Years to Break even:
(Includes property value appreciation)

6 to 25 years

 

Years to Break even:
(Assuming no property value appreciation)

13 to 32 years

 

Greenhouse Gas (CO2) Saved:
over 25-year system life

349.0 tons
(698,000 auto miles)