How Much Can Solar Save in Hanna City?

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

$129
Current Bill/mo
$142
Est. Lease + Battery
6.7 yrs
Payback Period
$40,325
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

$129

Annual Cost

$1,548

25-Year Cost (No Solar)

$84,930

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 Hanna City

MetricWithout SolarWith Solar
Monthly Cost$129/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-3/mo
5-Year Cost$8,359$6,840
25-Year Cost$84,930$44,605
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

$40,325

Without Solar
With Solar
Year 1
$1,548
$1,581
Year 2Payback Year
$3,189
-$3,323
Year 5
$8,726
$1,615
Year 10
$20,404
$10,414
Year 15
$36,031
$20,196
Year 20
$56,944
$31,391
Year 25
$84,930
$44,605
YearWithout SolarWith SolarCumulative Savings
Year 1$1,548$1,581-$33
Year 2Payback$3,189-$3,323$6,512
Year 3$4,928-$1,701$6,629
Year 4$6,772-$55$6,827
Year 5$8,726$1,615$7,111
Year 6$10,798$3,313$7,485
Year 7$12,994$5,039$7,955
Year 8$15,321$6,796$8,525
Year 9$17,789$8,587$9,201
Year 10$20,404$10,414$9,989
Year 11$23,176$12,280$10,896
Year 12$26,115$14,188$11,926
Year 13$29,230$16,141$13,088
Year 14$32,531$18,143$14,389
Year 15$36,031$20,196$15,835
Year 16$39,741$22,305$17,436
Year 17$43,674$24,475$19,198
Year 18$47,842$26,709$21,133
Year 19$52,260$29,013$23,248
Year 20$56,944$31,391$25,553
Year 21$61,909$33,849$28,060
Year 22$67,171$36,393$30,778
Year 23$72,750$39,029$33,720
Year 24$78,663$41,764$36,898
Year 25$84,930$44,605$40,325

Start Saving in Hanna City

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