How Much Can Solar Save in Manito?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$124
Current Bill/mo
$138
Est. Lease + Battery
6.5 yrs
Payback Period
$39,151
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
$124
Annual Cost
$1,488
25-Year Cost (No Solar)
$81,638
Your Solar Investment
6 kW System
$17,400
$9,595
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,005
With vs Without Solar in Manito
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $124/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $8,035 | $6,300 |
| 25-Year Cost | $81,638 | $42,487 |
| 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
$39,151
Without Solar
With Solar
Year 1Payback Year
$1,488
$1,481
Year 5
$8,388
$1,613
Year 10
$19,613
$9,906
Year 15
$34,635
$19,172
Year 20
$54,737
$29,834
Year 25
$81,638
$42,487
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,488 | $1,481 | $7 |
| Year 2 | $3,065 | -$3,023 | $6,089 |
| Year 3 | $4,737 | -$1,501 | $6,239 |
| Year 4 | $6,509 | $44 | $6,466 |
| Year 5 | $8,388 | $1,613 | $6,775 |
| Year 6 | $10,379 | $3,210 | $7,169 |
| Year 7 | $12,490 | $4,835 | $7,655 |
| Year 8 | $14,727 | $6,491 | $8,236 |
| Year 9 | $17,099 | $8,181 | $8,919 |
| Year 10 | $19,613 | $9,906 | $9,707 |
| Year 11 | $22,278 | $11,670 | $10,608 |
| Year 12 | $25,102 | $13,475 | $11,628 |
| Year 13 | $28,097 | $15,325 | $12,772 |
| Year 14 | $31,270 | $17,223 | $14,048 |
| Year 15 | $34,635 | $19,172 | $15,463 |
| Year 16 | $38,201 | $21,176 | $17,024 |
| Year 17 | $41,981 | $23,240 | $18,740 |
| Year 18 | $45,988 | $25,368 | $20,619 |
| Year 19 | $50,235 | $27,564 | $22,670 |
| Year 20 | $54,737 | $29,834 | $24,903 |
| Year 21 | $59,509 | $32,183 | $27,326 |
| Year 22 | $64,568 | $34,616 | $29,952 |
| Year 23 | $69,930 | $37,140 | $32,790 |
| Year 24 | $75,614 | $39,762 | $35,852 |
| Year 25 | $81,638 | $42,487 | $39,151 |
Start Saving in Manito
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Ameren Illinois rates projected to rise again next year. Lock in savings now.