How Much Can Solar Save in Marine?

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

$135
Current Bill/mo
$145
Est. Lease + Battery
7.2 yrs
Payback Period
$39,043
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

$135

Annual Cost

$1,620

25-Year Cost (No Solar)

$88,881

Your Solar Investment

7.5 kW System

$21,750

$11,993

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$7,507

With vs Without Solar in Marine

MetricWithout SolarWith Solar
Monthly Cost$135/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-15/mo
5-Year Cost$8,748$7,920
25-Year Cost$88,881$49,838
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

$39,043

Without Solar
With Solar
Year 1
$1,620
$1,805
Year 2Payback Year
$3,337
-$3,875
Year 5
$9,132
$1,747
Year 10
$21,353
$11,716
Year 15
$37,707
$22,722
Year 20
$59,593
$35,216
Year 25
$88,881
$49,838
YearWithout SolarWith SolarCumulative Savings
Year 1$1,620$1,805-$185
Year 2Payback$3,337-$3,875$7,212
Year 3$5,157-$2,026$7,184
Year 4$7,087-$153$7,240
Year 5$9,132$1,747$7,385
Year 6$11,300$3,675$7,625
Year 7$13,598$5,633$7,965
Year 8$16,034$7,625$8,409
Year 9$18,616$9,651$8,965
Year 10$21,353$11,716$9,637
Year 11$24,254$13,822$10,432
Year 12$27,329$15,972$11,357
Year 13$30,589$18,170$12,419
Year 14$34,044$20,418$13,626
Year 15$37,707$22,722$14,985
Year 16$41,589$25,084$16,505
Year 17$45,705$27,510$18,195
Year 18$50,067$30,004$20,063
Year 19$54,691$32,571$22,120
Year 20$59,593$35,216$24,376
Year 21$64,788$37,946$26,842
Year 22$70,296$40,766$29,529
Year 23$76,133$43,684$32,450
Year 24$82,321$46,705$35,616
Year 25$88,881$49,838$39,043

Start Saving in Marine

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