How Much Can Solar Save in Morton?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$156
Current Bill/mo
$154
Est. Lease + Battery
6.2 yrs
Payback Period
$49,565
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
$156
Annual Cost
$1,872
25-Year Cost (No Solar)
$102,706
Your Solar Investment
7 kW System
$20,300
$11,194
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,006
With vs Without Solar in Morton
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $156/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $10,109 | $7,380 |
| 25-Year Cost | $102,706 | $53,141 |
| 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
$49,565
Without Solar
With Solar
Year 1Payback Year
$1,872
$1,787
Year 5
$10,553
$2,223
Year 10
$24,674
$12,368
Year 15
$43,573
$23,826
Year 20
$68,863
$37,156
Year 25
$102,706
$53,141
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,872 | $1,787 | $85 |
| Year 2 | $3,856 | -$3,404 | $7,260 |
| Year 3 | $5,960 | -$1,561 | $7,520 |
| Year 4 | $8,189 | $314 | $7,875 |
| Year 5 | $10,553 | $2,223 | $8,330 |
| Year 6 | $13,058 | $4,168 | $8,890 |
| Year 7 | $15,713 | $6,152 | $9,562 |
| Year 8 | $18,528 | $8,177 | $10,351 |
| Year 9 | $21,512 | $10,248 | $11,263 |
| Year 10 | $24,674 | $12,368 | $12,307 |
| Year 11 | $28,027 | $14,539 | $13,488 |
| Year 12 | $31,581 | $16,766 | $14,814 |
| Year 13 | $35,347 | $19,053 | $16,294 |
| Year 14 | $39,340 | $21,405 | $17,935 |
| Year 15 | $43,573 | $23,826 | $19,747 |
| Year 16 | $48,059 | $26,320 | $21,739 |
| Year 17 | $52,815 | $28,895 | $23,920 |
| Year 18 | $57,855 | $31,555 | $26,301 |
| Year 19 | $63,199 | $34,306 | $28,893 |
| Year 20 | $68,863 | $37,156 | $31,707 |
| Year 21 | $74,866 | $40,110 | $34,756 |
| Year 22 | $81,230 | $43,178 | $38,052 |
| Year 23 | $87,976 | $46,366 | $41,610 |
| Year 24 | $95,127 | $49,684 | $45,442 |
| Year 25 | $102,706 | $53,141 | $49,565 |
Start Saving in Morton
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