How Much Can Solar Save in Newman?
Real numbers based on current Ameren Illinois rates and Illinois incentives.
$121
Current Bill/mo
$136
Est. Lease + Battery
7.1 yrs
Payback Period
$35,017
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
$121
Annual Cost
$1,452
25-Year Cost (No Solar)
$79,663
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 Newman
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-11/mo |
| 5-Year Cost | $7,841 | $6,840 |
| 25-Year Cost | $79,663 | $44,646 |
| 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
$35,017
Without Solar
With Solar
Year 1
$1,452
$1,590
Year 2Payback Year
$2,991
-$3,307
Year 5
$8,185
$1,655
Year 10
$19,139
$10,489
Year 15
$33,797
$20,291
Year 20
$53,413
$31,481
Year 25
$79,663
$44,646
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,452 | $1,590 | -$138 |
| Year 2Payback | $2,991 | -$3,307 | $6,298 |
| Year 3 | $4,623 | -$1,677 | $6,299 |
| Year 4 | $6,352 | -$23 | $6,375 |
| Year 5 | $8,185 | $1,655 | $6,530 |
| Year 6 | $10,128 | $3,360 | $6,768 |
| Year 7 | $12,188 | $5,094 | $7,094 |
| Year 8 | $14,371 | $6,858 | $7,513 |
| Year 9 | $16,685 | $8,656 | $8,030 |
| Year 10 | $19,139 | $10,489 | $8,650 |
| Year 11 | $21,739 | $12,360 | $9,378 |
| Year 12 | $24,495 | $14,273 | $10,222 |
| Year 13 | $27,417 | $16,230 | $11,186 |
| Year 14 | $30,514 | $18,235 | $12,279 |
| Year 15 | $33,797 | $20,291 | $13,505 |
| Year 16 | $37,277 | $22,402 | $14,874 |
| Year 17 | $40,965 | $24,572 | $16,393 |
| Year 18 | $44,875 | $26,806 | $18,069 |
| Year 19 | $49,020 | $29,107 | $19,913 |
| Year 20 | $53,413 | $31,481 | $21,931 |
| Year 21 | $58,069 | $33,934 | $24,136 |
| Year 22 | $63,006 | $36,470 | $26,535 |
| Year 23 | $68,238 | $39,097 | $29,141 |
| Year 24 | $73,784 | $41,820 | $31,965 |
| Year 25 | $79,663 | $44,646 | $35,017 |
Start Saving in Newman
Get a free, personalized solar analysis based on your actual Ameren Illinois bill and roof. Lease or own — we'll find the best option.
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Ameren Illinois rates projected to rise again next year. Lock in savings now.