$137
793 kWh
298 lbs
Note: Neither WattBuy nor its installer partners are affiliated with a utility. Offers from WattBuy’s solar installer partners are not connected to a utility program. If you install solar on your home, you will continue to be responsible for paying a utility bill.
Average solar panel installation
$21,034Federal Incentives
$6,310Total
$14,724
Average monthly bill without solar
$137Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $21,034. We calculated this because we think your electricity usage for the year is about 9520 kWh, and a 6.61 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.18/W, which we get from Energy Sage.
The current electricity costs for M J M Electric Cooperative Inc are 17¢/kWh. So, by replacing 100% of your usage, you’ll save $1,638 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 12.84 years. If the costs of M J M Electric Cooperative Inc electricity rise 3%, then your savings will pay for your solar system in 12.47 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 930 kWh in August, to a low of 560 kWh in December. For the entire year, we estimate that your 6.61 kW sized system would produce 9520 kWh.
You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $6,310.
From Department of Energy Data, it looks like 2,453 homes have installed solar panels in your state, Illinois.
There are 15 solar installers that operate in Illinois. WattBuy recommends Modernize, EnergyPal NX, RGR Marketing, Palmetto, EnergySage, and EnergyPal EX.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.