How Much Can Solar Save in Albany?
Real numbers based on current ComEd rates and Illinois incentives.
$141
Current Bill/mo
$138
Est. Lease + Battery
6 yrs
Payback Period
$44,048
25-Year Savings
What You're Paying Now
Without solar, here's what ComEd electricity will cost you over time at 6% annual rate increases.
Monthly Bill
$141
Annual Cost
$1,692
25-Year Cost (No Solar)
$92,831
Your Solar Investment
6.5 kW System
$18,850
$9,498
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$7,402
With vs Without Solar in Albany
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $141/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $9,137 | $6,840 |
| 25-Year Cost | $92,831 | $48,783 |
| 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
$44,048
Without Solar
With Solar
Year 1Payback Year
$1,692
$1,670
Year 5
$9,538
$1,221
Year 10
$22,302
$10,703
Year 15
$39,383
$21,411
Year 20
$62,241
$33,864
Year 25
$92,831
$48,783
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,692 | $1,670 | $22 |
| Year 2 | $3,486 | -$4,037 | $7,522 |
| Year 3 | $5,387 | -$2,314 | $7,701 |
| Year 4 | $7,402 | -$562 | $7,964 |
| Year 5 | $9,538 | $1,221 | $8,316 |
| Year 6 | $11,802 | $3,039 | $8,763 |
| Year 7 | $14,202 | $4,893 | $9,309 |
| Year 8 | $16,747 | $6,787 | $9,960 |
| Year 9 | $19,443 | $8,722 | $10,721 |
| Year 10 | $22,302 | $10,703 | $11,599 |
| Year 11 | $25,332 | $12,732 | $12,600 |
| Year 12 | $28,544 | $14,814 | $13,730 |
| Year 13 | $31,949 | $16,952 | $14,997 |
| Year 14 | $35,557 | $19,149 | $16,408 |
| Year 15 | $39,383 | $21,411 | $17,972 |
| Year 16 | $43,438 | $23,742 | $19,695 |
| Year 17 | $47,736 | $26,148 | $21,588 |
| Year 18 | $52,292 | $28,632 | $23,660 |
| Year 19 | $57,122 | $31,202 | $25,920 |
| Year 20 | $62,241 | $33,864 | $28,378 |
| Year 21 | $67,668 | $36,622 | $31,045 |
| Year 22 | $73,420 | $39,486 | $33,934 |
| Year 23 | $79,517 | $42,462 | $37,055 |
| Year 24 | $85,980 | $45,558 | $40,422 |
| Year 25 | $92,831 | $48,783 | $44,048 |
Start Saving in Albany
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