How Much Can Solar Save in Algonquin?
Real numbers based on current ComEd rates and Illinois incentives.
$187
Current Bill/mo
$165
Est. Lease + Battery
6.2 yrs
Payback Period
$59,192
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
$187
Annual Cost
$2,244
25-Year Cost (No Solar)
$123,116
Your Solar Investment
9.5 kW System
$27,550
$13,881
After All IL Incentives
DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$10,819
With vs Without Solar in Algonquin
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $187/mo | $167/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $12,118 | $10,020 |
| 25-Year Cost | $123,116 | $63,924 |
| 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
$59,192
Without Solar
With Solar
Year 1
$2,244
$2,313
Year 2Payback Year
$4,623
-$6,163
Year 5
$12,650
$1,062
Year 10
$29,578
$13,934
Year 15
$52,231
$28,241
Year 20
$82,547
$44,610
Year 25
$123,116
$63,924
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,244 | $2,313 | -$69 |
| Year 2Payback | $4,623 | -$6,163 | $10,786 |
| Year 3 | $7,144 | -$3,789 | $10,933 |
| Year 4 | $9,817 | -$1,382 | $11,198 |
| Year 5 | $12,650 | $1,062 | $11,588 |
| Year 6 | $15,653 | $3,545 | $12,108 |
| Year 7 | $18,836 | $6,070 | $12,765 |
| Year 8 | $22,210 | $8,641 | $13,569 |
| Year 9 | $25,787 | $11,261 | $14,525 |
| Year 10 | $29,578 | $13,934 | $15,644 |
| Year 11 | $33,596 | $16,663 | $16,933 |
| Year 12 | $37,856 | $19,454 | $18,402 |
| Year 13 | $42,372 | $22,310 | $20,061 |
| Year 14 | $47,158 | $25,238 | $21,920 |
| Year 15 | $52,231 | $28,241 | $23,991 |
| Year 16 | $57,609 | $31,325 | $26,284 |
| Year 17 | $63,310 | $34,498 | $28,812 |
| Year 18 | $69,352 | $37,765 | $31,587 |
| Year 19 | $75,757 | $41,133 | $34,624 |
| Year 20 | $82,547 | $44,610 | $37,937 |
| Year 21 | $89,744 | $48,203 | $41,540 |
| Year 22 | $97,372 | $51,922 | $45,450 |
| Year 23 | $105,459 | $55,775 | $49,683 |
| Year 24 | $114,030 | $59,772 | $54,258 |
| Year 25 | $123,116 | $63,924 | $59,192 |
Start Saving in Algonquin
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