How Much Can Solar Save in Alsip?
Real numbers based on current ComEd rates and Illinois incentives.
$156
Current Bill/mo
$145
Est. Lease + Battery
5.5 yrs
Payback Period
$51,468
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
$156
Annual Cost
$1,872
25-Year Cost (No Solar)
$102,706
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 Alsip
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $156/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $10,109 | $6,840 |
| 25-Year Cost | $102,706 | $51,238 |
| 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
$51,468
Without Solar
With Solar
Year 1Payback Year
$1,872
$1,704
Year 5
$10,553
$1,424
Year 10
$24,674
$11,203
Year 15
$43,573
$22,344
Year 20
$68,863
$35,422
Year 25
$102,706
$51,238
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,872 | $1,704 | $168 |
| Year 2 | $3,856 | -$3,965 | $7,822 |
| Year 3 | $5,960 | -$2,202 | $8,162 |
| Year 4 | $8,189 | -$407 | $8,596 |
| Year 5 | $10,553 | $1,424 | $9,129 |
| Year 6 | $13,058 | $3,292 | $9,766 |
| Year 7 | $15,713 | $5,201 | $10,512 |
| Year 8 | $18,528 | $7,154 | $11,374 |
| Year 9 | $21,512 | $9,153 | $12,359 |
| Year 10 | $24,674 | $11,203 | $13,472 |
| Year 11 | $28,027 | $13,306 | $14,721 |
| Year 12 | $31,581 | $15,468 | $16,113 |
| Year 13 | $35,347 | $17,692 | $17,656 |
| Year 14 | $39,340 | $19,982 | $19,358 |
| Year 15 | $43,573 | $22,344 | $21,229 |
| Year 16 | $48,059 | $24,783 | $23,276 |
| Year 17 | $52,815 | $27,304 | $25,511 |
| Year 18 | $57,855 | $29,913 | $27,942 |
| Year 19 | $63,199 | $32,617 | $30,582 |
| Year 20 | $68,863 | $35,422 | $33,441 |
| Year 21 | $74,866 | $38,336 | $36,531 |
| Year 22 | $81,230 | $41,365 | $39,865 |
| Year 23 | $87,976 | $44,520 | $43,456 |
| Year 24 | $95,127 | $47,808 | $47,319 |
| Year 25 | $102,706 | $51,238 | $51,468 |
Start Saving in Alsip
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