How Much Can Solar Save in Bedford Park?
Real numbers based on current ComEd rates and Illinois incentives.
$173
Current Bill/mo
$155
Est. Lease + Battery
5.9 yrs
Payback Period
$55,502
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
$173
Annual Cost
$2,076
25-Year Cost (No Solar)
$113,899
Your Solar Investment
8 kW System
$23,200
$11,690
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110
With vs Without Solar in Bedford Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $173/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $11,210 | $8,400 |
| 25-Year Cost | $113,899 | $58,397 |
| 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
$55,502
Without Solar
With Solar
Year 1Payback Year
$2,076
$2,023
Year 5
$11,703
$1,326
Year 10
$27,363
$12,762
Year 15
$48,321
$25,636
Year 20
$76,367
$40,561
Year 25
$113,899
$58,397
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,076 | $2,023 | $53 |
| Year 2 | $4,277 | -$5,034 | $9,310 |
| Year 3 | $6,609 | -$2,949 | $9,558 |
| Year 4 | $9,082 | -$830 | $9,912 |
| Year 5 | $11,703 | $1,326 | $10,377 |
| Year 6 | $14,481 | $3,521 | $10,960 |
| Year 7 | $17,426 | $5,759 | $11,666 |
| Year 8 | $20,547 | $8,043 | $12,504 |
| Year 9 | $23,856 | $10,376 | $13,480 |
| Year 10 | $27,363 | $12,762 | $14,601 |
| Year 11 | $31,081 | $15,205 | $15,876 |
| Year 12 | $35,022 | $17,710 | $17,312 |
| Year 13 | $39,199 | $20,279 | $18,920 |
| Year 14 | $43,627 | $22,920 | $20,707 |
| Year 15 | $48,321 | $25,636 | $22,685 |
| Year 16 | $53,296 | $28,433 | $24,863 |
| Year 17 | $58,570 | $31,318 | $27,252 |
| Year 18 | $64,160 | $34,296 | $29,864 |
| Year 19 | $70,086 | $37,374 | $32,711 |
| Year 20 | $76,367 | $40,561 | $35,806 |
| Year 21 | $83,025 | $43,862 | $39,163 |
| Year 22 | $90,082 | $47,287 | $42,795 |
| Year 23 | $97,563 | $50,845 | $46,718 |
| Year 24 | $105,493 | $54,545 | $50,949 |
| Year 25 | $113,899 | $58,397 | $55,502 |
Start Saving in Bedford Park
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