How Much Can Solar Save in Berkeley?

Real numbers based on current ComEd rates and Illinois incentives.

$160
Current Bill/mo
$150
Est. Lease + Battery
5.5 yrs
Payback Period
$54,074
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

$160

Annual Cost

$1,920

25-Year Cost (No Solar)

$105,340

Your Solar Investment

7 kW System

$20,300

$10,228

After All IL Incentives

DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972

With vs Without Solar in Berkeley

MetricWithout SolarWith Solar
Monthly Cost$160/mo$123/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$13/mo
5-Year Cost$10,368$7,380
25-Year Cost$105,340$51,266
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$54,074

Without Solar
With Solar
Year 1Payback Year
$1,920
$1,766
Year 5
$10,823
$1,140
Year 10
$25,307
$11,140
Year 15
$44,690
$22,422
Year 20
$70,628
$35,538
Year 25
$105,340
$51,266
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,920$1,766$154
Year 2$3,955-$4,414$8,369
Year 3$6,113-$2,594$8,706
Year 4$8,399-$744$9,143
Year 5$10,823$1,140$9,684
Year 6$13,393$3,058$10,335
Year 7$16,116$5,014$11,102
Year 8$19,003$7,011$11,992
Year 9$22,063$9,052$13,011
Year 10$25,307$11,140$14,167
Year 11$28,746$13,279$15,467
Year 12$32,390$15,472$16,918
Year 13$36,254$17,724$18,529
Year 14$40,349$20,039$20,310
Year 15$44,690$22,422$22,268
Year 16$49,291$24,877$24,414
Year 17$54,169$27,411$26,758
Year 18$59,339$30,028$29,311
Year 19$64,819$32,735$32,084
Year 20$70,628$35,538$35,090
Year 21$76,786$38,445$38,341
Year 22$83,313$41,463$41,850
Year 23$90,232$44,600$45,632
Year 24$97,566$47,865$49,701
Year 25$105,340$51,266$54,074

Start Saving in Berkeley

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