How Much Can Solar Save in Calumet City?
Real numbers based on current ComEd rates and Illinois incentives.
$134
Current Bill/mo
$137
Est. Lease + Battery
5.6 yrs
Payback Period
$45,227
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
$134
Annual Cost
$1,608
25-Year Cost (No Solar)
$88,222
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Calumet City
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $134/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $8,683 | $6,300 |
| 25-Year Cost | $88,222 | $42,995 |
| 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
$45,227
Without Solar
With Solar
Year 1Payback Year
$1,608
$1,498
Year 5
$9,064
$887
Year 10
$21,195
$9,335
Year 15
$37,428
$18,834
Year 20
$59,151
$29,840
Year 25
$88,222
$42,996
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,608 | $1,498 | $110 |
| Year 2 | $3,312 | -$3,816 | $7,128 |
| Year 3 | $5,119 | -$2,274 | $7,393 |
| Year 4 | $7,034 | -$707 | $7,741 |
| Year 5 | $9,064 | $887 | $8,177 |
| Year 6 | $11,216 | $2,510 | $8,706 |
| Year 7 | $13,497 | $4,163 | $9,334 |
| Year 8 | $15,915 | $5,850 | $10,065 |
| Year 9 | $18,478 | $7,573 | $10,905 |
| Year 10 | $21,195 | $9,335 | $11,860 |
| Year 11 | $24,074 | $11,138 | $12,936 |
| Year 12 | $27,127 | $12,986 | $14,141 |
| Year 13 | $30,362 | $14,882 | $15,480 |
| Year 14 | $33,792 | $16,830 | $16,962 |
| Year 15 | $37,428 | $18,834 | $18,594 |
| Year 16 | $41,281 | $20,897 | $20,385 |
| Year 17 | $45,366 | $23,024 | $22,342 |
| Year 18 | $49,696 | $25,220 | $24,476 |
| Year 19 | $54,286 | $27,491 | $26,796 |
| Year 20 | $59,151 | $29,840 | $29,311 |
| Year 21 | $64,308 | $32,275 | $32,034 |
| Year 22 | $69,775 | $34,801 | $34,974 |
| Year 23 | $75,569 | $37,425 | $38,145 |
| Year 24 | $81,711 | $40,154 | $41,558 |
| Year 25 | $88,222 | $42,996 | $45,227 |
Start Saving in Calumet City
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