How Much Can Solar Save in Calumet Park?

Real numbers based on current ComEd rates and Illinois incentives.

$139
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$47,987
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

$139

Annual Cost

$1,668

25-Year Cost (No Solar)

$91,514

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 Park

MetricWithout SolarWith Solar
Monthly Cost$139/mo$105/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$14/mo
5-Year Cost$9,007$6,300
25-Year Cost$91,514$43,527
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

$47,987

Without Solar
With Solar
Year 1Payback Year
$1,668
$1,504
Year 5
$9,403
$923
Year 10
$21,986
$9,429
Year 15
$38,824
$19,019
Year 20
$61,358
$30,163
Year 25
$91,514
$43,527
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,668$1,504$164
Year 2$3,436-$3,804$7,240
Year 3$5,310-$2,254$7,564
Year 4$7,297-$679$7,976
Year 5$9,403$923$8,479
Year 6$11,635$2,555$9,080
Year 7$14,001$4,219$9,781
Year 8$16,509$5,918$10,591
Year 9$19,168$7,654$11,514
Year 10$21,986$9,429$12,557
Year 11$24,973$11,247$13,725
Year 12$28,139$13,112$15,027
Year 13$31,495$15,026$16,469
Year 14$35,053$16,994$18,059
Year 15$38,824$19,019$19,806
Year 16$42,822$21,105$21,717
Year 17$47,059$23,258$23,801
Year 18$51,551$25,481$26,069
Year 19$56,312$27,781$28,530
Year 20$61,358$30,163$31,195
Year 21$66,708$32,633$34,075
Year 22$72,378$35,197$37,181
Year 23$78,389$37,863$40,526
Year 24$84,760$40,637$44,124
Year 25$91,514$43,527$47,987

Start Saving in Calumet Park

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ComEd rates projected to rise again next year. Lock in savings now.