How Much Can Solar Save in Cedar Point?
Real numbers based on current ComEd rates and Illinois incentives.
$124
Current Bill/mo
$132
Est. Lease + Battery
6 yrs
Payback Period
$40,062
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
$124
Annual Cost
$1,488
25-Year Cost (No Solar)
$81,638
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 Cedar Point
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $124/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $8,035 | $6,300 |
| 25-Year Cost | $81,638 | $41,576 |
| 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
$40,062
Without Solar
With Solar
Year 1Payback Year
$1,488
$1,479
Year 5
$8,388
$776
Year 10
$19,613
$9,057
Year 15
$34,635
$18,308
Year 20
$54,737
$28,950
Year 25
$81,638
$41,577
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,488 | $1,479 | $9 |
| Year 2 | $3,065 | -$3,855 | $6,920 |
| Year 3 | $4,737 | -$2,334 | $7,072 |
| Year 4 | $6,509 | -$791 | $7,301 |
| Year 5 | $8,388 | $776 | $7,612 |
| Year 6 | $10,379 | $2,371 | $8,009 |
| Year 7 | $12,490 | $3,994 | $8,496 |
| Year 8 | $14,727 | $5,647 | $9,080 |
| Year 9 | $17,099 | $7,334 | $9,765 |
| Year 10 | $19,613 | $9,057 | $10,556 |
| Year 11 | $22,278 | $10,818 | $11,460 |
| Year 12 | $25,102 | $12,620 | $12,482 |
| Year 13 | $28,097 | $14,467 | $13,629 |
| Year 14 | $31,270 | $16,362 | $14,909 |
| Year 15 | $34,635 | $18,308 | $16,327 |
| Year 16 | $38,201 | $20,309 | $17,892 |
| Year 17 | $41,981 | $22,369 | $19,612 |
| Year 18 | $45,988 | $24,493 | $21,495 |
| Year 19 | $50,235 | $26,685 | $23,550 |
| Year 20 | $54,737 | $28,950 | $25,787 |
| Year 21 | $59,509 | $31,294 | $28,215 |
| Year 22 | $64,568 | $33,722 | $30,846 |
| Year 23 | $69,930 | $36,241 | $33,689 |
| Year 24 | $75,614 | $38,857 | $36,757 |
| Year 25 | $81,638 | $41,577 | $40,062 |
Start Saving in Cedar Point
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