How Much Can Solar Save in Chadwick?
Real numbers based on current ComEd rates and Illinois incentives.
$123
Current Bill/mo
$132
Est. Lease + Battery
5.6 yrs
Payback Period
$41,260
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
$123
Annual Cost
$1,476
25-Year Cost (No Solar)
$80,980
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Chadwick
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $123/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,970 | $5,820 |
| 25-Year Cost | $80,980 | $39,720 |
| 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
$41,260
Without Solar
With Solar
Year 1Payback Year
$1,476
$1,379
Year 5
$8,320
$847
Year 10
$19,455
$8,634
Year 15
$34,355
$17,398
Year 20
$54,296
$27,562
Year 25
$80,980
$39,720
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,476 | $1,379 | $97 |
| Year 2 | $3,041 | -$3,485 | $6,526 |
| Year 3 | $4,699 | -$2,065 | $6,764 |
| Year 4 | $6,457 | -$622 | $7,078 |
| Year 5 | $8,320 | $847 | $7,474 |
| Year 6 | $10,296 | $2,342 | $7,954 |
| Year 7 | $12,389 | $3,866 | $8,524 |
| Year 8 | $14,609 | $5,421 | $9,188 |
| Year 9 | $16,961 | $7,009 | $9,952 |
| Year 10 | $19,455 | $8,634 | $10,821 |
| Year 11 | $22,098 | $10,297 | $11,801 |
| Year 12 | $24,900 | $12,002 | $12,898 |
| Year 13 | $27,870 | $13,751 | $14,119 |
| Year 14 | $31,018 | $15,549 | $15,470 |
| Year 15 | $34,355 | $17,398 | $16,958 |
| Year 16 | $37,893 | $19,302 | $18,590 |
| Year 17 | $41,642 | $21,266 | $20,376 |
| Year 18 | $45,617 | $23,295 | $22,322 |
| Year 19 | $49,830 | $25,391 | $24,438 |
| Year 20 | $54,296 | $27,562 | $26,734 |
| Year 21 | $59,029 | $29,811 | $29,218 |
| Year 22 | $64,047 | $32,145 | $31,902 |
| Year 23 | $69,366 | $34,570 | $34,796 |
| Year 24 | $75,004 | $37,093 | $37,911 |
| Year 25 | $80,980 | $39,720 | $41,260 |
Start Saving in Chadwick
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