How Much Can Solar Save in Channahon?
Real numbers based on current ComEd rates and Illinois incentives.
$182
Current Bill/mo
$160
Est. Lease + Battery
5.9 yrs
Payback Period
$58,621
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
$182
Annual Cost
$2,184
25-Year Cost (No Solar)
$119,824
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Channahon
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $182/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $11,794 | $8,940 |
| 25-Year Cost | $119,824 | $61,203 |
| 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
$58,621
Without Solar
With Solar
Year 1Payback Year
$2,184
$2,135
Year 5
$12,311
$1,324
Year 10
$28,787
$13,361
Year 15
$50,835
$26,885
Year 20
$80,340
$42,534
Year 25
$119,824
$61,203
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,184 | $2,135 | $49 |
| Year 2 | $4,499 | -$5,379 | $9,879 |
| Year 3 | $6,953 | -$3,181 | $10,134 |
| Year 4 | $9,554 | -$948 | $10,502 |
| Year 5 | $12,311 | $1,324 | $10,988 |
| Year 6 | $15,234 | $3,636 | $11,598 |
| Year 7 | $18,332 | $5,993 | $12,339 |
| Year 8 | $21,616 | $8,397 | $13,219 |
| Year 9 | $25,097 | $10,852 | $14,246 |
| Year 10 | $28,787 | $13,361 | $15,426 |
| Year 11 | $32,698 | $15,930 | $16,768 |
| Year 12 | $36,844 | $18,561 | $18,283 |
| Year 13 | $41,239 | $21,261 | $19,977 |
| Year 14 | $45,897 | $24,034 | $21,863 |
| Year 15 | $50,835 | $26,885 | $23,950 |
| Year 16 | $56,069 | $29,820 | $26,248 |
| Year 17 | $61,617 | $32,846 | $28,771 |
| Year 18 | $67,498 | $35,969 | $31,529 |
| Year 19 | $73,732 | $39,196 | $34,536 |
| Year 20 | $80,340 | $42,534 | $37,806 |
| Year 21 | $87,344 | $45,992 | $41,352 |
| Year 22 | $94,769 | $49,578 | $45,191 |
| Year 23 | $102,639 | $53,302 | $49,337 |
| Year 24 | $110,981 | $57,173 | $53,808 |
| Year 25 | $119,824 | $61,203 | $58,621 |
Start Saving in Channahon
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