How Much Can Solar Save in Chebanse?

Real numbers based on current ComEd rates and Illinois incentives.

$144
Current Bill/mo
$139
Est. Lease + Battery
6.6 yrs
Payback Period
$41,718
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

$144

Annual Cost

$1,728

25-Year Cost (No Solar)

$94,806

Your Solar Investment

7.5 kW System

$21,750

$10,959

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$8,541

With vs Without Solar in Chebanse

MetricWithout SolarWith Solar
Monthly Cost$144/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-13/mo
5-Year Cost$9,331$7,920
25-Year Cost$94,806$53,088
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

$41,718

Without Solar
With Solar
Year 1
$1,728
$1,881
Year 2Payback Year
$3,560
-$4,753
Year 5
$9,741
$1,142
Year 10
$22,776
$11,691
Year 15
$40,221
$23,481
Year 20
$63,566
$37,035
Year 25
$94,806
$53,088
YearWithout SolarWith SolarCumulative Savings
Year 1$1,728$1,881-$153
Year 2Payback$3,560-$4,753$8,313
Year 3$5,501-$2,818$8,320
Year 4$7,559-$854$8,414
Year 5$9,741$1,142$8,599
Year 6$12,053$3,172$8,881
Year 7$14,505$5,240$9,265
Year 8$17,103$7,347$9,756
Year 9$19,857$9,496$10,361
Year 10$22,776$11,691$11,085
Year 11$25,871$13,936$11,935
Year 12$29,151$16,233$12,918
Year 13$32,628$18,587$14,042
Year 14$36,314$21,001$15,313
Year 15$40,221$23,481$16,740
Year 16$44,362$26,031$18,331
Year 17$48,752$28,655$20,096
Year 18$53,405$31,360$22,045
Year 19$58,337$34,152$24,186
Year 20$63,566$37,035$26,530
Year 21$69,107$40,018$29,089
Year 22$74,982$43,107$31,875
Year 23$81,209$46,309$34,900
Year 24$87,809$49,633$38,176
Year 25$94,806$53,088$41,718

Start Saving in Chebanse

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