How Much Can Solar Save in Cherry Valley?
Real numbers based on current ComEd rates and Illinois incentives.
$159
Current Bill/mo
$149
Est. Lease + Battery
7.2 yrs
Payback Period
$43,096
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
$159
Annual Cost
$1,908
25-Year Cost (No Solar)
$104,681
Your Solar Investment
9.5 kW System
$27,550
$13,881
After All IL Incentives
DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$10,819
With vs Without Solar in Cherry Valley
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $159/mo | $167/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-32/mo |
| 5-Year Cost | $10,303 | $10,020 |
| 25-Year Cost | $104,681 | $61,585 |
| 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
$43,096
Without Solar
With Solar
Year 1
$1,908
$2,293
Year 2Payback Year
$3,930
-$6,206
Year 5
$10,756
$930
Year 10
$25,149
$13,568
Year 15
$44,411
$27,484
Year 20
$70,187
$43,232
Year 25
$104,681
$61,585
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,908 | $2,293 | -$385 |
| Year 2Payback | $3,930 | -$6,206 | $10,136 |
| Year 3 | $6,074 | -$3,858 | $9,933 |
| Year 4 | $8,347 | -$1,480 | $9,827 |
| Year 5 | $10,756 | $930 | $9,825 |
| Year 6 | $13,309 | $3,376 | $9,933 |
| Year 7 | $16,015 | $5,860 | $10,156 |
| Year 8 | $18,884 | $8,384 | $10,500 |
| Year 9 | $21,925 | $10,952 | $10,973 |
| Year 10 | $25,149 | $13,568 | $11,581 |
| Year 11 | $28,566 | $16,234 | $12,332 |
| Year 12 | $32,188 | $18,954 | $13,234 |
| Year 13 | $36,027 | $21,733 | $14,294 |
| Year 14 | $40,097 | $24,575 | $15,522 |
| Year 15 | $44,411 | $27,484 | $16,926 |
| Year 16 | $48,983 | $30,466 | $18,517 |
| Year 17 | $53,830 | $33,526 | $20,304 |
| Year 18 | $58,968 | $36,670 | $22,298 |
| Year 19 | $64,414 | $39,903 | $24,511 |
| Year 20 | $70,187 | $43,232 | $26,955 |
| Year 21 | $76,306 | $46,665 | $29,641 |
| Year 22 | $82,792 | $50,208 | $32,584 |
| Year 23 | $89,668 | $53,870 | $35,798 |
| Year 24 | $96,956 | $57,660 | $39,297 |
| Year 25 | $104,681 | $61,585 | $43,096 |
Start Saving in Cherry Valley
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