How Much Can Solar Save in Cicero?
Real numbers based on current ComEd rates and Illinois incentives.
$163
Current Bill/mo
$154
Est. Lease + Battery
5.3 yrs
Payback Period
$58,379
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
$163
Annual Cost
$1,956
25-Year Cost (No Solar)
$107,315
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Cicero
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $163/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$20/mo |
| 5-Year Cost | $10,562 | $7,380 |
| 25-Year Cost | $107,315 | $48,936 |
| 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
$58,379
Without Solar
With Solar
Year 1Payback Year
$1,956
$1,717
Year 5
$11,026
$871
Year 10
$25,782
$10,528
Year 15
$45,528
$21,370
Year 20
$71,953
$33,925
Year 25
$107,315
$48,936
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,956 | $1,717 | $239 |
| Year 2 | $4,029 | -$4,514 | $8,543 |
| Year 3 | $6,227 | -$2,747 | $8,974 |
| Year 4 | $8,557 | -$953 | $9,510 |
| Year 5 | $11,026 | $871 | $10,155 |
| Year 6 | $13,644 | $2,727 | $10,916 |
| Year 7 | $16,418 | $4,618 | $11,800 |
| Year 8 | $19,359 | $6,547 | $12,813 |
| Year 9 | $22,477 | $8,516 | $13,961 |
| Year 10 | $25,782 | $10,528 | $15,254 |
| Year 11 | $29,285 | $12,587 | $16,697 |
| Year 12 | $32,998 | $14,697 | $18,300 |
| Year 13 | $36,933 | $16,861 | $20,072 |
| Year 14 | $41,105 | $19,084 | $22,021 |
| Year 15 | $45,528 | $21,370 | $24,158 |
| Year 16 | $50,215 | $23,724 | $26,492 |
| Year 17 | $55,184 | $26,151 | $29,034 |
| Year 18 | $60,451 | $28,656 | $31,796 |
| Year 19 | $66,035 | $31,245 | $34,790 |
| Year 20 | $71,953 | $33,925 | $38,028 |
| Year 21 | $78,226 | $36,702 | $41,524 |
| Year 22 | $84,875 | $39,584 | $45,292 |
| Year 23 | $91,924 | $42,578 | $49,346 |
| Year 24 | $99,395 | $45,692 | $53,703 |
| Year 25 | $107,315 | $48,936 | $58,379 |
Start Saving in Cicero
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