How Much Can Solar Save in Crete?
Real numbers based on current ComEd rates and Illinois incentives.
$156
Current Bill/mo
$148
Est. Lease + Battery
5.6 yrs
Payback Period
$52,865
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
$156
Annual Cost
$1,872
25-Year Cost (No Solar)
$102,706
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 Crete
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $156/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $10,109 | $7,380 |
| 25-Year Cost | $102,706 | $49,841 |
| 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
$52,865
Without Solar
With Solar
Year 1Payback Year
$1,872
$1,742
Year 5
$10,553
$1,001
Year 10
$24,674
$10,813
Year 15
$43,573
$21,835
Year 20
$68,863
$34,597
Year 25
$102,706
$49,841
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,872 | $1,742 | $130 |
| Year 2 | $3,856 | -$4,464 | $8,321 |
| Year 3 | $5,960 | -$2,672 | $8,631 |
| Year 4 | $8,189 | -$850 | $9,040 |
| Year 5 | $10,553 | $1,001 | $9,551 |
| Year 6 | $13,058 | $2,886 | $10,171 |
| Year 7 | $15,713 | $4,807 | $10,906 |
| Year 8 | $18,528 | $6,767 | $11,761 |
| Year 9 | $21,512 | $8,767 | $12,744 |
| Year 10 | $24,674 | $10,813 | $13,862 |
| Year 11 | $28,027 | $12,906 | $15,121 |
| Year 12 | $31,581 | $15,051 | $16,530 |
| Year 13 | $35,347 | $17,251 | $18,096 |
| Year 14 | $39,340 | $19,511 | $19,829 |
| Year 15 | $43,573 | $21,835 | $21,737 |
| Year 16 | $48,059 | $24,228 | $23,831 |
| Year 17 | $52,815 | $26,695 | $26,119 |
| Year 18 | $57,855 | $29,242 | $28,613 |
| Year 19 | $63,199 | $31,874 | $31,325 |
| Year 20 | $68,863 | $34,597 | $34,265 |
| Year 21 | $74,866 | $37,419 | $37,447 |
| Year 22 | $81,230 | $40,347 | $40,884 |
| Year 23 | $87,976 | $43,387 | $44,589 |
| Year 24 | $95,127 | $46,549 | $48,578 |
| Year 25 | $102,706 | $49,841 | $52,865 |
Start Saving in Crete
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