How Much Can Solar Save in Danforth?
Real numbers based on current ComEd rates and Illinois incentives.
$132
Current Bill/mo
$135
Est. Lease + Battery
6.1 yrs
Payback Period
$41,438
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
$132
Annual Cost
$1,584
25-Year Cost (No Solar)
$86,905
Your Solar Investment
6.5 kW System
$18,850
$9,498
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$7,402
With vs Without Solar in Danforth
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $132/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-2/mo |
| 5-Year Cost | $8,554 | $6,840 |
| 25-Year Cost | $86,905 | $45,467 |
| 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
$41,438
Without Solar
With Solar
Year 1
$1,584
$1,613
Year 2Payback Year
$3,263
-$4,154
Year 5
$8,929
$898
Year 10
$20,878
$9,938
Year 15
$36,869
$20,043
Year 20
$58,268
$31,671
Year 25
$86,905
$45,467
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,584 | $1,613 | -$29 |
| Year 2Payback | $3,263 | -$4,154 | $7,417 |
| Year 3 | $5,043 | -$2,496 | $7,539 |
| Year 4 | $6,929 | -$812 | $7,742 |
| Year 5 | $8,929 | $898 | $8,031 |
| Year 6 | $11,049 | $2,638 | $8,411 |
| Year 7 | $13,296 | $4,410 | $8,886 |
| Year 8 | $15,678 | $6,215 | $9,462 |
| Year 9 | $18,202 | $8,057 | $10,145 |
| Year 10 | $20,878 | $9,938 | $10,940 |
| Year 11 | $23,715 | $11,861 | $11,854 |
| Year 12 | $26,722 | $13,830 | $12,892 |
| Year 13 | $29,909 | $15,847 | $14,062 |
| Year 14 | $33,288 | $17,917 | $15,371 |
| Year 15 | $36,869 | $20,043 | $16,826 |
| Year 16 | $40,665 | $22,229 | $18,436 |
| Year 17 | $44,689 | $24,480 | $20,209 |
| Year 18 | $48,955 | $26,801 | $22,154 |
| Year 19 | $53,476 | $29,196 | $24,280 |
| Year 20 | $58,268 | $31,671 | $26,597 |
| Year 21 | $63,348 | $34,232 | $29,116 |
| Year 22 | $68,733 | $36,886 | $31,848 |
| Year 23 | $74,441 | $39,638 | $34,804 |
| Year 24 | $80,492 | $42,496 | $37,996 |
| Year 25 | $86,905 | $45,467 | $41,438 |
Start Saving in Danforth
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