How Much Can Solar Save in Davis?
Real numbers based on current ComEd rates and Illinois incentives.
$138
Current Bill/mo
$138
Est. Lease + Battery
6 yrs
Payback Period
$43,975
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
$138
Annual Cost
$1,656
25-Year Cost (No Solar)
$90,856
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 Davis
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $138/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$2/mo |
| 5-Year Cost | $8,942 | $6,840 |
| 25-Year Cost | $90,856 | $46,881 |
| 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
$43,975
Without Solar
With Solar
Year 1Payback Year
$1,656
$1,635
Year 5
$9,335
$1,026
Year 10
$21,827
$10,247
Year 15
$38,545
$20,605
Year 20
$60,917
$32,589
Year 25
$90,856
$46,880
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,656 | $1,635 | $21 |
| Year 2 | $3,411 | -$4,108 | $7,519 |
| Year 3 | $5,272 | -$2,424 | $7,696 |
| Year 4 | $7,244 | -$713 | $7,958 |
| Year 5 | $9,335 | $1,026 | $8,309 |
| Year 6 | $11,551 | $2,798 | $8,753 |
| Year 7 | $13,900 | $4,603 | $9,297 |
| Year 8 | $16,390 | $6,444 | $9,946 |
| Year 9 | $19,030 | $8,324 | $10,705 |
| Year 10 | $21,827 | $10,247 | $11,581 |
| Year 11 | $24,793 | $12,214 | $12,579 |
| Year 12 | $27,937 | $14,230 | $13,707 |
| Year 13 | $31,269 | $16,298 | $14,971 |
| Year 14 | $34,801 | $18,421 | $16,380 |
| Year 15 | $38,545 | $20,605 | $17,940 |
| Year 16 | $42,514 | $22,853 | $19,661 |
| Year 17 | $46,721 | $25,170 | $21,550 |
| Year 18 | $51,180 | $27,562 | $23,618 |
| Year 19 | $55,907 | $30,032 | $25,874 |
| Year 20 | $60,917 | $32,589 | $28,328 |
| Year 21 | $66,228 | $35,236 | $30,992 |
| Year 22 | $71,858 | $37,982 | $33,876 |
| Year 23 | $77,825 | $40,833 | $36,992 |
| Year 24 | $84,151 | $43,796 | $40,354 |
| Year 25 | $90,856 | $46,880 | $43,975 |
Start Saving in Davis
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