How Much Can Solar Save in Elburn?
Real numbers based on current ComEd rates and Illinois incentives.
$194
Current Bill/mo
$168
Est. Lease + Battery
5.2 yrs
Payback Period
$68,702
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
$194
Annual Cost
$2,328
25-Year Cost (No Solar)
$127,725
Your Solar Investment
8 kW System
$23,200
$11,690
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110
With vs Without Solar in Elburn
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $194/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$26/mo |
| 5-Year Cost | $12,571 | $8,400 |
| 25-Year Cost | $127,725 | $59,023 |
| 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
$68,702
Without Solar
With Solar
Year 1Payback Year
$2,328
$2,016
Year 5
$13,123
$1,301
Year 10
$30,685
$12,752
Year 15
$54,186
$25,708
Year 20
$85,637
$40,824
Year 25
$127,725
$59,022
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,328 | $2,016 | $312 |
| Year 2 | $4,796 | -$5,047 | $9,843 |
| Year 3 | $7,411 | -$2,967 | $10,379 |
| Year 4 | $10,184 | -$852 | $11,036 |
| Year 5 | $13,123 | $1,301 | $11,822 |
| Year 6 | $16,239 | $3,495 | $12,743 |
| Year 7 | $19,541 | $5,734 | $13,807 |
| Year 8 | $23,041 | $8,021 | $15,020 |
| Year 9 | $26,752 | $10,359 | $16,393 |
| Year 10 | $30,685 | $12,752 | $17,933 |
| Year 11 | $34,854 | $15,205 | $19,649 |
| Year 12 | $39,273 | $17,722 | $21,551 |
| Year 13 | $43,958 | $20,308 | $23,649 |
| Year 14 | $48,923 | $22,968 | $25,955 |
| Year 15 | $54,186 | $25,708 | $28,479 |
| Year 16 | $59,766 | $28,533 | $31,232 |
| Year 17 | $65,680 | $31,450 | $34,229 |
| Year 18 | $71,948 | $34,466 | $37,482 |
| Year 19 | $78,593 | $37,588 | $41,005 |
| Year 20 | $85,637 | $40,824 | $44,813 |
| Year 21 | $93,103 | $44,182 | $48,921 |
| Year 22 | $101,017 | $47,671 | $53,347 |
| Year 23 | $109,406 | $51,300 | $58,106 |
| Year 24 | $118,299 | $55,080 | $63,218 |
| Year 25 | $127,725 | $59,022 | $68,702 |
Start Saving in Elburn
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