How Much Can Solar Save in Elizabeth?
Real numbers based on current ComEd rates and Illinois incentives.
$130
Current Bill/mo
$135
Est. Lease + Battery
5.4 yrs
Payback Period
$44,739
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
$130
Annual Cost
$1,560
25-Year Cost (No Solar)
$85,589
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Elizabeth
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $130/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $8,424 | $5,820 |
| 25-Year Cost | $85,589 | $40,850 |
| 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
$44,739
Without Solar
With Solar
Year 1Payback Year
$1,560
$1,395
Year 5
$8,794
$939
Year 10
$20,562
$8,863
Year 15
$36,311
$17,826
Year 20
$57,386
$28,278
Year 25
$85,589
$40,850
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,560 | $1,395 | $165 |
| Year 2 | $3,214 | -$3,452 | $6,666 |
| Year 3 | $4,966 | -$2,014 | $6,980 |
| Year 4 | $6,824 | -$550 | $7,375 |
| Year 5 | $8,794 | $939 | $7,854 |
| Year 6 | $10,881 | $2,458 | $8,424 |
| Year 7 | $13,094 | $4,007 | $9,088 |
| Year 8 | $15,440 | $5,589 | $9,851 |
| Year 9 | $17,926 | $7,207 | $10,720 |
| Year 10 | $20,562 | $8,863 | $11,699 |
| Year 11 | $23,356 | $10,560 | $12,796 |
| Year 12 | $26,317 | $12,302 | $14,015 |
| Year 13 | $29,456 | $14,091 | $15,365 |
| Year 14 | $32,784 | $15,931 | $16,852 |
| Year 15 | $36,311 | $17,826 | $18,484 |
| Year 16 | $40,049 | $19,780 | $20,269 |
| Year 17 | $44,012 | $21,798 | $22,214 |
| Year 18 | $48,213 | $23,883 | $24,330 |
| Year 19 | $52,666 | $26,042 | $26,624 |
| Year 20 | $57,386 | $28,278 | $29,107 |
| Year 21 | $62,389 | $30,599 | $31,790 |
| Year 22 | $67,692 | $33,010 | $34,682 |
| Year 23 | $73,313 | $35,517 | $37,796 |
| Year 24 | $79,272 | $38,128 | $41,144 |
| Year 25 | $85,589 | $40,850 | $44,739 |
Start Saving in Elizabeth
Get a free, personalized solar analysis based on your actual ComEd bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
ComEd rates projected to rise again next year. Lock in savings now.