How Much Can Solar Save in Elk Grove Village?

Real numbers based on current ComEd rates and Illinois incentives.

$193

Current Bill/mo

$168

Est. Lease + Battery

26+ yrs

Years of Pure Profit

$71,462

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

$193

Annual Cost

$2,316

25-Year Cost (No Solar)

$127,066

Your Solar Investment

8.5 kW System

$23,375

$9,365

After All IL Incentives

DG Rebate ($300/kW)-$2,550

Illinois Shines RECs (lump sum, ~18 mo)-$11,460

With vs Without Solar in Elk Grove Village

Metric	Without Solar	With Solar
Monthly Cost	$193/mo	$141/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$27/mo
5-Year Cost	$12,506	$8,460
25-Year Cost	$127,066	$55,604
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

$71,462

Without Solar

With Solar

Year 1Profit Starts Here

$2,316

$1,997

Year 5

$13,056

-$1,157

Year 10

$30,527

$10,148

Year 15

$53,907

$22,907

Year 20

$85,195

$37,759

Year 25

$127,066

$55,605

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,316	$1,997	$319
Year 2	$4,771	-$7,436	$12,207
Year 3	$7,373	-$5,378	$12,751
Year 4	$10,132	-$3,286	$13,417
Year 5	$13,056	-$1,157	$14,212
Year 6	$16,155	$1,012	$15,143
Year 7	$19,440	$3,223	$16,217
Year 8	$22,923	$5,481	$17,442
Year 9	$26,614	$7,788	$18,826
Year 10	$30,527	$10,148	$20,379
Year 11	$34,674	$12,566	$22,108
Year 12	$39,071	$15,046	$24,024
Year 13	$43,731	$17,593	$26,138
Year 14	$48,671	$20,211	$28,459
Year 15	$53,907	$22,907	$31,000
Year 16	$59,458	$25,685	$33,772
Year 17	$65,341	$28,553	$36,788
Year 18	$71,577	$31,516	$40,061
Year 19	$78,188	$34,582	$43,606
Year 20	$85,195	$37,759	$47,436
Year 21	$92,623	$41,054	$51,569
Year 22	$100,497	$44,477	$56,020
Year 23	$108,842	$48,036	$60,807
Year 24	$117,689	$51,742	$65,947
Year 25	$127,066	$55,605	$71,462

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Elk Grove Village

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Elk Grove Village

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, competitive cash pricing, or Solar for All — your choice

Get Your $0 Down Quote

ComEd rates projected to rise again next year. Lock in savings now.

Or call (618) 217-2001|Info@ltdsolarconsulting.com