How Much Can Solar Save in Elmwood Park?

Real numbers based on current ComEd rates and Illinois incentives.

$189

Current Bill/mo

$165

Est. Lease + Battery

26+ yrs

Years of Pure Profit

$68,054

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

$189

Annual Cost

$2,268

25-Year Cost (No Solar)

$124,433

Your Solar Investment

8.5 kW System

$23,375

$9,704

After All IL Incentives

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

Illinois Shines RECs (lump sum, ~18 mo)-$11,121

With vs Without Solar in Elmwood Park

Metric	Without Solar	With Solar
Monthly Cost	$189/mo	$141/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$22/mo
5-Year Cost	$12,247	$8,460
25-Year Cost	$124,433	$56,379
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

$68,054

Without Solar

With Solar

Year 1Profit Starts Here

$2,268

$2,010

Year 5

$12,785

-$752

Year 10

$29,894

$10,629

Year 15

$52,790

$23,476

Year 20

$83,430

$38,426

Year 25

$124,433

$56,379

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,268	$2,010	$258
Year 2	$4,672	-$7,072	$11,744
Year 3	$7,220	-$5,001	$12,221
Year 4	$9,922	-$2,895	$12,817
Year 5	$12,785	-$752	$13,537
Year 6	$15,820	$1,431	$14,389
Year 7	$19,037	$3,657	$15,380
Year 8	$22,447	$5,929	$16,518
Year 9	$26,062	$8,252	$17,810
Year 10	$29,894	$10,629	$19,265
Year 11	$33,956	$13,064	$20,892
Year 12	$38,261	$15,561	$22,700
Year 13	$42,825	$18,125	$24,699
Year 14	$47,662	$20,762	$26,901
Year 15	$52,790	$23,476	$29,314
Year 16	$58,225	$26,273	$31,952
Year 17	$63,987	$29,160	$34,827
Year 18	$70,094	$32,143	$37,951
Year 19	$76,568	$35,229	$41,339
Year 20	$83,430	$38,426	$45,004
Year 21	$90,704	$41,742	$48,961
Year 22	$98,414	$45,186	$53,228
Year 23	$106,587	$48,766	$57,820
Year 24	$115,250	$52,494	$62,756
Year 25	$124,433	$56,379	$68,054

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 Elmwood Park

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

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