How Much Can Solar Save in Essex?

Real numbers based on current ComEd rates and Illinois incentives.

$161

Current Bill/mo

$151

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$56,951

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

$161

Annual Cost

$1,932

25-Year Cost (No Solar)

$105,998

Your Solar Investment

7.5 kW System

$20,625

$8,892

After All IL Incentives

DG Rebate ($300/kW)-$2,250

Illinois Shines RECs (lump sum, ~18 mo)-$9,483

With vs Without Solar in Essex

Metric	Without Solar	With Solar
Monthly Cost	$161/mo	$124/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$14/mo
5-Year Cost	$10,433	$7,440
25-Year Cost	$105,998	$49,047
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

$56,951

Without Solar

With Solar

Year 1Profit Starts Here

$1,932

$1,758

Year 5

$10,891

-$421

Year 10

$25,465

$9,495

Year 15

$44,969

$20,648

Year 20

$71,070

$33,578

Year 25

$105,998

$49,047

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$1,932	$1,758	$174
Year 2	$3,980	-$5,941	$9,921
Year 3	$6,151	-$4,131	$10,282
Year 4	$8,452	-$2,292	$10,744
Year 5	$10,891	-$421	$11,312
Year 6	$13,476	$1,483	$11,993
Year 7	$16,217	$3,424	$12,793
Year 8	$19,122	$5,404	$13,718
Year 9	$22,201	$7,427	$14,775
Year 10	$25,465	$9,495	$15,971
Year 11	$28,925	$11,612	$17,314
Year 12	$32,593	$13,781	$18,812
Year 13	$36,480	$16,008	$20,473
Year 14	$40,601	$18,295	$22,306
Year 15	$44,969	$20,648	$24,322
Year 16	$49,599	$23,071	$26,529
Year 17	$54,507	$25,570	$28,938
Year 18	$59,710	$28,150	$31,560
Year 19	$65,224	$30,817	$34,407
Year 20	$71,070	$33,578	$37,492
Year 21	$77,266	$36,440	$40,826
Year 22	$83,834	$39,409	$44,425
Year 23	$90,796	$42,494	$48,302
Year 24	$98,176	$45,704	$52,472
Year 25	$105,998	$49,047	$56,951

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 Essex

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

Start Saving in Essex

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