How Much Can Solar Save in Evanston?

Real numbers based on current ComEd rates and Illinois incentives.

$231

Current Bill/mo

$187

Est. Lease + Battery

24+ yrs

Years of Pure Profit

$75,216

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

$231

Annual Cost

$2,772

25-Year Cost (No Solar)

$152,084

Your Solar Investment

12 kW System

$33,000

$16,034

After All IL Incentives

DG Rebate ($300/kW)-$3,600

Illinois Shines RECs (lump sum, ~18 mo)-$13,366

With vs Without Solar in Evanston

Metric	Without Solar	With Solar
Monthly Cost	$231/mo	$199/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$0/mo
5-Year Cost	$14,969	$11,940
25-Year Cost	$152,084	$76,868
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

$75,216

Without Solar

With Solar

Year 1Profit Starts Here

$2,772

$2,771

Year 5

$15,626

$877

Year 10

$36,537

$16,350

Year 15

$64,521

$33,601

Year 20

$101,970

$53,410

Year 25

$152,084

$76,868

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,772	$2,771	$1
Year 2	$5,710	-$7,788	$13,499
Year 3	$8,825	-$4,943	$13,768
Year 4	$12,126	-$2,055	$14,182
Year 5	$15,626	$877	$14,749
Year 6	$19,336	$3,858	$15,477
Year 7	$23,268	$6,892	$16,376
Year 8	$27,436	$9,982	$17,454
Year 9	$31,854	$13,133	$18,721
Year 10	$36,537	$16,350	$20,188
Year 11	$41,501	$19,637	$21,865
Year 12	$46,763	$22,999	$23,764
Year 13	$52,341	$26,443	$25,898
Year 14	$58,254	$29,975	$28,278
Year 15	$64,521	$33,601	$30,920
Year 16	$71,164	$37,329	$33,835
Year 17	$78,206	$41,165	$37,041
Year 18	$85,670	$45,118	$40,553
Year 19	$93,583	$49,196	$44,386
Year 20	$101,970	$53,410	$48,560
Year 21	$110,860	$57,768	$53,092
Year 22	$120,283	$62,281	$58,003
Year 23	$130,272	$66,960	$63,312
Year 24	$140,861	$71,818	$69,043
Year 25	$152,084	$76,868	$75,216

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 Evanston

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

Start Saving in Evanston

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