How Much Can Solar Save in Ford Heights?
Real numbers based on current ComEd rates and Illinois incentives.
$110
Current Bill/mo
$123
Est. Lease + Battery
5.4 yrs
Payback Period
$36,522
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
$110
Annual Cost
$1,320
25-Year Cost (No Solar)
$72,421
Your Solar Investment
4.5 kW System
$13,050
$6,575
After All IL Incentives
DG Rebate ($300/kW)-$1,350
Illinois Shines RECs (lump sum, ~18 mo)-$5,125
With vs Without Solar in Ford Heights
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $110/mo | $79/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $7,128 | $4,740 |
| 25-Year Cost | $72,421 | $35,899 |
| 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
$36,522
Without Solar
With Solar
Year 1Payback Year
$1,320
$1,186
Year 5
$7,441
$1,023
Year 10
$17,399
$7,847
Year 15
$30,724
$15,637
Year 20
$48,557
$24,798
Year 25
$72,421
$35,900
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,320 | $1,186 | $134 |
| Year 2 | $2,719 | -$2,732 | $5,451 |
| Year 3 | $4,202 | -$1,504 | $5,707 |
| Year 4 | $5,774 | -$253 | $6,028 |
| Year 5 | $7,441 | $1,023 | $6,418 |
| Year 6 | $9,207 | $2,326 | $6,882 |
| Year 7 | $11,080 | $3,657 | $7,422 |
| Year 8 | $13,065 | $5,020 | $8,045 |
| Year 9 | $15,169 | $6,416 | $8,753 |
| Year 10 | $17,399 | $7,847 | $9,552 |
| Year 11 | $19,763 | $9,317 | $10,446 |
| Year 12 | $22,268 | $10,827 | $11,441 |
| Year 13 | $24,924 | $12,382 | $12,542 |
| Year 14 | $27,740 | $13,984 | $13,756 |
| Year 15 | $30,724 | $15,637 | $15,088 |
| Year 16 | $33,888 | $17,344 | $16,544 |
| Year 17 | $37,241 | $19,109 | $18,132 |
| Year 18 | $40,795 | $20,937 | $19,859 |
| Year 19 | $44,563 | $22,832 | $21,731 |
| Year 20 | $48,557 | $24,798 | $23,759 |
| Year 21 | $52,790 | $26,842 | $25,949 |
| Year 22 | $57,278 | $28,968 | $28,310 |
| Year 23 | $62,034 | $31,182 | $30,853 |
| Year 24 | $67,077 | $33,490 | $33,587 |
| Year 25 | $72,421 | $35,900 | $36,522 |
Start Saving in Ford Heights
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