How Much Can Solar Save in Forest View?
Real numbers based on current ComEd rates and Illinois incentives.
$171
Current Bill/mo
$156
Est. Lease + Battery
6.1 yrs
Payback Period
$54,413
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
$171
Annual Cost
$2,052
25-Year Cost (No Solar)
$112,582
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Forest View
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $171/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-3/mo |
| 5-Year Cost | $11,081 | $8,940 |
| 25-Year Cost | $112,582 | $58,169 |
| 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
$54,413
Without Solar
With Solar
Year 1
$2,052
$2,086
Year 2Payback Year
$4,227
-$5,482
Year 5
$11,567
$1,041
Year 10
$27,047
$12,684
Year 15
$47,762
$25,660
Year 20
$75,484
$40,550
Year 25
$112,582
$58,169
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,052 | $2,086 | -$34 |
| Year 2Payback | $4,227 | -$5,482 | $9,709 |
| Year 3 | $6,533 | -$3,340 | $9,873 |
| Year 4 | $8,977 | -$1,167 | $10,143 |
| Year 5 | $11,567 | $1,041 | $10,527 |
| Year 6 | $14,313 | $3,284 | $11,029 |
| Year 7 | $17,224 | $5,567 | $11,657 |
| Year 8 | $20,310 | $7,893 | $12,417 |
| Year 9 | $23,580 | $10,264 | $13,317 |
| Year 10 | $27,047 | $12,684 | $14,363 |
| Year 11 | $30,722 | $15,156 | $15,565 |
| Year 12 | $34,617 | $17,686 | $16,931 |
| Year 13 | $38,746 | $20,277 | $18,470 |
| Year 14 | $43,123 | $22,933 | $20,190 |
| Year 15 | $47,762 | $25,660 | $22,102 |
| Year 16 | $52,680 | $28,462 | $24,218 |
| Year 17 | $57,893 | $31,347 | $26,546 |
| Year 18 | $63,418 | $34,318 | $29,100 |
| Year 19 | $69,276 | $37,384 | $31,892 |
| Year 20 | $75,484 | $40,550 | $34,934 |
| Year 21 | $82,065 | $43,824 | $38,241 |
| Year 22 | $89,041 | $47,214 | $41,827 |
| Year 23 | $96,435 | $50,729 | $45,706 |
| Year 24 | $104,274 | $54,378 | $49,896 |
| Year 25 | $112,582 | $58,169 | $54,413 |
Start Saving in Forest View
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