How Much Can Solar Save in Fox Lake?
Real numbers based on current ComEd rates and Illinois incentives.
$160
Current Bill/mo
$149
Est. Lease + Battery
5.5 yrs
Payback Period
$53,968
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
$160
Annual Cost
$1,920
25-Year Cost (No Solar)
$105,340
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Fox Lake
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $160/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$13/mo |
| 5-Year Cost | $10,368 | $7,380 |
| 25-Year Cost | $105,340 | $51,372 |
| 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
$53,968
Without Solar
With Solar
Year 1Payback Year
$1,920
$1,768
Year 5
$10,823
$1,151
Year 10
$25,307
$11,167
Year 15
$44,690
$22,468
Year 20
$70,628
$35,610
Year 25
$105,340
$51,372
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,920 | $1,768 | $152 |
| Year 2 | $3,955 | -$4,410 | $8,365 |
| Year 3 | $6,113 | -$2,587 | $8,700 |
| Year 4 | $8,399 | -$735 | $9,134 |
| Year 5 | $10,823 | $1,151 | $9,672 |
| Year 6 | $13,393 | $3,072 | $10,320 |
| Year 7 | $16,116 | $5,031 | $11,085 |
| Year 8 | $19,003 | $7,031 | $11,972 |
| Year 9 | $22,063 | $9,075 | $12,988 |
| Year 10 | $25,307 | $11,167 | $14,140 |
| Year 11 | $28,746 | $13,309 | $15,436 |
| Year 12 | $32,390 | $15,506 | $16,884 |
| Year 13 | $36,254 | $17,762 | $18,492 |
| Year 14 | $40,349 | $20,081 | $20,268 |
| Year 15 | $44,690 | $22,468 | $22,222 |
| Year 16 | $49,291 | $24,928 | $24,363 |
| Year 17 | $54,169 | $27,466 | $26,702 |
| Year 18 | $59,339 | $30,089 | $29,250 |
| Year 19 | $64,819 | $32,801 | $32,018 |
| Year 20 | $70,628 | $35,610 | $35,018 |
| Year 21 | $76,786 | $38,523 | $38,263 |
| Year 22 | $83,313 | $41,548 | $41,766 |
| Year 23 | $90,232 | $44,691 | $45,541 |
| Year 24 | $97,566 | $47,963 | $49,603 |
| Year 25 | $105,340 | $51,372 | $53,968 |
Start Saving in Fox Lake
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