How Much Can Solar Save in Franklin Grove?
Real numbers based on current ComEd rates and Illinois incentives.
$132
Current Bill/mo
$134
Est. Lease + Battery
5.9 yrs
Payback Period
$41,934
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
$132
Annual Cost
$1,584
25-Year Cost (No Solar)
$86,905
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Franklin Grove
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $132/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $8,554 | $6,300 |
| 25-Year Cost | $86,905 | $44,971 |
| 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
$41,934
Without Solar
With Solar
Year 1Payback Year
$1,584
$1,539
Year 5
$8,929
$1,113
Year 10
$20,878
$9,850
Year 15
$36,869
$19,720
Year 20
$58,268
$31,204
Year 25
$86,905
$44,972
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,584 | $1,539 | $45 |
| Year 2 | $3,263 | -$3,732 | $6,995 |
| Year 3 | $5,043 | -$2,145 | $7,188 |
| Year 4 | $6,929 | -$531 | $7,460 |
| Year 5 | $8,929 | $1,113 | $7,817 |
| Year 6 | $11,049 | $2,787 | $8,262 |
| Year 7 | $13,296 | $4,496 | $8,800 |
| Year 8 | $15,678 | $6,241 | $9,437 |
| Year 9 | $18,202 | $8,024 | $10,178 |
| Year 10 | $20,878 | $9,850 | $11,029 |
| Year 11 | $23,715 | $11,720 | $11,995 |
| Year 12 | $26,722 | $13,639 | $13,083 |
| Year 13 | $29,909 | $15,609 | $14,300 |
| Year 14 | $33,288 | $17,635 | $15,653 |
| Year 15 | $36,869 | $19,720 | $17,149 |
| Year 16 | $40,665 | $21,870 | $18,796 |
| Year 17 | $44,689 | $24,088 | $20,602 |
| Year 18 | $48,955 | $26,379 | $22,576 |
| Year 19 | $53,476 | $28,749 | $24,727 |
| Year 20 | $58,268 | $31,204 | $27,065 |
| Year 21 | $63,348 | $33,749 | $29,599 |
| Year 22 | $68,733 | $36,391 | $32,342 |
| Year 23 | $74,441 | $39,137 | $35,304 |
| Year 24 | $80,492 | $41,995 | $38,497 |
| Year 25 | $86,905 | $44,972 | $41,934 |
Start Saving in Franklin Grove
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