How Much Can Solar Save in Franklin Park?

Real numbers based on current ComEd rates and Illinois incentives.

$170

Current Bill/mo

$128

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$59,609

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

$170

Annual Cost

$2,040

25-Year Cost (No Solar)

$111,924

What Solar Savings Look Like in Franklin Park

The prevalence of single-family homes (71.7%) and a high homeownership rate (73.4%) in Franklin Park presents a suitable market for residential solar. The median home age of around 1945, with 84.3% built before 1980, suggests a mature housing stock that may require roof assessments. The small city/suburban neighborhood type likely features varied lot sizes and potential tree cover.

Your Solar Investment

7.5 kW System

$20,625

$8,621

After All IL Incentives

DG Rebate ($300/kW)-$2,250

Illinois Shines RECs (lump sum, ~18 mo)-$9,754

With vs Without Solar in Franklin Park

Metric	Without Solar	With Solar
Monthly Cost	$170/mo	$124/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$18/mo
5-Year Cost	$11,016	$7,440
25-Year Cost	$111,924	$52,315
Rate Control	None — utility sets rates	As low as $0.10/kWh, fixed for 15 years
Home Value Impact	None	+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$59,609

Without Solar

With Solar

Year 1Profit Starts Here

$2,040

$1,819

Year 5

$11,500

-$345

Year 10

$26,889

$10,045

Year 15

$47,483

$21,843

Year 20

$75,043

$35,652

Year 25

$111,924

$52,315

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,040	$1,819	$221
Year 2	$4,202	-$6,086	$10,289
Year 3	$6,495	-$4,207	$10,701
Year 4	$8,924	-$2,294	$11,218
Year 5	$11,500	-$345	$11,844
Year 6	$14,230	$1,643	$12,587
Year 7	$17,123	$3,673	$13,451
Year 8	$20,191	$5,747	$14,444
Year 9	$23,442	$7,870	$15,572
Year 10	$26,889	$10,045	$16,844
Year 11	$30,542	$12,275	$18,267
Year 12	$34,415	$14,566	$19,849
Year 13	$38,520	$16,921	$21,599
Year 14	$42,871	$19,345	$23,526
Year 15	$47,483	$21,843	$25,640
Year 16	$52,372	$24,421	$27,951
Year 17	$57,554	$27,084	$30,470
Year 18	$63,048	$29,839	$33,208
Year 19	$68,870	$32,693	$36,178
Year 20	$75,043	$35,652	$39,391
Year 21	$81,585	$38,724	$42,861
Year 22	$88,520	$41,917	$46,603
Year 23	$95,871	$45,240	$50,631
Year 24	$103,664	$48,703	$54,961
Year 25	$111,924	$52,315	$59,609

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 as low as $0.10/kWh plus battery backup 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 Franklin Park

City Solar GuideOverview, tools & nearby installers Solar FAQCommon questions answered

Statewide Solar Guides That Apply in Franklin Park

Local solar numbers depend on your utility, Illinois incentive rules, and state program eligibility.

ComEd rate guideCurrent ComEd rates and solar comparison Illinois Shines REC guideState REC incentives available in Franklin Park Illinois Solar for AllNo-cost solar options for income-qualified homes Illinois REC calculatorEstimate REC value by system size and utility

Also Serving Near Franklin Park

We provide solar consulting to homeowners throughout Illinois

NorthlakeComEd Schiller ParkComEd Stone ParkComEd River GroveComEd Melrose ParkComEd BerkeleyComEd RosemontComEd NorridgeComEd BellwoodComEd ChicagoComEd AuroraComEd JolietComEd

View all Illinois cities →

Start Saving in Franklin Park

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