How Much Can Solar Save in Galena?

Real numbers based on current ComEd rates and Illinois incentives.

$149
Current Bill/mo
$145
Est. Lease + Battery
5.9 yrs
Payback Period
$49,009
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

$149

Annual Cost

$1,788

25-Year Cost (No Solar)

$98,098

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 Galena

MetricWithout SolarWith Solar
Monthly Cost$149/mo$123/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$5/mo
5-Year Cost$9,655$7,380
25-Year Cost$98,098$49,089
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$49,009

Without Solar
With Solar
Year 1Payback Year
$1,788
$1,733
Year 5
$10,079
$950
Year 10
$23,567
$10,679
Year 15
$41,617
$21,573
Year 20
$65,773
$34,139
Year 25
$98,098
$49,089
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,788$1,733$55
Year 2$3,683-$4,482$8,165
Year 3$5,692-$2,699$8,392
Year 4$7,822-$889$8,711
Year 5$10,079$950$9,129
Year 6$12,472$2,822$9,650
Year 7$15,008$4,727$10,281
Year 8$17,697$6,670$11,026
Year 9$20,546$8,653$11,893
Year 10$23,567$10,679$12,889
Year 11$26,769$12,750$14,019
Year 12$30,163$14,872$15,292
Year 13$33,761$17,047$16,715
Year 14$37,575$19,279$18,296
Year 15$41,617$21,573$20,045
Year 16$45,902$23,933$21,970
Year 17$50,445$26,364$24,081
Year 18$55,259$28,871$26,388
Year 19$60,363$31,461$28,902
Year 20$65,773$34,139$31,634
Year 21$71,507$36,911$34,596
Year 22$77,585$39,784$37,801
Year 23$84,029$42,766$41,262
Year 24$90,858$45,865$44,993
Year 25$98,098$49,089$49,009

Start Saving in Galena

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ComEd rates projected to rise again next year. Lock in savings now.