How Much Can Solar Save in Geneva?
Real numbers based on current ComEd rates and Illinois incentives.
$213
Current Bill/mo
$175
Est. Lease + Battery
5.9 yrs
Payback Period
$68,005
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
$213
Annual Cost
$2,556
25-Year Cost (No Solar)
$140,234
Your Solar Investment
10 kW System
$29,000
$14,612
After All IL Incentives
DG Rebate ($300/kW)-$3,000
Illinois Shines RECs (lump sum, ~18 mo)-$11,388
With vs Without Solar in Geneva
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $213/mo | $176/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$3/mo |
| 5-Year Cost | $13,802 | $10,560 |
| 25-Year Cost | $140,234 | $72,229 |
| 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
$68,005
Without Solar
With Solar
Year 1Payback Year
$2,556
$2,517
Year 5
$14,408
$1,587
Year 10
$33,690
$15,785
Year 15
$59,493
$31,739
Year 20
$94,024
$50,203
Year 25
$140,234
$72,229
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,556 | $2,517 | $39 |
| Year 2 | $5,265 | -$6,317 | $11,583 |
| Year 3 | $8,137 | -$3,725 | $11,863 |
| Year 4 | $11,182 | -$1,091 | $12,273 |
| Year 5 | $14,408 | $1,587 | $12,821 |
| Year 6 | $17,829 | $4,315 | $13,514 |
| Year 7 | $21,455 | $7,094 | $14,361 |
| Year 8 | $25,298 | $9,929 | $15,369 |
| Year 9 | $29,372 | $12,825 | $16,547 |
| Year 10 | $33,690 | $15,785 | $17,905 |
| Year 11 | $38,268 | $18,815 | $19,453 |
| Year 12 | $43,120 | $21,920 | $21,200 |
| Year 13 | $48,263 | $25,105 | $23,158 |
| Year 14 | $53,715 | $28,376 | $25,339 |
| Year 15 | $59,493 | $31,739 | $27,754 |
| Year 16 | $65,619 | $35,203 | $30,416 |
| Year 17 | $72,112 | $38,772 | $33,340 |
| Year 18 | $78,995 | $42,457 | $36,538 |
| Year 19 | $86,291 | $46,264 | $40,027 |
| Year 20 | $94,024 | $50,203 | $43,821 |
| Year 21 | $102,221 | $54,283 | $47,939 |
| Year 22 | $110,911 | $58,514 | $52,397 |
| Year 23 | $120,121 | $62,907 | $57,214 |
| Year 24 | $129,885 | $67,475 | $62,410 |
| Year 25 | $140,234 | $72,229 | $68,005 |
Start Saving in Geneva
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