How Much Can Solar Save in Genoa?
Real numbers based on current ComEd rates and Illinois incentives.
$152
Current Bill/mo
$146
Est. Lease + Battery
5.8 yrs
Payback Period
$50,189
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
$152
Annual Cost
$1,824
25-Year Cost (No Solar)
$100,073
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 Genoa
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $152/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$6/mo |
| 5-Year Cost | $9,850 | $7,380 |
| 25-Year Cost | $100,073 | $49,884 |
| 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
$50,189
Without Solar
With Solar
Year 1Payback Year
$1,824
$1,746
Year 5
$10,282
$1,024
Year 10
$24,042
$10,855
Year 15
$42,455
$21,892
Year 20
$67,097
$34,657
Year 25
$100,073
$49,884
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,824 | $1,746 | $78 |
| Year 2 | $3,757 | -$4,455 | $8,213 |
| Year 3 | $5,807 | -$2,658 | $8,465 |
| Year 4 | $7,979 | -$833 | $8,812 |
| Year 5 | $10,282 | $1,024 | $9,258 |
| Year 6 | $12,723 | $2,913 | $9,810 |
| Year 7 | $15,310 | $4,838 | $10,472 |
| Year 8 | $18,053 | $6,802 | $11,251 |
| Year 9 | $20,960 | $8,806 | $12,154 |
| Year 10 | $24,042 | $10,855 | $13,187 |
| Year 11 | $27,308 | $12,952 | $14,356 |
| Year 12 | $30,771 | $15,100 | $15,671 |
| Year 13 | $34,441 | $17,303 | $17,138 |
| Year 14 | $38,331 | $19,566 | $18,765 |
| Year 15 | $42,455 | $21,892 | $20,563 |
| Year 16 | $46,827 | $24,287 | $22,540 |
| Year 17 | $51,460 | $26,755 | $24,705 |
| Year 18 | $56,372 | $29,303 | $27,069 |
| Year 19 | $61,578 | $31,935 | $29,644 |
| Year 20 | $67,097 | $34,657 | $32,440 |
| Year 21 | $72,947 | $37,478 | $35,469 |
| Year 22 | $79,148 | $40,403 | $38,745 |
| Year 23 | $85,720 | $43,440 | $42,281 |
| Year 24 | $92,688 | $46,597 | $46,091 |
| Year 25 | $100,073 | $49,884 | $50,189 |
Start Saving in Genoa
Get a free, personalized solar analysis based on your actual ComEd bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
ComEd rates projected to rise again next year. Lock in savings now.