How Much Can Solar Save in Glencoe?
Real numbers based on current ComEd rates and Illinois incentives.
$259
Current Bill/mo
$198
Est. Lease + Battery
5.9 yrs
Payback Period
$84,598
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
$259
Annual Cost
$3,108
25-Year Cost (No Solar)
$170,519
Your Solar Investment
11.5 kW System
$33,350
$17,793
After All IL Incentives
DG Rebate ($300/kW)-$3,450
Illinois Shines RECs (lump sum, ~18 mo)-$12,107
With vs Without Solar in Glencoe
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $259/mo | $202/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$16/mo |
| 5-Year Cost | $16,783 | $12,120 |
| 25-Year Cost | $170,519 | $85,921 |
| 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
$84,598
Without Solar
With Solar
Year 1Payback Year
$3,108
$2,919
Year 5
$17,520
$2,957
Year 10
$40,966
$19,501
Year 15
$72,342
$38,174
Year 20
$114,330
$59,888
Year 25
$170,519
$85,921
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $3,108 | $2,919 | $189 |
| Year 2 | $6,402 | -$6,226 | $12,629 |
| Year 3 | $9,895 | -$3,217 | $13,112 |
| Year 4 | $13,596 | -$157 | $13,754 |
| Year 5 | $17,520 | $2,957 | $14,563 |
| Year 6 | $21,679 | $6,130 | $15,550 |
| Year 7 | $26,088 | $9,366 | $16,722 |
| Year 8 | $30,761 | $12,669 | $18,092 |
| Year 9 | $35,715 | $16,046 | $19,669 |
| Year 10 | $40,966 | $19,501 | $21,465 |
| Year 11 | $46,532 | $23,041 | $23,491 |
| Year 12 | $52,432 | $26,671 | $25,761 |
| Year 13 | $58,686 | $30,398 | $28,287 |
| Year 14 | $65,315 | $34,230 | $31,085 |
| Year 15 | $72,342 | $38,174 | $34,167 |
| Year 16 | $79,790 | $42,239 | $37,551 |
| Year 17 | $87,686 | $46,433 | $41,253 |
| Year 18 | $96,055 | $50,765 | $45,289 |
| Year 19 | $104,926 | $55,247 | $49,679 |
| Year 20 | $114,330 | $59,888 | $54,442 |
| Year 21 | $124,297 | $64,700 | $59,597 |
| Year 22 | $134,863 | $69,696 | $65,167 |
| Year 23 | $146,063 | $74,889 | $71,175 |
| Year 24 | $157,935 | $80,292 | $77,643 |
| Year 25 | $170,519 | $85,921 | $84,598 |
Start Saving in Glencoe
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