How Much Can Solar Save in Green Oaks?
Real numbers based on current ComEd rates and Illinois incentives.
$259
Current Bill/mo
$199
Est. Lease + Battery
5.9 yrs
Payback Period
$85,396
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 Green Oaks
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $259/mo | $202/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$17/mo |
| 5-Year Cost | $16,783 | $12,120 |
| 25-Year Cost | $170,519 | $85,123 |
| 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
$85,396
Without Solar
With Solar
Year 1Payback Year
$3,108
$2,903
Year 5
$17,520
$2,869
Year 10
$40,966
$19,300
Year 15
$72,342
$37,824
Year 20
$114,330
$59,343
Year 25
$170,519
$85,123
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $3,108 | $2,903 | $205 |
| Year 2 | $6,402 | -$6,258 | $12,661 |
| Year 3 | $9,895 | -$3,267 | $13,161 |
| Year 4 | $13,596 | -$225 | $13,822 |
| Year 5 | $17,520 | $2,869 | $14,651 |
| Year 6 | $21,679 | $6,022 | $15,657 |
| Year 7 | $26,088 | $9,236 | $16,852 |
| Year 8 | $30,761 | $12,517 | $18,244 |
| Year 9 | $35,715 | $15,870 | $19,845 |
| Year 10 | $40,966 | $19,300 | $21,666 |
| Year 11 | $46,532 | $22,812 | $23,719 |
| Year 12 | $52,432 | $26,414 | $26,017 |
| Year 13 | $58,686 | $30,112 | $28,574 |
| Year 14 | $65,315 | $33,913 | $31,402 |
| Year 15 | $72,342 | $37,824 | $34,518 |
| Year 16 | $79,790 | $41,854 | $37,937 |
| Year 17 | $87,686 | $46,011 | $41,675 |
| Year 18 | $96,055 | $50,304 | $45,750 |
| Year 19 | $104,926 | $54,745 | $50,181 |
| Year 20 | $114,330 | $59,343 | $54,987 |
| Year 21 | $124,297 | $64,110 | $60,188 |
| Year 22 | $134,863 | $69,058 | $65,806 |
| Year 23 | $146,063 | $74,200 | $71,863 |
| Year 24 | $157,935 | $79,550 | $78,385 |
| Year 25 | $170,519 | $85,123 | $85,396 |
Start Saving in Green Oaks
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