How Much Can Solar Save in Greenwood?

Real numbers based on current ComEd rates and Illinois incentives.

$211

Current Bill/mo

$176

Est. Lease + Battery

24+ yrs

Years of Pure Profit

$65,982

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

$211

Annual Cost

$2,532

25-Year Cost (No Solar)

$138,917

Your Solar Investment

11.5 kW System

$31,625

$16,004

After All IL Incentives

DG Rebate ($300/kW)-$3,450

Illinois Shines RECs (lump sum, ~18 mo)-$12,171

With vs Without Solar in Greenwood

Metric	Without Solar	With Solar
Monthly Cost	$211/mo	$190/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	$-9/mo
5-Year Cost	$13,673	$11,400
25-Year Cost	$138,917	$72,935
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

$65,982

Without Solar

With Solar

Year 1

$2,532

$2,638

Year 2Profit Starts Here

$5,216

-$6,862

Year 5

$14,273

$1,375

Year 10

$33,374

$16,044

Year 15

$58,935

$32,339

Year 20

$93,141

$50,970

Year 25

$138,917

$72,935

Year	Without Solar	With Solar	Cumulative Savings
Year 1	$2,532	$2,638	-$106
Year 2Profit Starts	$5,216	-$6,862	$12,078
Year 3	$8,061	-$4,156	$12,216
Year 4	$11,077	-$1,411	$12,487
Year 5	$14,273	$1,375	$12,898
Year 6	$17,662	$4,205	$13,456
Year 7	$21,253	$7,084	$14,170
Year 8	$25,060	$10,013	$15,047
Year 9	$29,096	$12,999	$16,097
Year 10	$33,374	$16,044	$17,330
Year 11	$37,908	$19,154	$18,754
Year 12	$42,715	$22,333	$20,382
Year 13	$47,810	$25,586	$22,224
Year 14	$53,210	$28,919	$24,291
Year 15	$58,935	$32,339	$26,596
Year 16	$65,003	$35,851	$29,152
Year 17	$71,435	$39,463	$31,972
Year 18	$78,253	$43,181	$35,072
Year 19	$85,480	$47,014	$38,467
Year 20	$93,141	$50,970	$42,172
Year 21	$101,262	$55,058	$46,204
Year 22	$109,869	$59,288	$50,582
Year 23	$118,993	$63,669	$55,324
Year 24	$128,665	$68,215	$60,450
Year 25	$138,917	$72,935	$65,982

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Greenwood

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Greenwood

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Or call (618) 217-2001|Info@ltdsolarconsulting.com