How Much Can Solar Save in Gurnee?
Real numbers based on current ComEd rates and Illinois incentives.
$190
Current Bill/mo
$167
Est. Lease + Battery
6.1 yrs
Payback Period
$61,653
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
$190
Annual Cost
$2,280
25-Year Cost (No Solar)
$125,091
Your Solar Investment
9.5 kW System
$27,550
$13,881
After All IL Incentives
DG Rebate ($300/kW)-$2,850
Illinois Shines RECs (lump sum, ~18 mo)-$10,819
With vs Without Solar in Gurnee
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $190/mo | $167/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-2/mo |
| 5-Year Cost | $12,312 | $10,020 |
| 25-Year Cost | $125,091 | $63,438 |
| 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
$61,653
Without Solar
With Solar
Year 1
$2,280
$2,301
Year 2Payback Year
$4,697
-$6,188
Year 5
$12,853
$995
Year 10
$30,052
$13,787
Year 15
$53,069
$27,998
Year 20
$83,871
$44,254
Year 25
$125,091
$63,438
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,280 | $2,301 | -$21 |
| Year 2Payback | $4,697 | -$6,188 | $10,885 |
| Year 3 | $7,259 | -$3,828 | $11,086 |
| Year 4 | $9,974 | -$1,434 | $11,408 |
| Year 5 | $12,853 | $995 | $11,857 |
| Year 6 | $15,904 | $3,464 | $12,440 |
| Year 7 | $19,138 | $5,973 | $13,165 |
| Year 8 | $22,566 | $8,528 | $14,038 |
| Year 9 | $26,200 | $11,132 | $15,069 |
| Year 10 | $30,052 | $13,787 | $16,265 |
| Year 11 | $34,135 | $16,499 | $17,637 |
| Year 12 | $38,463 | $19,271 | $19,193 |
| Year 13 | $43,051 | $22,108 | $20,943 |
| Year 14 | $47,914 | $25,015 | $22,899 |
| Year 15 | $53,069 | $27,998 | $25,071 |
| Year 16 | $58,533 | $31,062 | $27,472 |
| Year 17 | $64,325 | $34,212 | $30,113 |
| Year 18 | $70,465 | $37,457 | $33,008 |
| Year 19 | $76,973 | $40,802 | $36,171 |
| Year 20 | $83,871 | $44,254 | $39,617 |
| Year 21 | $91,183 | $47,823 | $43,360 |
| Year 22 | $98,934 | $51,516 | $47,418 |
| Year 23 | $107,150 | $55,343 | $51,807 |
| Year 24 | $115,860 | $59,314 | $56,546 |
| Year 25 | $125,091 | $63,438 | $61,653 |
Start Saving in Gurnee
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