How Much Can Solar Save in Hampshire?
Real numbers based on current ComEd rates and Illinois incentives.
$187
Current Bill/mo
$164
Est. Lease + Battery
5.7 yrs
Payback Period
$62,768
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
$187
Annual Cost
$2,244
25-Year Cost (No Solar)
$123,116
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Hampshire
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $187/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $12,118 | $8,940 |
| 25-Year Cost | $123,116 | $60,348 |
| 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
$62,768
Without Solar
With Solar
Year 1Payback Year
$2,244
$2,114
Year 5
$12,650
$1,208
Year 10
$29,578
$13,105
Year 15
$52,231
$26,461
Year 20
$82,547
$41,911
Year 25
$123,116
$60,348
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,244 | $2,114 | $130 |
| Year 2 | $4,623 | -$5,423 | $10,046 |
| Year 3 | $7,144 | -$3,248 | $10,392 |
| Year 4 | $9,817 | -$1,039 | $10,855 |
| Year 5 | $12,650 | $1,208 | $11,442 |
| Year 6 | $15,653 | $3,495 | $12,158 |
| Year 7 | $18,836 | $5,824 | $13,012 |
| Year 8 | $22,210 | $8,200 | $14,010 |
| Year 9 | $25,787 | $10,626 | $15,161 |
| Year 10 | $29,578 | $13,105 | $16,472 |
| Year 11 | $33,596 | $15,643 | $17,954 |
| Year 12 | $37,856 | $18,242 | $19,614 |
| Year 13 | $42,372 | $20,908 | $21,463 |
| Year 14 | $47,158 | $23,646 | $23,512 |
| Year 15 | $52,231 | $26,461 | $25,770 |
| Year 16 | $57,609 | $29,360 | $28,250 |
| Year 17 | $63,310 | $32,347 | $30,963 |
| Year 18 | $69,352 | $35,430 | $33,922 |
| Year 19 | $75,757 | $38,615 | $37,142 |
| Year 20 | $82,547 | $41,911 | $40,635 |
| Year 21 | $89,744 | $45,326 | $44,418 |
| Year 22 | $97,372 | $48,867 | $48,506 |
| Year 23 | $105,459 | $52,544 | $52,915 |
| Year 24 | $114,030 | $56,368 | $57,663 |
| Year 25 | $123,116 | $60,348 | $62,768 |
Start Saving in Hampshire
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