How Much Can Solar Save in Hennepin?

Real numbers based on current ComEd rates and Illinois incentives.

$145
Current Bill/mo
$144
Est. Lease + Battery
6.2 yrs
Payback Period
$46,296
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

$145

Annual Cost

$1,740

25-Year Cost (No Solar)

$95,464

Your Solar Investment

7.5 kW System

$21,750

$10,959

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$8,541

With vs Without Solar in Hennepin

MetricWithout SolarWith Solar
Monthly Cost$145/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-5/mo
5-Year Cost$9,396$7,920
25-Year Cost$95,464$49,168
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$46,296

Without Solar
With Solar
Year 1
$1,740
$1,803
Year 2Payback Year
$3,584
-$4,913
Year 5
$9,809
$708
Year 10
$22,935
$10,694
Year 15
$40,500
$21,751
Year 20
$64,007
$34,353
Year 25
$95,464
$49,168
YearWithout SolarWith SolarCumulative Savings
Year 1$1,740$1,803-$63
Year 2Payback$3,584-$4,913$8,497
Year 3$5,539-$3,065$8,604
Year 4$7,612-$1,192$8,804
Year 5$9,809$708$9,100
Year 6$12,137$2,637$9,500
Year 7$14,605$4,598$10,007
Year 8$17,222$6,592$10,629
Year 9$19,995$8,624$11,371
Year 10$22,935$10,694$12,241
Year 11$26,051$12,807$13,244
Year 12$29,354$14,965$14,388
Year 13$32,855$17,173$15,682
Year 14$36,566$19,433$17,133
Year 15$40,500$21,751$18,749
Year 16$44,670$24,130$20,541
Year 17$49,090$26,574$22,516
Year 18$53,776$29,089$24,687
Year 19$58,742$31,680$27,062
Year 20$64,007$34,353$29,654
Year 21$69,587$37,113$32,474
Year 22$75,503$39,968$35,535
Year 23$81,773$42,923$38,849
Year 24$88,419$45,988$42,432
Year 25$95,464$49,168$46,296

Start Saving in Hennepin

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