How Much Can Solar Save in Highwood?
Real numbers based on current ComEd rates and Illinois incentives.
$245
Current Bill/mo
$193
Est. Lease + Battery
6.1 yrs
Payback Period
$79,792
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
$245
Annual Cost
$2,940
25-Year Cost (No Solar)
$161,302
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 Highwood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $245/mo | $202/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $15,876 | $12,120 |
| 25-Year Cost | $161,302 | $81,510 |
| 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
$79,792
Without Solar
With Solar
Year 1Payback Year
$2,940
$2,845
Year 5
$16,573
$2,536
Year 10
$38,752
$18,500
Year 15
$68,431
$36,373
Year 20
$108,150
$56,987
Year 25
$161,302
$81,510
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,940 | $2,845 | $95 |
| Year 2 | $6,056 | -$6,378 | $12,435 |
| Year 3 | $9,360 | -$3,453 | $12,813 |
| Year 4 | $12,861 | -$483 | $13,344 |
| Year 5 | $16,573 | $2,536 | $14,037 |
| Year 6 | $20,507 | $5,607 | $14,900 |
| Year 7 | $24,678 | $8,735 | $15,943 |
| Year 8 | $29,099 | $11,923 | $17,176 |
| Year 9 | $33,784 | $15,176 | $18,608 |
| Year 10 | $38,752 | $18,500 | $20,252 |
| Year 11 | $44,017 | $21,899 | $22,117 |
| Year 12 | $49,598 | $25,380 | $24,218 |
| Year 13 | $55,513 | $28,948 | $26,566 |
| Year 14 | $61,784 | $32,610 | $29,174 |
| Year 15 | $68,431 | $36,373 | $32,058 |
| Year 16 | $75,477 | $40,245 | $35,232 |
| Year 17 | $82,946 | $44,233 | $38,713 |
| Year 18 | $90,863 | $48,347 | $42,516 |
| Year 19 | $99,254 | $52,595 | $46,660 |
| Year 20 | $108,150 | $56,987 | $51,163 |
| Year 21 | $117,579 | $61,534 | $56,044 |
| Year 22 | $127,573 | $66,247 | $61,326 |
| Year 23 | $138,168 | $71,139 | $67,029 |
| Year 24 | $149,398 | $76,222 | $73,176 |
| Year 25 | $161,302 | $81,510 | $79,792 |
Start Saving in Highwood
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