How Much Can Solar Save in Hodgkins?
Real numbers based on current ComEd rates and Illinois incentives.
$109
Current Bill/mo
$126
Est. Lease + Battery
5.6 yrs
Payback Period
$38,246
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
$109
Annual Cost
$1,308
25-Year Cost (No Solar)
$71,763
Your Solar Investment
5 kW System
$14,500
$7,306
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,694
With vs Without Solar in Hodgkins
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $109/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $7,063 | $5,280 |
| 25-Year Cost | $71,763 | $33,517 |
| 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
$38,246
Without Solar
With Solar
Year 1Payback Year
$1,308
$1,205
Year 5
$7,373
$498
Year 10
$17,240
$7,217
Year 15
$30,445
$14,706
Year 20
$48,116
$23,310
Year 25
$71,763
$33,517
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,308 | $1,205 | $103 |
| Year 2 | $2,694 | -$3,268 | $5,963 |
| Year 3 | $4,164 | -$2,031 | $6,195 |
| Year 4 | $5,722 | -$776 | $6,498 |
| Year 5 | $7,373 | $498 | $6,875 |
| Year 6 | $9,124 | $1,793 | $7,331 |
| Year 7 | $10,979 | $3,111 | $7,868 |
| Year 8 | $12,946 | $4,453 | $8,493 |
| Year 9 | $15,031 | $5,821 | $9,210 |
| Year 10 | $17,240 | $7,217 | $10,024 |
| Year 11 | $19,583 | $8,644 | $10,939 |
| Year 12 | $22,066 | $10,103 | $11,963 |
| Year 13 | $24,698 | $11,598 | $13,100 |
| Year 14 | $27,488 | $13,131 | $14,356 |
| Year 15 | $30,445 | $14,706 | $15,739 |
| Year 16 | $33,580 | $16,324 | $17,256 |
| Year 17 | $36,902 | $17,990 | $18,913 |
| Year 18 | $40,425 | $19,707 | $20,718 |
| Year 19 | $44,158 | $21,479 | $22,680 |
| Year 20 | $48,116 | $23,310 | $24,806 |
| Year 21 | $52,310 | $25,204 | $27,106 |
| Year 22 | $56,757 | $27,167 | $29,590 |
| Year 23 | $61,471 | $29,203 | $32,268 |
| Year 24 | $66,467 | $31,318 | $35,149 |
| Year 25 | $71,763 | $33,517 | $38,246 |
Start Saving in Hodgkins
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