How Much Can Solar Save in Hoffman Estates?
Real numbers based on current ComEd rates and Illinois incentives.
$195
Current Bill/mo
$167
Est. Lease + Battery
6 yrs
Payback Period
$62,594
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
$195
Annual Cost
$2,340
25-Year Cost (No Solar)
$128,383
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 Hoffman Estates
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $195/mo | $167/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$0/mo |
| 5-Year Cost | $12,636 | $10,020 |
| 25-Year Cost | $128,383 | $65,789 |
| 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
$62,594
Without Solar
With Solar
Year 1
$2,340
$2,343
Year 2Payback Year
$4,820
-$6,103
Year 5
$13,191
$1,231
Year 10
$30,843
$14,340
Year 15
$54,466
$28,982
Year 20
$86,078
$45,819
Year 25
$128,383
$65,789
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,340 | $2,343 | -$3 |
| Year 2Payback | $4,820 | -$6,103 | $10,923 |
| Year 3 | $7,450 | -$3,695 | $11,145 |
| Year 4 | $10,237 | -$1,252 | $11,488 |
| Year 5 | $13,191 | $1,231 | $11,960 |
| Year 6 | $16,322 | $3,755 | $12,567 |
| Year 7 | $19,642 | $6,324 | $13,317 |
| Year 8 | $23,160 | $8,943 | $14,217 |
| Year 9 | $26,890 | $11,613 | $15,276 |
| Year 10 | $30,843 | $14,340 | $16,503 |
| Year 11 | $35,034 | $17,128 | $17,906 |
| Year 12 | $39,476 | $19,981 | $19,495 |
| Year 13 | $44,184 | $22,904 | $21,280 |
| Year 14 | $49,175 | $25,902 | $23,273 |
| Year 15 | $54,466 | $28,982 | $25,484 |
| Year 16 | $60,074 | $32,148 | $27,926 |
| Year 17 | $66,018 | $35,408 | $30,610 |
| Year 18 | $72,319 | $38,768 | $33,551 |
| Year 19 | $78,998 | $42,236 | $36,762 |
| Year 20 | $86,078 | $45,819 | $40,259 |
| Year 21 | $93,583 | $49,527 | $44,056 |
| Year 22 | $101,538 | $53,368 | $48,170 |
| Year 23 | $109,970 | $57,351 | $52,619 |
| Year 24 | $118,908 | $61,488 | $57,421 |
| Year 25 | $128,383 | $65,789 | $62,594 |
Start Saving in Hoffman Estates
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