How Much Can Solar Save in Homer Glen?

Real numbers based on current ComEd rates and Illinois incentives.

$210
Current Bill/mo
$177
Est. Lease + Battery
5.3 yrs
Payback Period
$73,984
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

$210

Annual Cost

$2,520

25-Year Cost (No Solar)

$138,259

Your Solar Investment

9 kW System

$26,100

$13,151

After All IL Incentives

DG Rebate ($300/kW)-$2,700
Illinois Shines RECs (lump sum, ~18 mo)-$10,249

With vs Without Solar in Homer Glen

MetricWithout SolarWith Solar
Monthly Cost$210/mo$158/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$24/mo
5-Year Cost$13,608$9,480
25-Year Cost$138,259$64,275
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

$73,984

Without Solar
With Solar
Year 1Payback Year
$2,520
$2,234
Year 5
$14,205
$1,267
Year 10
$33,216
$13,876
Year 15
$58,655
$28,068
Year 20
$92,700
$44,540
Year 25
$138,259
$64,274
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$2,520$2,234$286
Year 2$5,191-$5,749$10,940
Year 3$8,023-$3,448$11,471
Year 4$11,024-$1,110$12,134
Year 5$14,205$1,267$12,938
Year 6$17,578$3,688$13,890
Year 7$21,152$6,156$14,997
Year 8$24,942$8,674$16,268
Year 9$28,958$11,245$17,713
Year 10$33,216$13,876$19,340
Year 11$37,729$16,568$21,160
Year 12$42,512$19,329$23,184
Year 13$47,583$22,162$25,421
Year 14$52,958$25,073$27,885
Year 15$58,655$28,068$30,588
Year 16$64,695$31,153$33,542
Year 17$71,096$34,336$36,761
Year 18$77,882$37,622$40,260
Year 19$85,075$41,021$44,054
Year 20$92,700$44,540$48,159
Year 21$100,782$48,189$52,593
Year 22$109,349$51,976$57,373
Year 23$118,429$55,912$62,518
Year 24$128,055$60,007$68,048
Year 25$138,259$64,274$73,984

Start Saving in Homer Glen

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ComEd rates projected to rise again next year. Lock in savings now.