How Much Can Solar Save in Hometown?
Real numbers based on current ComEd rates and Illinois incentives.
$142
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$48,054
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
$142
Annual Cost
$1,704
25-Year Cost (No Solar)
$93,489
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Hometown
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $142/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $9,202 | $6,300 |
| 25-Year Cost | $93,489 | $45,435 |
| 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
$48,054
Without Solar
With Solar
Year 1Payback Year
$1,704
$1,538
Year 5
$9,606
$1,119
Year 10
$22,460
$9,887
Year 15
$39,662
$19,827
Year 20
$62,683
$31,442
Year 25
$93,489
$45,435
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,704 | $1,538 | $166 |
| Year 2 | $3,510 | -$3,732 | $7,242 |
| Year 3 | $5,425 | -$2,144 | $7,569 |
| Year 4 | $7,454 | -$527 | $7,982 |
| Year 5 | $9,606 | $1,119 | $8,487 |
| Year 6 | $11,886 | $2,797 | $9,089 |
| Year 7 | $14,303 | $4,511 | $9,792 |
| Year 8 | $16,865 | $6,262 | $10,604 |
| Year 9 | $19,581 | $8,053 | $11,529 |
| Year 10 | $22,460 | $9,887 | $12,573 |
| Year 11 | $25,512 | $11,767 | $13,744 |
| Year 12 | $28,746 | $13,698 | $15,048 |
| Year 13 | $32,175 | $15,682 | $16,493 |
| Year 14 | $35,810 | $17,724 | $18,086 |
| Year 15 | $39,662 | $19,827 | $19,835 |
| Year 16 | $43,746 | $21,997 | $21,749 |
| Year 17 | $48,075 | $24,238 | $23,837 |
| Year 18 | $52,663 | $26,556 | $26,108 |
| Year 19 | $57,527 | $28,955 | $28,572 |
| Year 20 | $62,683 | $31,442 | $31,240 |
| Year 21 | $68,148 | $34,024 | $34,124 |
| Year 22 | $73,940 | $36,706 | $37,234 |
| Year 23 | $80,081 | $39,497 | $40,584 |
| Year 24 | $86,590 | $42,404 | $44,186 |
| Year 25 | $93,489 | $45,435 | $48,054 |
Start Saving in Hometown
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