How Much Can Solar Save in Hopewell?

Real numbers based on current ComEd rates and Illinois incentives.

$150

Current Bill/mo

$146

Est. Lease + Battery

25+ yrs

Years of Pure Profit

$51,292

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

$150

Annual Cost

$1,800

25-Year Cost (No Solar)

$98,756

Your Solar Investment

7.5 kW System

$20,625

$9,440

After All IL Incentives

DG Rebate ($300/kW)-$2,250

Illinois Shines RECs (lump sum, ~18 mo)-$8,935

With vs Without Solar in Hopewell

Metric	Without Solar	With Solar
Monthly Cost	$150/mo	$124/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$6/mo
5-Year Cost	$9,720	$7,440
25-Year Cost	$98,756	$47,464
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

$51,292

Without Solar

With Solar

Year 1Profit Starts Here

$1,800

$1,727

Year 5

$10,147

-$58

Year 10

$23,725

$9,593

Year 15

$41,897

$20,366

Year 20

$66,214

$32,758

Year 25

$98,756

$47,464

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$1,800	$1,727	$73
Year 2	$3,708	-$5,459	$9,167
Year 3	$5,730	-$3,686	$9,416
Year 4	$7,874	-$1,886	$9,760
Year 5	$10,147	-$58	$10,204
Year 6	$12,556	$1,801	$10,755
Year 7	$15,109	$3,693	$11,416
Year 8	$17,815	$5,620	$12,195
Year 9	$20,684	$7,586	$13,098
Year 10	$23,725	$9,593	$14,133
Year 11	$26,949	$11,644	$15,305
Year 12	$30,366	$13,744	$16,622
Year 13	$33,988	$15,894	$18,093
Year 14	$37,827	$18,101	$19,726
Year 15	$41,897	$20,366	$21,530
Year 16	$46,211	$22,696	$23,514
Year 17	$50,783	$25,095	$25,688
Year 18	$55,630	$27,568	$28,062
Year 19	$60,768	$30,120	$30,648
Year 20	$66,214	$32,758	$33,456
Year 21	$71,987	$35,487	$36,500
Year 22	$78,106	$38,315	$39,791
Year 23	$84,592	$41,248	$43,344
Year 24	$91,468	$44,295	$47,173
Year 25	$98,756	$47,464	$51,292

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Hopewell

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Hopewell

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com