How Much Can Solar Save in Indian Creek?
Real numbers based on current ComEd rates and Illinois incentives.
$225
Current Bill/mo
$184
Est. Lease + Battery
6 yrs
Payback Period
$74,912
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
$225
Annual Cost
$2,700
25-Year Cost (No Solar)
$148,134
Your Solar Investment
10.5 kW System
$30,450
$16,246
After All IL Incentives
DG Rebate ($300/kW)-$3,150
Illinois Shines RECs (lump sum, ~18 mo)-$11,054
With vs Without Solar in Indian Creek
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $225/mo | $184/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $14,580 | $11,040 |
| 25-Year Cost | $148,134 | $73,222 |
| 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
$74,912
Without Solar
With Solar
Year 1Payback Year
$2,700
$2,573
Year 5
$15,220
$2,178
Year 10
$35,588
$16,578
Year 15
$62,845
$32,671
Year 20
$99,321
$51,203
Year 25
$148,134
$73,222
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,700 | $2,573 | $127 |
| Year 2 | $5,562 | -$5,874 | $11,436 |
| Year 3 | $8,596 | -$3,231 | $11,827 |
| Year 4 | $11,811 | -$548 | $12,359 |
| Year 5 | $15,220 | $2,178 | $13,042 |
| Year 6 | $18,833 | $4,951 | $13,883 |
| Year 7 | $22,663 | $7,773 | $14,891 |
| Year 8 | $26,723 | $10,649 | $16,075 |
| Year 9 | $31,027 | $13,582 | $17,444 |
| Year 10 | $35,588 | $16,578 | $19,010 |
| Year 11 | $40,423 | $19,641 | $20,783 |
| Year 12 | $45,549 | $22,776 | $22,773 |
| Year 13 | $50,982 | $25,989 | $24,993 |
| Year 14 | $56,741 | $29,285 | $27,456 |
| Year 15 | $62,845 | $32,671 | $30,174 |
| Year 16 | $69,316 | $36,154 | $33,162 |
| Year 17 | $76,175 | $39,740 | $36,435 |
| Year 18 | $83,445 | $43,438 | $40,007 |
| Year 19 | $91,152 | $47,256 | $43,896 |
| Year 20 | $99,321 | $51,203 | $48,119 |
| Year 21 | $107,980 | $55,287 | $52,693 |
| Year 22 | $117,159 | $59,520 | $57,639 |
| Year 23 | $126,889 | $63,912 | $62,976 |
| Year 24 | $137,202 | $68,476 | $68,727 |
| Year 25 | $148,134 | $73,222 | $74,912 |
Start Saving in Indian Creek
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