How Much Can Solar Save in Indian Head Park?
Real numbers based on current ComEd rates and Illinois incentives.
$192
Current Bill/mo
$166
Est. Lease + Battery
7.3 yrs
Payback Period
$53,500
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
$192
Annual Cost
$2,304
25-Year Cost (No Solar)
$126,408
Your Solar Investment
11 kW System
$31,900
$17,019
After All IL Incentives
DG Rebate ($300/kW)-$3,300
Illinois Shines RECs (lump sum, ~18 mo)-$11,581
With vs Without Solar in Indian Head Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $192/mo | $193/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-30/mo |
| 5-Year Cost | $12,442 | $11,580 |
| 25-Year Cost | $126,408 | $72,908 |
| 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
$53,500
Without Solar
With Solar
Year 1
$2,304
$2,661
Year 2Payback Year
$4,746
-$6,228
Year 5
$12,988
$2,060
Year 10
$30,369
$16,758
Year 15
$53,628
$32,981
Year 20
$84,754
$51,388
Year 25
$126,408
$72,908
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,304 | $2,661 | -$357 |
| Year 2Payback | $4,746 | -$6,228 | $10,974 |
| Year 3 | $7,335 | -$3,502 | $10,837 |
| Year 4 | $10,079 | -$741 | $10,820 |
| Year 5 | $12,988 | $2,060 | $10,928 |
| Year 6 | $16,071 | $4,902 | $11,169 |
| Year 7 | $19,339 | $7,790 | $11,550 |
| Year 8 | $22,804 | $10,725 | $12,078 |
| Year 9 | $26,476 | $13,714 | $12,762 |
| Year 10 | $30,369 | $16,758 | $13,611 |
| Year 11 | $34,495 | $19,862 | $14,632 |
| Year 12 | $38,868 | $23,032 | $15,836 |
| Year 13 | $43,504 | $26,271 | $17,233 |
| Year 14 | $48,419 | $29,586 | $18,833 |
| Year 15 | $53,628 | $32,981 | $20,647 |
| Year 16 | $59,150 | $36,462 | $22,687 |
| Year 17 | $65,002 | $40,036 | $24,966 |
| Year 18 | $71,207 | $43,711 | $27,496 |
| Year 19 | $77,783 | $47,492 | $30,291 |
| Year 20 | $84,754 | $51,388 | $33,366 |
| Year 21 | $92,143 | $55,408 | $36,735 |
| Year 22 | $99,976 | $59,560 | $40,416 |
| Year 23 | $108,278 | $63,854 | $44,425 |
| Year 24 | $117,079 | $68,299 | $48,780 |
| Year 25 | $126,408 | $72,908 | $53,500 |
Start Saving in Indian Head Park
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