How Much Can Solar Save in Inverness?
Real numbers based on current ComEd rates and Illinois incentives.
$259
Current Bill/mo
$200
Est. Lease + Battery
6.7 yrs
Payback Period
$78,922
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
$259
Annual Cost
$3,108
25-Year Cost (No Solar)
$170,519
Your Solar Investment
13.5 kW System
$39,150
$20,887
After All IL Incentives
DG Rebate ($300/kW)-$4,050
Illinois Shines RECs (lump sum, ~18 mo)-$14,213
With vs Without Solar in Inverness
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $259/mo | $237/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-15/mo |
| 5-Year Cost | $16,783 | $14,220 |
| 25-Year Cost | $170,519 | $91,597 |
| 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
$78,922
Without Solar
With Solar
Year 1
$3,108
$3,286
Year 2Payback Year
$6,402
-$7,601
Year 5
$17,520
$2,656
Year 10
$40,966
$20,914
Year 15
$72,342
$41,181
Year 20
$114,330
$64,331
Year 25
$170,519
$91,597
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $3,108 | $3,286 | -$178 |
| Year 2Payback | $6,402 | -$7,601 | $14,003 |
| Year 3 | $9,895 | -$4,230 | $14,125 |
| Year 4 | $13,596 | -$812 | $14,409 |
| Year 5 | $17,520 | $2,656 | $14,864 |
| Year 6 | $21,679 | $6,180 | $15,499 |
| Year 7 | $26,088 | $9,763 | $16,325 |
| Year 8 | $30,761 | $13,409 | $17,352 |
| Year 9 | $35,715 | $17,125 | $18,590 |
| Year 10 | $40,966 | $20,914 | $20,052 |
| Year 11 | $46,532 | $24,783 | $21,749 |
| Year 12 | $52,432 | $28,737 | $23,695 |
| Year 13 | $58,686 | $32,784 | $25,902 |
| Year 14 | $65,315 | $36,929 | $28,386 |
| Year 15 | $72,342 | $41,181 | $31,161 |
| Year 16 | $79,790 | $45,546 | $34,244 |
| Year 17 | $87,686 | $50,035 | $37,651 |
| Year 18 | $96,055 | $54,655 | $41,399 |
| Year 19 | $104,926 | $59,417 | $45,509 |
| Year 20 | $114,330 | $64,331 | $49,999 |
| Year 21 | $124,297 | $69,408 | $54,889 |
| Year 22 | $134,863 | $74,660 | $60,203 |
| Year 23 | $146,063 | $80,099 | $65,964 |
| Year 24 | $157,935 | $85,740 | $72,195 |
| Year 25 | $170,519 | $91,597 | $78,922 |
Start Saving in Inverness
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