How Much Can Solar Save in Iroquois?
Real numbers based on current ComEd rates and Illinois incentives.
$125
Current Bill/mo
$131
Est. Lease + Battery
5.7 yrs
Payback Period
$40,784
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
$125
Annual Cost
$1,500
25-Year Cost (No Solar)
$82,297
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Iroquois
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $8,100 | $5,820 |
| 25-Year Cost | $82,297 | $41,513 |
| 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
$40,784
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,412
Year 5
$8,456
$1,034
Year 10
$19,771
$9,070
Year 15
$34,914
$18,166
Year 20
$55,178
$28,770
Year 25
$82,297
$41,513
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,412 | $88 |
| Year 2 | $3,090 | -$3,417 | $6,507 |
| Year 3 | $4,775 | -$1,959 | $6,734 |
| Year 4 | $6,562 | -$476 | $7,038 |
| Year 5 | $8,456 | $1,034 | $7,421 |
| Year 6 | $10,463 | $2,574 | $7,889 |
| Year 7 | $12,591 | $4,144 | $8,446 |
| Year 8 | $14,846 | $5,749 | $9,097 |
| Year 9 | $17,237 | $7,390 | $9,847 |
| Year 10 | $19,771 | $9,070 | $10,701 |
| Year 11 | $22,457 | $10,792 | $11,665 |
| Year 12 | $25,305 | $12,560 | $12,745 |
| Year 13 | $28,323 | $14,375 | $13,948 |
| Year 14 | $31,523 | $16,242 | $15,280 |
| Year 15 | $34,914 | $18,166 | $16,748 |
| Year 16 | $38,509 | $20,149 | $18,360 |
| Year 17 | $42,319 | $22,196 | $20,124 |
| Year 18 | $46,358 | $24,311 | $22,047 |
| Year 19 | $50,640 | $26,501 | $24,139 |
| Year 20 | $55,178 | $28,770 | $26,409 |
| Year 21 | $59,989 | $31,123 | $28,866 |
| Year 22 | $65,088 | $33,568 | $31,521 |
| Year 23 | $70,494 | $36,109 | $34,384 |
| Year 24 | $76,223 | $38,755 | $37,468 |
| Year 25 | $82,297 | $41,513 | $40,784 |
Start Saving in Iroquois
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