How Much Can Solar Save in Itasca?
Real numbers based on current ComEd rates and Illinois incentives.
$209
Current Bill/mo
$176
Est. Lease + Battery
6.4 yrs
Payback Period
$66,173
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
$209
Annual Cost
$2,508
25-Year Cost (No Solar)
$137,600
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 Itasca
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $209/mo | $184/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-4/mo |
| 5-Year Cost | $13,543 | $11,040 |
| 25-Year Cost | $137,600 | $71,427 |
| 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
$66,173
Without Solar
With Solar
Year 1
$2,508
$2,552
Year 2Payback Year
$5,166
-$5,917
Year 5
$14,138
$2,053
Year 10
$33,057
$16,253
Year 15
$58,376
$32,038
Year 20
$92,258
$50,103
Year 25
$137,600
$71,427
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,508 | $2,552 | -$44 |
| Year 2Payback | $5,166 | -$5,917 | $11,084 |
| Year 3 | $7,984 | -$3,299 | $11,283 |
| Year 4 | $10,972 | -$643 | $11,614 |
| Year 5 | $14,138 | $2,053 | $12,085 |
| Year 6 | $17,494 | $4,792 | $12,702 |
| Year 7 | $21,052 | $7,578 | $13,474 |
| Year 8 | $24,823 | $10,414 | $14,409 |
| Year 9 | $28,820 | $13,305 | $15,516 |
| Year 10 | $33,057 | $16,253 | $16,804 |
| Year 11 | $37,549 | $19,264 | $18,284 |
| Year 12 | $42,310 | $22,343 | $19,967 |
| Year 13 | $47,356 | $25,495 | $21,862 |
| Year 14 | $52,706 | $28,724 | $23,982 |
| Year 15 | $58,376 | $32,038 | $26,338 |
| Year 16 | $64,387 | $35,442 | $28,945 |
| Year 17 | $70,758 | $38,943 | $31,815 |
| Year 18 | $77,511 | $42,548 | $34,963 |
| Year 19 | $84,670 | $46,265 | $38,405 |
| Year 20 | $92,258 | $50,103 | $42,155 |
| Year 21 | $100,302 | $54,069 | $46,232 |
| Year 22 | $108,828 | $58,175 | $50,653 |
| Year 23 | $117,866 | $62,429 | $55,437 |
| Year 24 | $127,445 | $66,842 | $60,603 |
| Year 25 | $137,600 | $71,427 | $66,173 |
Start Saving in Itasca
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