How Much Can Solar Save in Kankakee?
Real numbers based on current ComEd rates and Illinois incentives.
$127
Current Bill/mo
$131
Est. Lease + Battery
5.2 yrs
Payback Period
$43,182
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
$127
Annual Cost
$1,524
25-Year Cost (No Solar)
$83,614
Your Solar Investment
5 kW System
$14,500
$7,306
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,694
With vs Without Solar in Kankakee
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $127/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$17/mo |
| 5-Year Cost | $8,230 | $5,280 |
| 25-Year Cost | $83,614 | $40,432 |
| 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
$43,182
Without Solar
With Solar
Year 1Payback Year
$1,524
$1,324
Year 5
$8,591
$1,175
Year 10
$20,088
$8,818
Year 15
$35,473
$17,567
Year 20
$56,061
$27,887
Year 25
$83,614
$40,432
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,524 | $1,324 | $200 |
| Year 2 | $3,139 | -$3,022 | $6,162 |
| Year 3 | $4,852 | -$1,650 | $6,502 |
| Year 4 | $6,667 | -$252 | $6,919 |
| Year 5 | $8,591 | $1,175 | $7,416 |
| Year 6 | $10,630 | $2,633 | $7,997 |
| Year 7 | $12,792 | $4,123 | $8,669 |
| Year 8 | $15,084 | $5,649 | $9,434 |
| Year 9 | $17,513 | $7,213 | $10,299 |
| Year 10 | $20,088 | $8,818 | $11,269 |
| Year 11 | $22,817 | $10,467 | $12,350 |
| Year 12 | $25,710 | $12,162 | $13,548 |
| Year 13 | $28,776 | $13,908 | $14,868 |
| Year 14 | $32,027 | $15,708 | $16,319 |
| Year 15 | $35,473 | $17,567 | $17,906 |
| Year 16 | $39,125 | $19,487 | $19,638 |
| Year 17 | $42,996 | $21,475 | $21,522 |
| Year 18 | $47,100 | $23,534 | $23,567 |
| Year 19 | $51,450 | $25,669 | $25,781 |
| Year 20 | $56,061 | $27,887 | $28,174 |
| Year 21 | $60,949 | $30,193 | $30,756 |
| Year 22 | $66,130 | $32,594 | $33,536 |
| Year 23 | $71,622 | $35,096 | $36,526 |
| Year 24 | $77,443 | $37,706 | $39,737 |
| Year 25 | $83,614 | $40,432 | $43,182 |
Start Saving in Kankakee
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