How Much Can Solar Save in Lacon?
Real numbers based on current ComEd rates and Illinois incentives.
$129
Current Bill/mo
$134
Est. Lease + Battery
5.9 yrs
Payback Period
$41,694
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
$129
Annual Cost
$1,548
25-Year Cost (No Solar)
$84,930
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Lacon
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $129/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$3/mo |
| 5-Year Cost | $8,359 | $6,300 |
| 25-Year Cost | $84,930 | $43,236 |
| 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
$41,694
Without Solar
With Solar
Year 1Payback Year
$1,548
$1,507
Year 5
$8,726
$936
Year 10
$20,404
$9,436
Year 15
$36,031
$18,987
Year 20
$56,944
$30,043
Year 25
$84,930
$43,236
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,548 | $1,507 | $41 |
| Year 2 | $3,189 | -$3,797 | $6,986 |
| Year 3 | $4,928 | -$2,245 | $7,173 |
| Year 4 | $6,772 | -$668 | $7,440 |
| Year 5 | $8,726 | $936 | $7,790 |
| Year 6 | $10,798 | $2,569 | $8,229 |
| Year 7 | $12,994 | $4,232 | $8,761 |
| Year 8 | $15,321 | $5,930 | $9,391 |
| Year 9 | $17,789 | $7,663 | $10,125 |
| Year 10 | $20,404 | $9,436 | $10,968 |
| Year 11 | $23,176 | $11,250 | $11,927 |
| Year 12 | $26,115 | $13,108 | $13,006 |
| Year 13 | $29,230 | $15,015 | $14,214 |
| Year 14 | $32,531 | $16,974 | $15,558 |
| Year 15 | $36,031 | $18,987 | $17,044 |
| Year 16 | $39,741 | $21,061 | $18,680 |
| Year 17 | $43,674 | $23,198 | $20,475 |
| Year 18 | $47,842 | $25,405 | $22,437 |
| Year 19 | $52,260 | $27,684 | $24,576 |
| Year 20 | $56,944 | $30,043 | $26,901 |
| Year 21 | $61,909 | $32,486 | $29,422 |
| Year 22 | $67,171 | $35,021 | $32,151 |
| Year 23 | $72,750 | $37,652 | $35,097 |
| Year 24 | $78,663 | $40,388 | $38,274 |
| Year 25 | $84,930 | $43,236 | $41,694 |
Start Saving in Lacon
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