How Much Can Solar Save in Lake Bluff?
Real numbers based on current ComEd rates and Illinois incentives.
$259
Current Bill/mo
$197
Est. Lease + Battery
7 yrs
Payback Period
$73,460
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
14 kW System
$40,600
$21,661
After All IL Incentives
DG Rebate ($300/kW)-$4,200
Illinois Shines RECs (lump sum, ~18 mo)-$14,739
With vs Without Solar in Lake Bluff
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $259/mo | $246/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-29/mo |
| 5-Year Cost | $16,783 | $14,760 |
| 25-Year Cost | $170,519 | $97,059 |
| 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
$73,460
Without Solar
With Solar
Year 1
$3,108
$3,457
Year 2Payback Year
$6,402
-$7,781
Year 5
$17,520
$3,024
Year 10
$40,966
$22,288
Year 15
$72,342
$43,707
Year 20
$114,330
$68,201
Year 25
$170,519
$97,059
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $3,108 | $3,457 | -$349 |
| Year 2Payback | $6,402 | -$7,781 | $14,183 |
| Year 3 | $9,895 | -$4,232 | $14,126 |
| Year 4 | $13,596 | -$631 | $14,228 |
| Year 5 | $17,520 | $3,024 | $14,496 |
| Year 6 | $21,679 | $6,739 | $14,940 |
| Year 7 | $26,088 | $10,518 | $15,570 |
| Year 8 | $30,761 | $14,366 | $16,396 |
| Year 9 | $35,715 | $18,287 | $17,428 |
| Year 10 | $40,966 | $22,288 | $18,678 |
| Year 11 | $46,532 | $26,374 | $20,157 |
| Year 12 | $52,432 | $30,552 | $21,879 |
| Year 13 | $58,686 | $34,829 | $23,857 |
| Year 14 | $65,315 | $39,211 | $26,104 |
| Year 15 | $72,342 | $43,707 | $28,635 |
| Year 16 | $79,790 | $48,325 | $31,466 |
| Year 17 | $87,686 | $53,073 | $34,613 |
| Year 18 | $96,055 | $57,961 | $38,093 |
| Year 19 | $104,926 | $63,000 | $41,926 |
| Year 20 | $114,330 | $68,201 | $46,129 |
| Year 21 | $124,297 | $73,574 | $50,723 |
| Year 22 | $134,863 | $79,133 | $55,731 |
| Year 23 | $146,063 | $84,890 | $61,173 |
| Year 24 | $157,935 | $90,861 | $67,074 |
| Year 25 | $170,519 | $97,059 | $73,460 |
Start Saving in Lake Bluff
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