How Much Can Solar Save in Lake in the Hills?
Real numbers based on current ComEd rates and Illinois incentives.
$180
Current Bill/mo
$158
Est. Lease + Battery
6.9 yrs
Payback Period
$50,151
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
$180
Annual Cost
$2,160
25-Year Cost (No Solar)
$118,507
Your Solar Investment
10 kW System
$29,000
$14,612
After All IL Incentives
DG Rebate ($300/kW)-$3,000
Illinois Shines RECs (lump sum, ~18 mo)-$11,388
With vs Without Solar in Lake in the Hills
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $180/mo | $176/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-26/mo |
| 5-Year Cost | $11,664 | $10,560 |
| 25-Year Cost | $118,507 | $68,356 |
| 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
$50,151
Without Solar
With Solar
Year 1
$2,160
$2,472
Year 2Payback Year
$4,450
-$6,413
Year 5
$12,176
$1,310
Year 10
$28,471
$15,072
Year 15
$50,276
$30,358
Year 20
$79,457
$47,817
Year 25
$118,507
$68,356
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,160 | $2,472 | -$312 |
| Year 2Payback | $4,450 | -$6,413 | $10,863 |
| Year 3 | $6,877 | -$3,876 | $10,753 |
| Year 4 | $9,449 | -$1,303 | $10,752 |
| Year 5 | $12,176 | $1,310 | $10,866 |
| Year 6 | $15,067 | $3,965 | $11,102 |
| Year 7 | $18,131 | $6,665 | $11,466 |
| Year 8 | $21,379 | $9,413 | $11,965 |
| Year 9 | $24,821 | $12,214 | $12,607 |
| Year 10 | $28,471 | $15,072 | $13,399 |
| Year 11 | $32,339 | $17,989 | $14,349 |
| Year 12 | $36,439 | $20,972 | $15,467 |
| Year 13 | $40,785 | $24,024 | $16,761 |
| Year 14 | $45,393 | $27,151 | $18,241 |
| Year 15 | $50,276 | $30,358 | $19,918 |
| Year 16 | $55,453 | $33,652 | $21,801 |
| Year 17 | $60,940 | $37,037 | $23,903 |
| Year 18 | $66,756 | $40,522 | $26,234 |
| Year 19 | $72,922 | $44,113 | $28,809 |
| Year 20 | $79,457 | $47,817 | $31,640 |
| Year 21 | $86,384 | $51,644 | $34,740 |
| Year 22 | $93,727 | $55,602 | $38,126 |
| Year 23 | $101,511 | $59,699 | $41,812 |
| Year 24 | $109,762 | $63,947 | $45,814 |
| Year 25 | $118,507 | $68,356 | $50,151 |
Start Saving in Lake in the Hills
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