How Much Can Solar Save in Lakemoor?
Real numbers based on current ComEd rates and Illinois incentives.
$170
Current Bill/mo
$154
Est. Lease + Battery
6.2 yrs
Payback Period
$52,534
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
$170
Annual Cost
$2,040
25-Year Cost (No Solar)
$111,924
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Lakemoor
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $170/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-6/mo |
| 5-Year Cost | $11,016 | $8,940 |
| 25-Year Cost | $111,924 | $59,390 |
| 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
$52,534
Without Solar
With Solar
Year 1
$2,040
$2,111
Year 2Payback Year
$4,202
-$5,431
Year 5
$11,500
$1,179
Year 10
$26,889
$13,000
Year 15
$47,483
$26,205
Year 20
$75,043
$41,390
Year 25
$111,924
$59,389
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,040 | $2,111 | -$71 |
| Year 2Payback | $4,202 | -$5,431 | $9,633 |
| Year 3 | $6,495 | -$3,261 | $9,756 |
| Year 4 | $8,924 | -$1,059 | $9,983 |
| Year 5 | $11,500 | $1,179 | $10,321 |
| Year 6 | $14,230 | $3,454 | $10,775 |
| Year 7 | $17,123 | $5,771 | $11,352 |
| Year 8 | $20,191 | $8,132 | $12,059 |
| Year 9 | $23,442 | $10,540 | $12,902 |
| Year 10 | $26,889 | $13,000 | $13,889 |
| Year 11 | $30,542 | $15,514 | $15,029 |
| Year 12 | $34,415 | $18,087 | $16,328 |
| Year 13 | $38,520 | $20,723 | $17,796 |
| Year 14 | $42,871 | $23,428 | $19,443 |
| Year 15 | $47,483 | $26,205 | $21,278 |
| Year 16 | $52,372 | $29,061 | $23,311 |
| Year 17 | $57,554 | $32,001 | $25,553 |
| Year 18 | $63,048 | $35,031 | $28,016 |
| Year 19 | $68,870 | $38,159 | $30,712 |
| Year 20 | $75,043 | $41,390 | $33,653 |
| Year 21 | $81,585 | $44,733 | $36,852 |
| Year 22 | $88,520 | $48,195 | $40,325 |
| Year 23 | $95,871 | $51,786 | $44,086 |
| Year 24 | $103,664 | $55,514 | $48,150 |
| Year 25 | $111,924 | $59,389 | $52,534 |
Start Saving in Lakemoor
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