How Much Can Solar Save in Lansing?
Real numbers based on current ComEd rates and Illinois incentives.
$144
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$48,690
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
$144
Annual Cost
$1,728
25-Year Cost (No Solar)
$94,806
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 Lansing
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $144/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$15/mo |
| 5-Year Cost | $9,331 | $6,300 |
| 25-Year Cost | $94,806 | $46,116 |
| 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
$48,690
Without Solar
With Solar
Year 1Payback Year
$1,728
$1,550
Year 5
$9,741
$1,184
Year 10
$22,776
$10,042
Year 15
$40,221
$20,107
Year 20
$63,566
$31,891
Year 25
$94,806
$46,116
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,728 | $1,550 | $178 |
| Year 2 | $3,560 | -$3,708 | $7,268 |
| Year 3 | $5,501 | -$2,107 | $7,608 |
| Year 4 | $7,559 | -$477 | $8,036 |
| Year 5 | $9,741 | $1,184 | $8,556 |
| Year 6 | $12,053 | $2,879 | $9,174 |
| Year 7 | $14,505 | $4,609 | $9,895 |
| Year 8 | $17,103 | $6,378 | $10,725 |
| Year 9 | $19,857 | $8,188 | $11,669 |
| Year 10 | $22,776 | $10,042 | $12,734 |
| Year 11 | $25,871 | $11,945 | $13,926 |
| Year 12 | $29,151 | $13,898 | $15,253 |
| Year 13 | $32,628 | $15,907 | $16,721 |
| Year 14 | $36,314 | $17,975 | $18,339 |
| Year 15 | $40,221 | $20,107 | $20,114 |
| Year 16 | $44,362 | $22,306 | $22,056 |
| Year 17 | $48,752 | $24,579 | $24,173 |
| Year 18 | $53,405 | $26,930 | $26,475 |
| Year 19 | $58,337 | $29,365 | $28,972 |
| Year 20 | $63,566 | $31,891 | $31,675 |
| Year 21 | $69,107 | $34,513 | $34,594 |
| Year 22 | $74,982 | $37,239 | $37,743 |
| Year 23 | $81,209 | $40,076 | $41,133 |
| Year 24 | $87,809 | $43,032 | $44,777 |
| Year 25 | $94,806 | $46,116 | $48,690 |
Start Saving in Lansing
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