How Much Can Solar Save in Lily Lake?

Real numbers based on current ComEd rates and Illinois incentives.

$209
Current Bill/mo
$175
Est. Lease + Battery
5.9 yrs
Payback Period
$68,487
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

$209

Annual Cost

$2,508

25-Year Cost (No Solar)

$137,600

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 Lily Lake

MetricWithout SolarWith Solar
Monthly Cost$209/mo$176/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$4/mo
5-Year Cost$13,543$10,560
25-Year Cost$137,600$69,113
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$68,487

Without Solar
With Solar
Year 1Payback Year
$2,508
$2,460
Year 5
$14,138
$1,264
Year 10
$33,057
$15,031
Year 15
$58,376
$30,410
Year 20
$92,258
$48,108
Year 25
$137,600
$69,113
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$2,508$2,460$48
Year 2$5,166-$6,436$11,602
Year 3$7,984-$3,908$11,893
Year 4$10,972-$1,343$12,314
Year 5$14,138$1,264$12,874
Year 6$17,494$3,915$13,580
Year 7$21,052$6,613$14,439
Year 8$24,823$9,362$15,461
Year 9$28,820$12,167$16,654
Year 10$33,057$15,031$18,027
Year 11$37,549$17,958$19,590
Year 12$42,310$20,955$21,355
Year 13$47,356$24,025$23,331
Year 14$52,706$27,175$25,531
Year 15$58,376$30,410$27,966
Year 16$64,387$33,738$30,649
Year 17$70,758$37,163$33,595
Year 18$77,511$40,695$36,817
Year 19$84,670$44,340$40,330
Year 20$92,258$48,108$44,151
Year 21$100,302$52,006$48,296
Year 22$108,828$56,045$52,783
Year 23$117,866$60,235$57,630
Year 24$127,445$64,587$62,858
Year 25$137,600$69,113$68,487

Start Saving in Lily Lake

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ComEd rates projected to rise again next year. Lock in savings now.