How Much Can Solar Save in Lincolnwood?
Real numbers based on current ComEd rates and Illinois incentives.
$230
Current Bill/mo
$184
Est. Lease + Battery
5.5 yrs
Payback Period
$77,794
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
$230
Annual Cost
$2,760
25-Year Cost (No Solar)
$151,426
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 Lincolnwood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $230/mo | $176/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$19/mo |
| 5-Year Cost | $14,904 | $10,560 |
| 25-Year Cost | $151,426 | $73,632 |
| 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
$77,794
Without Solar
With Solar
Year 1Payback Year
$2,760
$2,529
Year 5
$15,558
$1,665
Year 10
$36,379
$16,003
Year 15
$64,242
$32,191
Year 20
$101,528
$51,027
Year 25
$151,426
$73,632
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,760 | $2,529 | $231 |
| Year 2 | $5,686 | -$6,292 | $11,978 |
| Year 3 | $8,787 | -$3,685 | $12,471 |
| Year 4 | $12,074 | -$1,033 | $13,107 |
| Year 5 | $15,558 | $1,665 | $13,893 |
| Year 6 | $19,252 | $4,415 | $14,837 |
| Year 7 | $23,167 | $7,219 | $15,948 |
| Year 8 | $27,317 | $10,082 | $17,235 |
| Year 9 | $31,716 | $13,008 | $18,708 |
| Year 10 | $36,379 | $16,003 | $20,376 |
| Year 11 | $41,322 | $19,071 | $22,251 |
| Year 12 | $46,561 | $22,218 | $24,343 |
| Year 13 | $52,115 | $25,449 | $26,666 |
| Year 14 | $58,002 | $28,771 | $29,230 |
| Year 15 | $64,242 | $32,191 | $32,051 |
| Year 16 | $70,856 | $35,716 | $35,140 |
| Year 17 | $77,868 | $39,353 | $38,514 |
| Year 18 | $85,300 | $43,112 | $42,188 |
| Year 19 | $93,178 | $47,000 | $46,178 |
| Year 20 | $101,528 | $51,027 | $50,501 |
| Year 21 | $110,380 | $55,204 | $55,176 |
| Year 22 | $119,763 | $59,541 | $60,222 |
| Year 23 | $129,708 | $64,049 | $65,659 |
| Year 24 | $140,251 | $68,742 | $71,509 |
| Year 25 | $151,426 | $73,632 | $77,794 |
Start Saving in Lincolnwood
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