How Much Can Solar Save in Little York?
Real numbers based on current ComEd rates and Illinois incentives.
$121
Current Bill/mo
$129
Est. Lease + Battery
5.4 yrs
Payback Period
$40,780
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
$121
Annual Cost
$1,452
25-Year Cost (No Solar)
$79,663
Your Solar Investment
5 kW System
$14,500
$7,306
After All IL Incentives
DG Rebate ($300/kW)-$1,500
Illinois Shines RECs (lump sum, ~18 mo)-$5,694
With vs Without Solar in Little York
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $121/mo | $88/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$13/mo |
| 5-Year Cost | $7,841 | $5,280 |
| 25-Year Cost | $79,663 | $38,883 |
| 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
$40,780
Without Solar
With Solar
Year 1Payback Year
$1,452
$1,300
Year 5
$8,185
$1,032
Year 10
$19,139
$8,475
Year 15
$33,797
$16,945
Year 20
$53,413
$26,877
Year 25
$79,663
$38,883
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,452 | $1,300 | $152 |
| Year 2 | $2,991 | -$3,074 | $6,065 |
| Year 3 | $4,623 | -$1,730 | $6,353 |
| Year 4 | $6,352 | -$362 | $6,714 |
| Year 5 | $8,185 | $1,032 | $7,153 |
| Year 6 | $10,128 | $2,455 | $7,673 |
| Year 7 | $12,188 | $3,909 | $8,279 |
| Year 8 | $14,371 | $5,395 | $8,976 |
| Year 9 | $16,685 | $6,916 | $9,769 |
| Year 10 | $19,139 | $8,475 | $10,663 |
| Year 11 | $21,739 | $10,075 | $11,664 |
| Year 12 | $24,495 | $11,719 | $12,776 |
| Year 13 | $27,417 | $13,409 | $14,008 |
| Year 14 | $30,514 | $15,150 | $15,364 |
| Year 15 | $33,797 | $16,945 | $16,852 |
| Year 16 | $37,277 | $18,798 | $18,479 |
| Year 17 | $40,965 | $20,713 | $20,252 |
| Year 18 | $44,875 | $22,694 | $22,181 |
| Year 19 | $49,020 | $24,748 | $24,272 |
| Year 20 | $53,413 | $26,877 | $26,535 |
| Year 21 | $58,069 | $29,089 | $28,980 |
| Year 22 | $63,006 | $31,390 | $31,616 |
| Year 23 | $68,238 | $33,784 | $34,454 |
| Year 24 | $73,784 | $36,279 | $37,505 |
| Year 25 | $79,663 | $38,883 | $40,780 |
Start Saving in Little York
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