How Much Can Solar Save in Lockport?

Real numbers based on current ComEd rates and Illinois incentives.

$182

Current Bill/mo

$160

Est. Lease + Battery

24+ yrs

Years of Pure Profit

$54,451

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

$182

Annual Cost

$2,184

25-Year Cost (No Solar)

$119,824

Your Solar Investment

10 kW System

$27,500

$14,000

After All IL Incentives

DG Rebate ($300/kW)-$3,000

Illinois Shines RECs (lump sum, ~18 mo)-$10,500

With vs Without Solar in Lockport

Metric	Without Solar	With Solar
Monthly Cost	$182/mo	$165/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	$-12/mo
5-Year Cost	$11,794	$9,900
25-Year Cost	$119,824	$65,373
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

$54,451

Without Solar

With Solar

Year 1

$2,184

$2,332

Year 2Profit Starts Here

$4,499

-$5,805

Year 5

$12,311

$1,490

Year 10

$28,787

$14,518

Year 15

$50,835

$29,039

Year 20

$80,340

$45,691

Year 25

$119,824

$65,374

Year	Without Solar	With Solar	Cumulative Savings
Year 1	$2,184	$2,332	-$148
Year 2Profit Starts	$4,499	-$5,805	$10,304
Year 3	$6,953	-$3,410	$10,363
Year 4	$9,554	-$979	$10,533
Year 5	$12,311	$1,490	$10,821
Year 6	$15,234	$4,001	$11,234
Year 7	$18,332	$6,555	$11,777
Year 8	$21,616	$9,157	$12,459
Year 9	$25,097	$11,810	$13,287
Year 10	$28,787	$14,518	$14,268
Year 11	$32,698	$17,286	$15,412
Year 12	$36,844	$20,116	$16,728
Year 13	$41,239	$23,015	$18,223
Year 14	$45,897	$25,988	$19,909
Year 15	$50,835	$29,039	$21,796
Year 16	$56,069	$32,174	$23,895
Year 17	$61,617	$35,400	$26,217
Year 18	$67,498	$38,724	$28,774
Year 19	$73,732	$42,152	$31,580
Year 20	$80,340	$45,691	$34,648
Year 21	$87,344	$49,351	$37,993
Year 22	$94,769	$53,140	$41,629
Year 23	$102,639	$57,066	$45,573
Year 24	$110,981	$61,141	$49,841
Year 25	$119,824	$65,374	$54,451

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Lockport

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Lockport

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

Or call (618) 217-2001|Info@ltdsolarconsulting.com