How Much Can Solar Save in Loda?

Real numbers based on current ComEd rates and Illinois incentives.

$126
Current Bill/mo
$131
Est. Lease + Battery
5.2 yrs
Payback Period
$42,589
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

$126

Annual Cost

$1,512

25-Year Cost (No Solar)

$82,955

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 Loda

MetricWithout SolarWith Solar
Monthly Cost$126/mo$88/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$16/mo
5-Year Cost$8,165$5,280
25-Year Cost$82,955$40,366
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

$42,589

Without Solar
With Solar
Year 1Payback Year
$1,512
$1,324
Year 5
$8,523
$1,173
Year 10
$19,929
$8,810
Year 15
$35,193
$17,548
Year 20
$55,620
$27,850
Year 25
$82,955
$40,366
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,512$1,324$188
Year 2$3,115-$3,023$6,138
Year 3$4,814-$1,652$6,465
Year 4$6,614-$254$6,868
Year 5$8,523$1,173$7,351
Year 6$10,547$2,629$7,917
Year 7$12,691$4,119$8,573
Year 8$14,965$5,644$9,321
Year 9$17,375$7,206$10,169
Year 10$19,929$8,810$11,120
Year 11$22,637$10,456$12,181
Year 12$25,507$12,150$13,357
Year 13$28,550$13,894$14,656
Year 14$31,775$15,692$16,083
Year 15$35,193$17,548$17,646
Year 16$38,817$19,465$19,352
Year 17$42,658$21,449$21,208
Year 18$46,729$23,505$23,225
Year 19$51,045$25,637$25,408
Year 20$55,620$27,850$27,769
Year 21$60,469$30,152$30,317
Year 22$65,609$32,547$33,062
Year 23$71,058$35,043$36,015
Year 24$76,833$37,647$39,186
Year 25$82,955$40,366$42,589

Start Saving in Loda

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