How Much Can Solar Save in Loves Park?
Real numbers based on current ComEd rates and Illinois incentives.
$138
Current Bill/mo
$139
Est. Lease + Battery
5.5 yrs
Payback Period
$47,560
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
$138
Annual Cost
$1,656
25-Year Cost (No Solar)
$90,856
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in Loves Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $138/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$13/mo |
| 5-Year Cost | $8,942 | $6,300 |
| 25-Year Cost | $90,856 | $43,296 |
| 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
$47,560
Without Solar
With Solar
Year 1Payback Year
$1,656
$1,500
Year 5
$9,335
$902
Year 10
$21,827
$9,379
Year 15
$38,545
$18,927
Year 20
$60,917
$30,013
Year 25
$90,856
$43,295
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,656 | $1,500 | $156 |
| Year 2 | $3,411 | -$3,811 | $7,222 |
| Year 3 | $5,272 | -$2,266 | $7,538 |
| Year 4 | $7,244 | -$695 | $7,940 |
| Year 5 | $9,335 | $902 | $8,433 |
| Year 6 | $11,551 | $2,529 | $9,022 |
| Year 7 | $13,900 | $4,188 | $9,712 |
| Year 8 | $16,390 | $5,881 | $10,510 |
| Year 9 | $19,030 | $7,610 | $11,420 |
| Year 10 | $21,827 | $9,379 | $12,449 |
| Year 11 | $24,793 | $11,190 | $13,603 |
| Year 12 | $27,937 | $13,047 | $14,890 |
| Year 13 | $31,269 | $14,953 | $16,316 |
| Year 14 | $34,801 | $16,911 | $17,890 |
| Year 15 | $38,545 | $18,927 | $19,618 |
| Year 16 | $42,514 | $21,003 | $21,511 |
| Year 17 | $46,721 | $23,145 | $23,576 |
| Year 18 | $51,180 | $25,357 | $25,823 |
| Year 19 | $55,907 | $27,645 | $28,262 |
| Year 20 | $60,917 | $30,013 | $30,904 |
| Year 21 | $66,228 | $32,469 | $33,759 |
| Year 22 | $71,858 | $35,018 | $36,840 |
| Year 23 | $77,825 | $37,667 | $40,158 |
| Year 24 | $84,151 | $40,424 | $43,727 |
| Year 25 | $90,856 | $43,295 | $47,560 |
Start Saving in Loves Park
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