How Much Can Solar Save in Lynwood?
Real numbers based on current ComEd rates and Illinois incentives.
$155
Current Bill/mo
$149
Est. Lease + Battery
5.6 yrs
Payback Period
$53,644
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
$155
Annual Cost
$1,860
25-Year Cost (No Solar)
$102,048
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Lynwood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $155/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$12/mo |
| 5-Year Cost | $10,044 | $7,380 |
| 25-Year Cost | $102,048 | $48,404 |
| 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
$53,644
Without Solar
With Solar
Year 1Payback Year
$1,860
$1,714
Year 5
$10,485
$848
Year 10
$24,516
$10,458
Year 15
$43,293
$21,214
Year 20
$68,421
$33,624
Year 25
$102,048
$48,404
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,860 | $1,714 | $146 |
| Year 2 | $3,832 | -$4,520 | $8,352 |
| Year 3 | $5,921 | -$2,758 | $8,680 |
| Year 4 | $8,137 | -$969 | $9,106 |
| Year 5 | $10,485 | $848 | $9,637 |
| Year 6 | $12,974 | $2,698 | $10,277 |
| Year 7 | $15,613 | $4,580 | $11,032 |
| Year 8 | $18,409 | $6,499 | $11,910 |
| Year 9 | $21,374 | $8,457 | $12,916 |
| Year 10 | $24,516 | $10,458 | $14,059 |
| Year 11 | $27,847 | $12,503 | $15,344 |
| Year 12 | $31,378 | $14,598 | $16,780 |
| Year 13 | $35,121 | $16,745 | $18,375 |
| Year 14 | $39,088 | $18,949 | $20,139 |
| Year 15 | $43,293 | $21,214 | $22,079 |
| Year 16 | $47,751 | $23,544 | $24,207 |
| Year 17 | $52,476 | $25,945 | $26,531 |
| Year 18 | $57,485 | $28,421 | $29,063 |
| Year 19 | $62,794 | $30,979 | $31,814 |
| Year 20 | $68,421 | $33,624 | $34,797 |
| Year 21 | $74,386 | $36,363 | $38,023 |
| Year 22 | $80,710 | $39,203 | $41,506 |
| Year 23 | $87,412 | $42,151 | $45,261 |
| Year 24 | $94,517 | $45,215 | $49,302 |
| Year 25 | $102,048 | $48,404 | $53,644 |
Start Saving in Lynwood
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