How Much Can Solar Save in Machesney Park?
Real numbers based on current ComEd rates and Illinois incentives.
$142
Current Bill/mo
$142
Est. Lease + Battery
6 yrs
Payback Period
$46,691
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
$142
Annual Cost
$1,704
25-Year Cost (No Solar)
$93,489
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 Machesney Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $142/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$1/mo |
| 5-Year Cost | $9,202 | $7,380 |
| 25-Year Cost | $93,489 | $46,798 |
| 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
$46,691
Without Solar
With Solar
Year 1Payback Year
$1,704
$1,695
Year 5
$9,606
$730
Year 10
$22,460
$10,157
Year 15
$39,662
$20,635
Year 20
$62,683
$32,630
Year 25
$93,489
$46,798
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,704 | $1,695 | $9 |
| Year 2 | $3,510 | -$4,561 | $8,072 |
| Year 3 | $5,425 | -$2,823 | $8,247 |
| Year 4 | $7,454 | -$1,059 | $8,514 |
| Year 5 | $9,606 | $730 | $8,875 |
| Year 6 | $11,886 | $2,549 | $9,337 |
| Year 7 | $14,303 | $4,398 | $9,905 |
| Year 8 | $16,865 | $6,281 | $10,584 |
| Year 9 | $19,581 | $8,199 | $11,382 |
| Year 10 | $22,460 | $10,157 | $12,304 |
| Year 11 | $25,512 | $12,155 | $13,356 |
| Year 12 | $28,746 | $14,199 | $14,547 |
| Year 13 | $32,175 | $16,291 | $15,884 |
| Year 14 | $35,810 | $18,435 | $17,375 |
| Year 15 | $39,662 | $20,635 | $19,027 |
| Year 16 | $43,746 | $22,895 | $20,851 |
| Year 17 | $48,075 | $25,219 | $22,856 |
| Year 18 | $52,663 | $27,613 | $25,050 |
| Year 19 | $57,527 | $30,082 | $27,446 |
| Year 20 | $62,683 | $32,630 | $30,053 |
| Year 21 | $68,148 | $35,265 | $32,883 |
| Year 22 | $73,940 | $37,992 | $35,948 |
| Year 23 | $80,081 | $40,818 | $39,263 |
| Year 24 | $86,590 | $43,751 | $42,839 |
| Year 25 | $93,489 | $46,798 | $46,691 |
Start Saving in Machesney Park
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