How Much Can Solar Save in Malden?
Real numbers based on current ComEd rates and Illinois incentives.
$125
Current Bill/mo
$130
Est. Lease + Battery
5.8 yrs
Payback Period
$39,619
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
$125
Annual Cost
$1,500
25-Year Cost (No Solar)
$82,297
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Malden
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$5/mo |
| 5-Year Cost | $8,100 | $5,820 |
| 25-Year Cost | $82,297 | $42,678 |
| 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
$39,619
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,435
Year 5
$8,456
$1,162
Year 10
$19,771
$9,364
Year 15
$34,914
$18,677
Year 20
$55,178
$29,564
Year 25
$82,297
$42,678
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,435 | $65 |
| Year 2 | $3,090 | -$3,370 | $6,460 |
| Year 3 | $4,775 | -$1,886 | $6,662 |
| Year 4 | $6,562 | -$377 | $6,939 |
| Year 5 | $8,456 | $1,162 | $7,294 |
| Year 6 | $10,463 | $2,731 | $7,732 |
| Year 7 | $12,591 | $4,333 | $8,257 |
| Year 8 | $14,846 | $5,971 | $8,875 |
| Year 9 | $17,237 | $7,647 | $9,590 |
| Year 10 | $19,771 | $9,364 | $10,407 |
| Year 11 | $22,457 | $11,125 | $11,332 |
| Year 12 | $25,305 | $12,933 | $12,371 |
| Year 13 | $28,323 | $14,792 | $13,531 |
| Year 14 | $31,523 | $16,705 | $14,817 |
| Year 15 | $34,914 | $18,677 | $16,237 |
| Year 16 | $38,509 | $20,710 | $17,798 |
| Year 17 | $42,319 | $22,811 | $19,508 |
| Year 18 | $46,358 | $24,983 | $21,375 |
| Year 19 | $50,640 | $27,233 | $23,407 |
| Year 20 | $55,178 | $29,564 | $25,614 |
| Year 21 | $59,989 | $31,984 | $28,005 |
| Year 22 | $65,088 | $34,498 | $30,590 |
| Year 23 | $70,494 | $37,114 | $33,380 |
| Year 24 | $76,223 | $39,838 | $36,386 |
| Year 25 | $82,297 | $42,678 | $39,619 |
Start Saving in Malden
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