How Much Can Solar Save in Malta?
Real numbers based on current ComEd rates and Illinois incentives.
$148
Current Bill/mo
$142
Est. Lease + Battery
6.1 yrs
Payback Period
$45,731
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
$148
Annual Cost
$1,776
25-Year Cost (No Solar)
$97,439
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 Malta
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $148/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-1/mo |
| 5-Year Cost | $9,590 | $7,380 |
| 25-Year Cost | $97,439 | $51,708 |
| 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
$45,731
Without Solar
With Solar
Year 1
$1,776
$1,786
Year 2Payback Year
$3,659
-$4,374
Year 5
$10,011
$1,241
Year 10
$23,409
$11,348
Year 15
$41,338
$22,732
Year 20
$65,331
$35,934
Year 25
$97,439
$51,709
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,776 | $1,786 | -$10 |
| Year 2Payback | $3,659 | -$4,374 | $8,033 |
| Year 3 | $5,654 | -$2,534 | $8,188 |
| Year 4 | $7,769 | -$663 | $8,432 |
| Year 5 | $10,011 | $1,241 | $8,770 |
| Year 6 | $12,388 | $3,181 | $9,207 |
| Year 7 | $14,907 | $5,158 | $9,749 |
| Year 8 | $17,578 | $7,177 | $10,401 |
| Year 9 | $20,409 | $9,239 | $11,170 |
| Year 10 | $23,409 | $11,348 | $12,061 |
| Year 11 | $26,590 | $13,508 | $13,082 |
| Year 12 | $29,961 | $15,722 | $14,239 |
| Year 13 | $33,535 | $17,995 | $15,540 |
| Year 14 | $37,323 | $20,330 | $16,993 |
| Year 15 | $41,338 | $22,732 | $18,606 |
| Year 16 | $45,594 | $25,207 | $20,388 |
| Year 17 | $50,106 | $27,758 | $22,348 |
| Year 18 | $54,888 | $30,392 | $24,496 |
| Year 19 | $59,958 | $33,116 | $26,842 |
| Year 20 | $65,331 | $35,934 | $29,397 |
| Year 21 | $71,027 | $38,854 | $32,173 |
| Year 22 | $77,065 | $41,884 | $35,181 |
| Year 23 | $83,465 | $45,031 | $38,434 |
| Year 24 | $90,248 | $48,303 | $41,946 |
| Year 25 | $97,439 | $51,709 | $45,731 |
Start Saving in Malta
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