How Much Can Solar Save in Manhattan?
Real numbers based on current ComEd rates and Illinois incentives.
$185
Current Bill/mo
$162
Est. Lease + Battery
5.8 yrs
Payback Period
$60,948
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
$185
Annual Cost
$2,220
25-Year Cost (No Solar)
$121,799
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Manhattan
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $185/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $11,988 | $8,940 |
| 25-Year Cost | $121,799 | $60,851 |
| 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
$60,948
Without Solar
With Solar
Year 1Payback Year
$2,220
$2,125
Year 5
$12,514
$1,272
Year 10
$29,261
$13,249
Year 15
$51,673
$26,702
Year 20
$81,664
$42,271
Year 25
$121,799
$60,852
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,220 | $2,125 | $95 |
| Year 2 | $4,573 | -$5,399 | $9,972 |
| Year 3 | $7,068 | -$3,211 | $10,279 |
| Year 4 | $9,712 | -$988 | $10,700 |
| Year 5 | $12,514 | $1,272 | $11,242 |
| Year 6 | $15,485 | $3,573 | $11,912 |
| Year 7 | $18,634 | $5,918 | $12,716 |
| Year 8 | $21,972 | $8,310 | $13,663 |
| Year 9 | $25,511 | $10,752 | $14,759 |
| Year 10 | $29,261 | $13,249 | $16,013 |
| Year 11 | $33,237 | $15,804 | $17,433 |
| Year 12 | $37,451 | $18,422 | $19,030 |
| Year 13 | $41,918 | $21,107 | $20,811 |
| Year 14 | $46,653 | $23,866 | $22,788 |
| Year 15 | $51,673 | $26,702 | $24,971 |
| Year 16 | $56,993 | $29,622 | $27,371 |
| Year 17 | $62,633 | $32,632 | $30,000 |
| Year 18 | $68,611 | $35,739 | $32,872 |
| Year 19 | $74,947 | $38,949 | $35,998 |
| Year 20 | $81,664 | $42,271 | $39,393 |
| Year 21 | $88,784 | $45,712 | $43,072 |
| Year 22 | $96,331 | $49,281 | $47,050 |
| Year 23 | $104,331 | $52,987 | $51,344 |
| Year 24 | $112,811 | $56,840 | $55,970 |
| Year 25 | $121,799 | $60,852 | $60,948 |
Start Saving in Manhattan
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