How Much Can Solar Save in Matteson?
Real numbers based on current ComEd rates and Illinois incentives.
$164
Current Bill/mo
$153
Est. Lease + Battery
6.3 yrs
Payback Period
$51,678
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
$164
Annual Cost
$1,968
25-Year Cost (No Solar)
$107,973
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 Matteson
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $164/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-7/mo |
| 5-Year Cost | $10,627 | $8,940 |
| 25-Year Cost | $107,973 | $56,295 |
| 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
$51,678
Without Solar
With Solar
Year 1
$1,968
$2,055
Year 2Payback Year
$4,054
-$5,544
Year 5
$11,094
$867
Year 10
$25,940
$12,267
Year 15
$45,807
$24,905
Year 20
$72,394
$39,326
Year 25
$107,973
$56,295
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,968 | $2,055 | -$87 |
| Year 2Payback | $4,054 | -$5,544 | $9,598 |
| Year 3 | $6,265 | -$3,437 | $9,703 |
| Year 4 | $8,609 | -$1,301 | $9,910 |
| Year 5 | $11,094 | $867 | $10,227 |
| Year 6 | $13,727 | $3,068 | $10,660 |
| Year 7 | $16,519 | $5,306 | $11,214 |
| Year 8 | $19,478 | $7,583 | $11,896 |
| Year 9 | $22,615 | $9,902 | $12,713 |
| Year 10 | $25,940 | $12,267 | $13,673 |
| Year 11 | $29,464 | $14,680 | $14,784 |
| Year 12 | $33,200 | $17,147 | $16,053 |
| Year 13 | $37,160 | $19,670 | $17,490 |
| Year 14 | $41,358 | $22,255 | $19,103 |
| Year 15 | $45,807 | $24,905 | $20,902 |
| Year 16 | $50,524 | $27,626 | $22,898 |
| Year 17 | $55,523 | $30,422 | $25,101 |
| Year 18 | $60,822 | $33,300 | $27,522 |
| Year 19 | $66,440 | $36,266 | $30,174 |
| Year 20 | $72,394 | $39,326 | $33,068 |
| Year 21 | $78,706 | $42,486 | $36,219 |
| Year 22 | $85,396 | $45,755 | $39,641 |
| Year 23 | $92,488 | $49,141 | $43,347 |
| Year 24 | $100,005 | $52,651 | $47,354 |
| Year 25 | $107,973 | $56,295 | $51,678 |
Start Saving in Matteson
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