How Much Can Solar Save in Maywood?
Real numbers based on current ComEd rates and Illinois incentives.
$155
Current Bill/mo
$145
Est. Lease + Battery
5.5 yrs
Payback Period
$51,451
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
$155
Annual Cost
$1,860
25-Year Cost (No Solar)
$102,048
Your Solar Investment
6.5 kW System
$18,850
$9,498
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$7,402
With vs Without Solar in Maywood
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $155/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $10,044 | $6,840 |
| 25-Year Cost | $102,048 | $50,597 |
| 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
$51,451
Without Solar
With Solar
Year 1Payback Year
$1,860
$1,693
Year 5
$10,485
$1,358
Year 10
$24,516
$11,049
Year 15
$43,293
$22,072
Year 20
$68,421
$34,992
Year 25
$102,048
$50,597
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,860 | $1,693 | $167 |
| Year 2 | $3,832 | -$3,989 | $7,821 |
| Year 3 | $5,921 | -$2,240 | $8,161 |
| Year 4 | $8,137 | -$458 | $8,595 |
| Year 5 | $10,485 | $1,358 | $9,127 |
| Year 6 | $12,974 | $3,211 | $9,763 |
| Year 7 | $15,613 | $5,103 | $10,509 |
| Year 8 | $18,409 | $7,038 | $11,371 |
| Year 9 | $21,374 | $9,019 | $12,355 |
| Year 10 | $24,516 | $11,049 | $13,467 |
| Year 11 | $27,847 | $13,132 | $14,716 |
| Year 12 | $31,378 | $15,271 | $16,107 |
| Year 13 | $35,121 | $17,471 | $17,650 |
| Year 14 | $39,088 | $19,737 | $19,351 |
| Year 15 | $43,293 | $22,072 | $21,221 |
| Year 16 | $47,751 | $24,483 | $23,268 |
| Year 17 | $52,476 | $26,974 | $25,502 |
| Year 18 | $57,485 | $29,552 | $27,932 |
| Year 19 | $62,794 | $32,222 | $30,571 |
| Year 20 | $68,421 | $34,992 | $33,429 |
| Year 21 | $74,386 | $37,868 | $36,518 |
| Year 22 | $80,710 | $40,858 | $39,851 |
| Year 23 | $87,412 | $43,971 | $43,442 |
| Year 24 | $94,517 | $47,214 | $47,303 |
| Year 25 | $102,048 | $50,597 | $51,451 |
Start Saving in Maywood
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