How Much Can Solar Save in McCullom Lake?

Real numbers based on current ComEd rates and Illinois incentives.

$143
Current Bill/mo
$141
Est. Lease + Battery
6.5 yrs
Payback Period
$43,143
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

$143

Annual Cost

$1,716

25-Year Cost (No Solar)

$94,148

Your Solar Investment

7.5 kW System

$21,750

$10,959

After All IL Incentives

DG Rebate ($300/kW)-$2,250
Illinois Shines RECs (lump sum, ~18 mo)-$8,541

With vs Without Solar in McCullom Lake

MetricWithout SolarWith Solar
Monthly Cost$143/mo$132/mo (loan)
Monthly Cash Flow-$0 (all to utility)$-10/mo
5-Year Cost$9,266$7,920
25-Year Cost$94,148$51,005
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$43,143

Without Solar
With Solar
Year 1
$1,716
$1,841
Year 2Payback Year
$3,535
-$4,835
Year 5
$9,673
$918
Year 10
$22,618
$11,173
Year 15
$39,942
$22,576
Year 20
$63,124
$35,621
Year 25
$94,148
$51,004
YearWithout SolarWith SolarCumulative Savings
Year 1$1,716$1,841-$125
Year 2Payback$3,535-$4,835$8,370
Year 3$5,463-$2,945$8,408
Year 4$7,507-$1,028$8,535
Year 5$9,673$918$8,755
Year 6$11,970$2,896$9,074
Year 7$14,404$4,908$9,496
Year 8$16,984$6,956$10,028
Year 9$19,719$9,044$10,676
Year 10$22,618$11,173$11,445
Year 11$25,691$13,349$12,343
Year 12$28,949$15,573$13,376
Year 13$32,402$17,849$14,552
Year 14$36,062$20,182$15,879
Year 15$39,942$22,576$17,365
Year 16$44,054$25,035$19,019
Year 17$48,413$27,563$20,850
Year 18$53,034$30,167$22,867
Year 19$57,932$32,851$25,081
Year 20$63,124$35,621$27,503
Year 21$68,628$38,484$30,143
Year 22$74,461$41,447$33,015
Year 23$80,645$44,515$36,129
Year 24$87,200$47,699$39,501
Year 25$94,148$51,004$43,143

Start Saving in McCullom Lake

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