How Much Can Solar Save in McNabb?
Real numbers based on current ComEd rates and Illinois incentives.
$133
Current Bill/mo
$138
Est. Lease + Battery
5.6 yrs
Payback Period
$45,564
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
$133
Annual Cost
$1,596
25-Year Cost (No Solar)
$87,564
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in McNabb
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $133/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$10/mo |
| 5-Year Cost | $8,618 | $6,300 |
| 25-Year Cost | $87,564 | $42,000 |
| 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
$45,564
Without Solar
With Solar
Year 1Payback Year
$1,596
$1,479
Year 5
$8,997
$783
Year 10
$21,037
$9,092
Year 15
$37,148
$18,406
Year 20
$58,710
$29,168
Year 25
$87,564
$42,000
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,596 | $1,479 | $117 |
| Year 2 | $3,288 | -$3,854 | $7,142 |
| Year 3 | $5,081 | -$2,333 | $7,414 |
| Year 4 | $6,982 | -$788 | $7,770 |
| Year 5 | $8,997 | $783 | $8,214 |
| Year 6 | $11,133 | $2,381 | $8,752 |
| Year 7 | $13,397 | $4,008 | $9,389 |
| Year 8 | $15,796 | $5,667 | $10,129 |
| Year 9 | $18,340 | $7,361 | $10,979 |
| Year 10 | $21,037 | $9,092 | $11,945 |
| Year 11 | $23,895 | $10,862 | $13,033 |
| Year 12 | $26,924 | $12,675 | $14,249 |
| Year 13 | $30,136 | $14,535 | $15,601 |
| Year 14 | $33,540 | $16,444 | $17,096 |
| Year 15 | $37,148 | $18,406 | $18,742 |
| Year 16 | $40,973 | $20,426 | $20,547 |
| Year 17 | $45,028 | $22,507 | $22,521 |
| Year 18 | $49,325 | $24,655 | $24,671 |
| Year 19 | $53,881 | $26,873 | $27,008 |
| Year 20 | $58,710 | $29,168 | $29,542 |
| Year 21 | $63,828 | $31,545 | $32,283 |
| Year 22 | $69,254 | $34,010 | $35,244 |
| Year 23 | $75,005 | $36,569 | $38,436 |
| Year 24 | $81,102 | $39,230 | $41,872 |
| Year 25 | $87,564 | $42,000 | $45,564 |
Start Saving in McNabb
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