How Much Can Solar Save in Menominee?
Real numbers based on current ComEd rates and Illinois incentives.
$169
Current Bill/mo
$155
Est. Lease + Battery
6.2 yrs
Payback Period
$53,446
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
$169
Annual Cost
$2,028
25-Year Cost (No Solar)
$111,265
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 Menominee
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $169/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-4/mo |
| 5-Year Cost | $10,951 | $8,940 |
| 25-Year Cost | $111,265 | $57,819 |
| 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
$53,446
Without Solar
With Solar
Year 1
$2,028
$2,081
Year 2Payback Year
$4,178
-$5,492
Year 5
$11,432
$1,011
Year 10
$26,731
$12,611
Year 15
$47,204
$25,525
Year 20
$74,601
$40,326
Year 25
$111,265
$57,819
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,028 | $2,081 | -$53 |
| Year 2Payback | $4,178 | -$5,492 | $9,670 |
| Year 3 | $6,456 | -$3,356 | $9,812 |
| Year 4 | $8,872 | -$1,189 | $10,061 |
| Year 5 | $11,432 | $1,011 | $10,421 |
| Year 6 | $14,146 | $3,247 | $10,899 |
| Year 7 | $17,023 | $5,522 | $11,500 |
| Year 8 | $20,072 | $7,839 | $12,233 |
| Year 9 | $23,304 | $10,201 | $13,103 |
| Year 10 | $26,731 | $12,611 | $14,120 |
| Year 11 | $30,362 | $15,073 | $15,289 |
| Year 12 | $34,212 | $17,591 | $16,621 |
| Year 13 | $38,293 | $20,170 | $18,123 |
| Year 14 | $42,619 | $22,813 | $19,806 |
| Year 15 | $47,204 | $25,525 | $21,678 |
| Year 16 | $52,064 | $28,313 | $23,751 |
| Year 17 | $57,216 | $31,180 | $26,035 |
| Year 18 | $62,677 | $34,134 | $28,543 |
| Year 19 | $68,465 | $37,181 | $31,285 |
| Year 20 | $74,601 | $40,326 | $34,275 |
| Year 21 | $81,105 | $43,579 | $37,527 |
| Year 22 | $88,000 | $46,946 | $41,054 |
| Year 23 | $95,308 | $50,435 | $44,872 |
| Year 24 | $103,054 | $54,056 | $48,998 |
| Year 25 | $111,265 | $57,819 | $53,446 |
Start Saving in Menominee
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