How Much Can Solar Save in Merrionette Park?
Real numbers based on current ComEd rates and Illinois incentives.
$140
Current Bill/mo
$140
Est. Lease + Battery
5.4 yrs
Payback Period
$47,954
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
$140
Annual Cost
$1,680
25-Year Cost (No Solar)
$92,172
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 Merrionette Park
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $140/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$14/mo |
| 5-Year Cost | $9,072 | $6,300 |
| 25-Year Cost | $92,172 | $44,218 |
| 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
$47,954
Without Solar
With Solar
Year 1Payback Year
$1,680
$1,516
Year 5
$9,470
$995
Year 10
$22,144
$9,596
Year 15
$39,104
$19,313
Year 20
$61,800
$30,628
Year 25
$92,172
$44,219
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,680 | $1,516 | $164 |
| Year 2 | $3,461 | -$3,777 | $7,238 |
| Year 3 | $5,348 | -$2,214 | $7,562 |
| Year 4 | $7,349 | -$624 | $7,973 |
| Year 5 | $9,470 | $995 | $8,476 |
| Year 6 | $11,719 | $2,644 | $9,075 |
| Year 7 | $14,102 | $4,326 | $9,776 |
| Year 8 | $16,628 | $6,043 | $10,585 |
| Year 9 | $19,305 | $7,799 | $11,507 |
| Year 10 | $22,144 | $9,596 | $12,548 |
| Year 11 | $25,152 | $11,437 | $13,716 |
| Year 12 | $28,342 | $13,325 | $15,016 |
| Year 13 | $31,722 | $15,265 | $16,457 |
| Year 14 | $35,305 | $17,259 | $18,046 |
| Year 15 | $39,104 | $19,313 | $19,791 |
| Year 16 | $43,130 | $21,429 | $21,701 |
| Year 17 | $47,398 | $23,614 | $23,784 |
| Year 18 | $51,921 | $25,872 | $26,050 |
| Year 19 | $56,717 | $28,208 | $28,509 |
| Year 20 | $61,800 | $30,628 | $31,172 |
| Year 21 | $67,188 | $33,138 | $34,050 |
| Year 22 | $72,899 | $35,745 | $37,154 |
| Year 23 | $78,953 | $38,456 | $40,497 |
| Year 24 | $85,370 | $41,278 | $44,093 |
| Year 25 | $92,172 | $44,219 | $47,954 |
Start Saving in Merrionette Park
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