How Much Can Solar Save in Midlothian?

Real numbers based on current ComEd rates and Illinois incentives.

$151
Current Bill/mo
$145
Est. Lease + Battery
5.4 yrs
Payback Period
$51,752
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

$151

Annual Cost

$1,812

25-Year Cost (No Solar)

$99,414

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 Midlothian

MetricWithout SolarWith Solar
Monthly Cost$151/mo$114/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$14/mo
5-Year Cost$9,785$6,840
25-Year Cost$99,414$47,662
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

$51,752

Without Solar
With Solar
Year 1Payback Year
$1,812
$1,639
Year 5
$10,214
$1,054
Year 10
$23,884
$10,340
Year 15
$42,176
$20,823
Year 20
$66,655
$33,021
Year 25
$99,414
$47,663
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$1,812$1,639$173
Year 2$3,733-$4,100$7,833
Year 3$5,769-$2,411$8,180
Year 4$7,927-$694$8,620
Year 5$10,214$1,054$9,160
Year 6$12,639$2,835$9,804
Year 7$15,210$4,651$10,558
Year 8$17,934$6,506$11,429
Year 9$20,822$8,401$12,421
Year 10$23,884$10,340$13,543
Year 11$27,129$12,327$14,802
Year 12$30,568$14,365$16,204
Year 13$34,214$16,457$17,757
Year 14$38,079$18,608$19,471
Year 15$42,176$20,823$21,353
Year 16$46,519$23,106$23,413
Year 17$51,122$25,461$25,661
Year 18$56,001$27,895$28,106
Year 19$61,173$30,413$30,760
Year 20$66,655$33,021$33,634
Year 21$72,467$35,726$36,741
Year 22$78,627$38,535$40,092
Year 23$85,156$41,455$43,701
Year 24$92,078$44,495$47,583
Year 25$99,414$47,663$51,752

Start Saving in Midlothian

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ComEd rates projected to rise again next year. Lock in savings now.