How Much Can Solar Save in Milledgeville?
Real numbers based on current ComEd rates and Illinois incentives.
$122
Current Bill/mo
$131
Est. Lease + Battery
5.6 yrs
Payback Period
$41,253
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
$122
Annual Cost
$1,464
25-Year Cost (No Solar)
$80,322
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Milledgeville
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $122/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,906 | $5,820 |
| 25-Year Cost | $80,322 | $39,069 |
| 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
$41,253
Without Solar
With Solar
Year 1Payback Year
$1,464
$1,367
Year 5
$8,253
$780
Year 10
$19,297
$8,477
Year 15
$34,076
$17,122
Year 20
$53,854
$27,125
Year 25
$80,322
$39,069
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,464 | $1,367 | $97 |
| Year 2 | $3,016 | -$3,510 | $6,525 |
| Year 3 | $4,661 | -$2,103 | $6,763 |
| Year 4 | $6,404 | -$673 | $7,078 |
| Year 5 | $8,253 | $780 | $7,473 |
| Year 6 | $10,212 | $2,259 | $7,953 |
| Year 7 | $12,289 | $3,766 | $8,522 |
| Year 8 | $14,490 | $5,303 | $9,186 |
| Year 9 | $16,823 | $6,873 | $9,950 |
| Year 10 | $19,297 | $8,477 | $10,819 |
| Year 11 | $21,918 | $10,119 | $11,799 |
| Year 12 | $24,698 | $11,802 | $12,896 |
| Year 13 | $27,643 | $13,527 | $14,116 |
| Year 14 | $30,766 | $15,299 | $15,467 |
| Year 15 | $34,076 | $17,122 | $16,954 |
| Year 16 | $37,585 | $18,998 | $18,587 |
| Year 17 | $41,304 | $20,932 | $20,372 |
| Year 18 | $45,246 | $22,928 | $22,318 |
| Year 19 | $49,425 | $24,991 | $24,434 |
| Year 20 | $53,854 | $27,125 | $26,729 |
| Year 21 | $58,549 | $29,337 | $29,213 |
| Year 22 | $63,526 | $31,630 | $31,896 |
| Year 23 | $68,802 | $34,013 | $34,789 |
| Year 24 | $74,394 | $36,490 | $37,904 |
| Year 25 | $80,322 | $39,069 | $41,253 |
Start Saving in Milledgeville
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