How Much Can Solar Save in Minooka?
Real numbers based on current ComEd rates and Illinois incentives.
$176
Current Bill/mo
$159
Est. Lease + Battery
5.7 yrs
Payback Period
$59,520
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
$176
Annual Cost
$2,112
25-Year Cost (No Solar)
$115,874
Your Solar Investment
8 kW System
$23,200
$11,690
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110
With vs Without Solar in Minooka
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $176/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $11,405 | $8,400 |
| 25-Year Cost | $115,874 | $56,354 |
| 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
$59,520
Without Solar
With Solar
Year 1Payback Year
$2,112
$1,981
Year 5
$11,906
$1,089
Year 10
$27,838
$12,223
Year 15
$49,159
$24,710
Year 20
$77,691
$39,143
Year 25
$115,874
$56,354
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,112 | $1,981 | $131 |
| Year 2 | $4,351 | -$5,121 | $9,472 |
| Year 3 | $6,724 | -$3,084 | $9,808 |
| Year 4 | $9,239 | -$1,015 | $10,254 |
| Year 5 | $11,906 | $1,089 | $10,817 |
| Year 6 | $14,732 | $3,229 | $11,502 |
| Year 7 | $17,728 | $5,410 | $12,318 |
| Year 8 | $20,903 | $7,633 | $13,270 |
| Year 9 | $24,270 | $9,903 | $14,366 |
| Year 10 | $27,838 | $12,223 | $15,615 |
| Year 11 | $31,620 | $14,596 | $17,024 |
| Year 12 | $35,629 | $17,027 | $18,603 |
| Year 13 | $39,879 | $19,520 | $20,359 |
| Year 14 | $44,384 | $22,079 | $22,305 |
| Year 15 | $49,159 | $24,710 | $24,448 |
| Year 16 | $54,220 | $27,419 | $26,802 |
| Year 17 | $59,586 | $30,210 | $29,376 |
| Year 18 | $65,273 | $33,090 | $32,183 |
| Year 19 | $71,301 | $36,065 | $35,236 |
| Year 20 | $77,691 | $39,143 | $38,548 |
| Year 21 | $84,465 | $42,331 | $42,133 |
| Year 22 | $91,645 | $45,638 | $46,007 |
| Year 23 | $99,255 | $49,071 | $50,185 |
| Year 24 | $107,322 | $52,639 | $54,683 |
| Year 25 | $115,874 | $56,354 | $59,520 |
Start Saving in Minooka
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