How Much Can Solar Save in Momence?
Real numbers based on current ComEd rates and Illinois incentives.
$142
Current Bill/mo
$143
Est. Lease + Battery
5.2 yrs
Payback Period
$51,601
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
$142
Annual Cost
$1,704
25-Year Cost (No Solar)
$93,489
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 Momence
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $142/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$20/mo |
| 5-Year Cost | $9,202 | $6,300 |
| 25-Year Cost | $93,489 | $41,888 |
| 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
$51,601
Without Solar
With Solar
Year 1Payback Year
$1,704
$1,469
Year 5
$9,606
$730
Year 10
$22,460
$8,991
Year 15
$39,662
$18,270
Year 20
$62,683
$29,022
Year 25
$93,489
$41,888
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,704 | $1,469 | $235 |
| Year 2 | $3,510 | -$3,875 | $7,385 |
| Year 3 | $5,425 | -$2,364 | $7,789 |
| Year 4 | $7,454 | -$830 | $8,284 |
| Year 5 | $9,606 | $730 | $8,875 |
| Year 6 | $11,886 | $2,318 | $9,568 |
| Year 7 | $14,303 | $3,936 | $10,367 |
| Year 8 | $16,865 | $5,585 | $11,280 |
| Year 9 | $19,581 | $7,270 | $12,312 |
| Year 10 | $22,460 | $8,991 | $13,469 |
| Year 11 | $25,512 | $10,753 | $14,758 |
| Year 12 | $28,746 | $12,559 | $16,187 |
| Year 13 | $32,175 | $14,411 | $17,764 |
| Year 14 | $35,810 | $16,314 | $19,496 |
| Year 15 | $39,662 | $18,270 | $21,392 |
| Year 16 | $43,746 | $20,285 | $23,461 |
| Year 17 | $48,075 | $22,363 | $25,712 |
| Year 18 | $52,663 | $24,508 | $28,155 |
| Year 19 | $57,527 | $26,726 | $30,801 |
| Year 20 | $62,683 | $29,022 | $33,661 |
| Year 21 | $68,148 | $31,401 | $36,746 |
| Year 22 | $73,940 | $33,871 | $40,070 |
| Year 23 | $80,081 | $36,437 | $43,644 |
| Year 24 | $86,590 | $39,107 | $47,483 |
| Year 25 | $93,489 | $41,888 | $51,601 |
Start Saving in Momence
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