How Much Can Solar Save in Morris?
Real numbers based on current ComEd rates and Illinois incentives.
$166
Current Bill/mo
$152
Est. Lease + Battery
5.4 yrs
Payback Period
$56,875
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
$166
Annual Cost
$1,992
25-Year Cost (No Solar)
$109,290
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Morris
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $166/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$17/mo |
| 5-Year Cost | $10,757 | $7,380 |
| 25-Year Cost | $109,290 | $52,415 |
| 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
$56,875
Without Solar
With Solar
Year 1Payback Year
$1,992
$1,783
Year 5
$11,229
$1,239
Year 10
$26,256
$11,382
Year 15
$46,366
$22,868
Year 20
$73,277
$36,275
Year 25
$109,290
$52,415
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,992 | $1,783 | $209 |
| Year 2 | $4,104 | -$4,379 | $8,482 |
| Year 3 | $6,342 | -$2,539 | $8,881 |
| Year 4 | $8,714 | -$667 | $9,381 |
| Year 5 | $11,229 | $1,239 | $9,990 |
| Year 6 | $13,895 | $3,182 | $10,713 |
| Year 7 | $16,721 | $5,164 | $11,556 |
| Year 8 | $19,716 | $7,190 | $12,526 |
| Year 9 | $22,891 | $9,261 | $13,630 |
| Year 10 | $26,256 | $11,382 | $14,874 |
| Year 11 | $29,824 | $13,556 | $16,267 |
| Year 12 | $33,605 | $15,787 | $17,818 |
| Year 13 | $37,613 | $18,080 | $19,533 |
| Year 14 | $41,862 | $20,439 | $21,423 |
| Year 15 | $46,366 | $22,868 | $23,497 |
| Year 16 | $51,140 | $25,374 | $25,766 |
| Year 17 | $56,200 | $27,961 | $28,239 |
| Year 18 | $61,564 | $30,636 | $30,928 |
| Year 19 | $67,250 | $33,405 | $33,845 |
| Year 20 | $73,277 | $36,275 | $37,002 |
| Year 21 | $79,666 | $39,254 | $40,412 |
| Year 22 | $86,437 | $42,348 | $44,089 |
| Year 23 | $93,616 | $45,567 | $48,049 |
| Year 24 | $101,225 | $48,919 | $52,305 |
| Year 25 | $109,290 | $52,415 | $56,875 |
Start Saving in Morris
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