How Much Can Solar Save in Morrison?
Real numbers based on current ComEd rates and Illinois incentives.
$131
Current Bill/mo
$135
Est. Lease + Battery
6.6 yrs
Payback Period
$38,855
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
$131
Annual Cost
$1,572
25-Year Cost (No Solar)
$86,247
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 Morrison
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $131/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-12/mo |
| 5-Year Cost | $8,489 | $7,380 |
| 25-Year Cost | $86,247 | $47,392 |
| 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
$38,855
Without Solar
With Solar
Year 1
$1,572
$1,717
Year 2Payback Year
$3,238
-$4,517
Year 5
$8,862
$844
Year 10
$20,720
$10,394
Year 15
$36,590
$21,002
Year 20
$57,827
$33,121
Year 25
$86,247
$47,392
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,572 | $1,717 | -$145 |
| Year 2Payback | $3,238 | -$4,517 | $7,755 |
| Year 3 | $5,005 | -$2,756 | $7,760 |
| Year 4 | $6,877 | -$969 | $7,846 |
| Year 5 | $8,862 | $844 | $8,017 |
| Year 6 | $10,965 | $2,687 | $8,278 |
| Year 7 | $13,195 | $4,561 | $8,634 |
| Year 8 | $15,559 | $6,468 | $9,091 |
| Year 9 | $18,064 | $8,412 | $9,653 |
| Year 10 | $20,720 | $10,394 | $10,326 |
| Year 11 | $23,535 | $12,419 | $11,117 |
| Year 12 | $26,520 | $14,488 | $12,031 |
| Year 13 | $29,683 | $16,606 | $13,077 |
| Year 14 | $33,036 | $18,776 | $14,260 |
| Year 15 | $36,590 | $21,002 | $15,588 |
| Year 16 | $40,357 | $23,287 | $17,070 |
| Year 17 | $44,351 | $25,637 | $18,714 |
| Year 18 | $48,584 | $28,056 | $20,528 |
| Year 19 | $53,071 | $30,548 | $22,522 |
| Year 20 | $57,827 | $33,121 | $24,706 |
| Year 21 | $62,869 | $35,778 | $27,090 |
| Year 22 | $68,213 | $38,528 | $29,685 |
| Year 23 | $73,877 | $41,375 | $32,503 |
| Year 24 | $79,882 | $44,327 | $35,555 |
| Year 25 | $86,247 | $47,392 | $38,855 |
Start Saving in Morrison
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