How Much Can Solar Save in Morton Grove?

Real numbers based on current ComEd rates and Illinois incentives.

$205

Current Bill/mo

$173

Est. Lease + Battery

26+ yrs

Years of Pure Profit

$75,081

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

$205

Annual Cost

$2,460

25-Year Cost (No Solar)

$134,967

Your Solar Investment

9 kW System

$24,750

$9,959

After All IL Incentives

DG Rebate ($300/kW)-$2,700

Illinois Shines RECs (lump sum, ~18 mo)-$12,091

With vs Without Solar in Morton Grove

Metric	Without Solar	With Solar
Monthly Cost	$205/mo	$149/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$27/mo
5-Year Cost	$13,284	$8,940
25-Year Cost	$134,967	$59,886
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

$75,081

Without Solar

With Solar

Year 1Profit Starts Here

$2,460

$2,133

Year 5

$13,867

-$1,079

Year 10

$32,425

$11,027

Year 15

$57,259

$24,716

Year 20

$90,493

$40,678

Year 25

$134,967

$59,886

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,460	$2,133	$327
Year 2	$5,068	-$7,793	$12,860
Year 3	$7,832	-$5,593	$13,425
Year 4	$10,762	-$3,356	$14,117
Year 5	$13,867	-$1,079	$14,946
Year 6	$17,159	$1,242	$15,918
Year 7	$20,649	$3,609	$17,040
Year 8	$24,348	$6,026	$18,322
Year 9	$28,269	$8,498	$19,771
Year 10	$32,425	$11,027	$21,397
Year 11	$36,830	$13,620	$23,211
Year 12	$41,500	$16,279	$25,221
Year 13	$46,450	$19,012	$27,438
Year 14	$51,697	$21,822	$29,875
Year 15	$57,259	$24,716	$32,543
Year 16	$63,154	$27,700	$35,454
Year 17	$69,404	$30,781	$38,623
Year 18	$76,028	$33,966	$42,062
Year 19	$83,050	$37,262	$45,787
Year 20	$90,493	$40,678	$49,814
Year 21	$98,382	$44,223	$54,159
Year 22	$106,745	$47,906	$58,839
Year 23	$115,610	$51,737	$63,873
Year 24	$125,006	$55,726	$69,280
Year 25	$134,967	$59,886	$75,081

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Morton Grove

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

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Or call (618) 217-2001|Info@ltdsolarconsulting.com