How Much Can Solar Save in Mount Prospect?

Real numbers based on current ComEd rates and Illinois incentives.

$206
Current Bill/mo
$171
Est. Lease + Battery
5.6 yrs
Payback Period
$68,498
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

$206

Annual Cost

$2,472

25-Year Cost (No Solar)

$135,625

Your Solar Investment

9 kW System

$26,100

$13,151

After All IL Incentives

DG Rebate ($300/kW)-$2,700
Illinois Shines RECs (lump sum, ~18 mo)-$10,249

With vs Without Solar in Mount Prospect

MetricWithout SolarWith Solar
Monthly Cost$206/mo$158/mo (loan)
Monthly Cash Flow-$0 (all to utility)+$15/mo
5-Year Cost$13,349$9,480
25-Year Cost$135,625$67,127
Rate ControlNone — utility sets ratesFixed at $0.10/kWh (avg.) for 15 years
Home Value ImpactNone+$15,000–$25,000 (tax-exempt)

Your Solar Savings Over Time

Estimated 25-Year Total Savings

$68,498

Without Solar
With Solar
Year 1Payback Year
$2,472
$2,294
Year 5
$13,935
$1,597
Year 10
$32,583
$14,628
Year 15
$57,538
$29,358
Year 20
$90,934
$46,518
Year 25
$135,625
$67,127
YearWithout SolarWith SolarCumulative Savings
Year 1Payback$2,472$2,294$178
Year 2$5,092-$5,626$10,719
Year 3$7,870-$3,260$11,130
Year 4$10,814-$853$11,667
Year 5$13,935$1,597$12,337
Year 6$17,243$4,095$13,148
Year 7$20,750$6,642$14,107
Year 8$24,467$9,244$15,222
Year 9$28,407$11,905$16,502
Year 10$32,583$14,628$17,955
Year 11$37,010$17,418$19,592
Year 12$41,702$20,280$21,422
Year 13$46,677$23,221$23,456
Year 14$51,949$26,245$25,704
Year 15$57,538$29,358$28,180
Year 16$63,462$32,568$30,894
Year 17$69,742$35,881$33,861
Year 18$76,399$39,305$37,094
Year 19$83,455$42,848$40,607
Year 20$90,934$46,518$44,416
Year 21$98,862$50,325$48,537
Year 22$107,266$54,278$52,988
Year 23$116,174$58,389$57,785
Year 24$125,616$62,668$62,949
Year 25$135,625$67,127$68,498

Start Saving in Mount Prospect

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ComEd rates projected to rise again next year. Lock in savings now.