How Much Can Solar Save in Mundelein?
Real numbers based on current ComEd rates and Illinois incentives.
$178
Current Bill/mo
$160
Est. Lease + Battery
7.7 yrs
Payback Period
$47,082
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
$178
Annual Cost
$2,136
25-Year Cost (No Solar)
$117,191
Your Solar Investment
11 kW System
$31,900
$17,019
After All IL Incentives
DG Rebate ($300/kW)-$3,300
Illinois Shines RECs (lump sum, ~18 mo)-$11,581
With vs Without Solar in Mundelein
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $178/mo | $193/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-40/mo |
| 5-Year Cost | $11,534 | $11,580 |
| 25-Year Cost | $117,191 | $70,109 |
| 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
$47,082
Without Solar
With Solar
Year 1
$2,136
$2,619
Year 2Payback Year
$4,400
-$6,315
Year 5
$12,041
$1,816
Year 10
$28,154
$16,163
Year 15
$49,717
$31,887
Year 20
$78,574
$49,587
Year 25
$117,191
$70,109
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,136 | $2,619 | -$483 |
| Year 2Payback | $4,400 | -$6,315 | $10,715 |
| Year 3 | $6,800 | -$3,638 | $10,438 |
| Year 4 | $9,344 | -$929 | $10,273 |
| Year 5 | $12,041 | $1,816 | $10,225 |
| Year 6 | $14,899 | $4,597 | $10,302 |
| Year 7 | $17,929 | $7,420 | $10,509 |
| Year 8 | $21,141 | $10,286 | $10,855 |
| Year 9 | $24,545 | $13,199 | $11,346 |
| Year 10 | $28,154 | $16,163 | $11,991 |
| Year 11 | $31,979 | $19,182 | $12,798 |
| Year 12 | $36,034 | $22,259 | $13,776 |
| Year 13 | $40,332 | $25,399 | $14,934 |
| Year 14 | $44,888 | $28,606 | $16,282 |
| Year 15 | $49,717 | $31,887 | $17,830 |
| Year 16 | $54,837 | $35,246 | $19,591 |
| Year 17 | $60,263 | $38,689 | $21,574 |
| Year 18 | $66,014 | $42,222 | $23,792 |
| Year 19 | $72,111 | $45,853 | $26,259 |
| Year 20 | $78,574 | $49,587 | $28,987 |
| Year 21 | $85,424 | $53,434 | $31,991 |
| Year 22 | $92,686 | $57,400 | $35,286 |
| Year 23 | $100,383 | $61,495 | $38,888 |
| Year 24 | $108,542 | $65,728 | $42,814 |
| Year 25 | $117,191 | $70,109 | $47,082 |
Start Saving in Mundelein
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