How Much Can Solar Save in Neponset?
Real numbers based on current ComEd rates and Illinois incentives.
$118
Current Bill/mo
$131
Est. Lease + Battery
5.6 yrs
Payback Period
$41,257
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
$118
Annual Cost
$1,416
25-Year Cost (No Solar)
$77,688
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Neponset
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $118/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$8/mo |
| 5-Year Cost | $7,646 | $5,820 |
| 25-Year Cost | $77,688 | $36,431 |
| 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
$41,257
Without Solar
With Solar
Year 1Payback Year
$1,416
$1,319
Year 5
$7,982
$509
Year 10
$18,664
$7,844
Year 15
$32,959
$16,003
Year 20
$52,088
$25,357
Year 25
$77,688
$36,432
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,416 | $1,319 | $97 |
| Year 2 | $2,917 | -$3,609 | $6,526 |
| Year 3 | $4,508 | -$2,256 | $6,764 |
| Year 4 | $6,194 | -$884 | $7,078 |
| Year 5 | $7,982 | $509 | $7,473 |
| Year 6 | $9,877 | $1,924 | $7,953 |
| Year 7 | $11,886 | $3,363 | $8,523 |
| Year 8 | $14,015 | $4,828 | $9,187 |
| Year 9 | $16,272 | $6,321 | $9,951 |
| Year 10 | $18,664 | $7,844 | $10,820 |
| Year 11 | $21,200 | $9,400 | $11,800 |
| Year 12 | $23,888 | $10,991 | $12,897 |
| Year 13 | $26,737 | $12,619 | $14,118 |
| Year 14 | $29,757 | $14,289 | $15,468 |
| Year 15 | $32,959 | $16,003 | $16,956 |
| Year 16 | $36,352 | $17,764 | $18,588 |
| Year 17 | $39,949 | $19,576 | $20,374 |
| Year 18 | $43,762 | $21,442 | $22,320 |
| Year 19 | $47,804 | $23,368 | $24,436 |
| Year 20 | $52,088 | $25,357 | $26,731 |
| Year 21 | $56,630 | $27,414 | $29,215 |
| Year 22 | $61,443 | $29,545 | $31,899 |
| Year 23 | $66,546 | $31,754 | $34,792 |
| Year 24 | $71,955 | $34,047 | $37,908 |
| Year 25 | $77,688 | $36,432 | $41,257 |
Start Saving in Neponset
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