How Much Can Solar Save in New Lenox?
Real numbers based on current ComEd rates and Illinois incentives.
$203
Current Bill/mo
$172
Est. Lease + Battery
6.9 yrs
Payback Period
$60,304
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
$203
Annual Cost
$2,436
25-Year Cost (No Solar)
$133,650
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 New Lenox
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $203/mo | $193/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-19/mo |
| 5-Year Cost | $13,154 | $11,580 |
| 25-Year Cost | $133,650 | $73,346 |
| 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
$60,304
Without Solar
With Solar
Year 1
$2,436
$2,660
Year 2Payback Year
$5,018
-$6,230
Year 5
$13,732
$2,059
Year 10
$32,108
$16,780
Year 15
$56,700
$33,066
Year 20
$89,610
$51,601
Year 25
$133,650
$73,346
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,436 | $2,660 | -$224 |
| Year 2Payback | $5,018 | -$6,230 | $11,248 |
| Year 3 | $7,755 | -$3,505 | $11,260 |
| Year 4 | $10,657 | -$743 | $11,400 |
| Year 5 | $13,732 | $2,059 | $11,673 |
| Year 6 | $16,992 | $4,903 | $12,088 |
| Year 7 | $20,447 | $7,794 | $12,653 |
| Year 8 | $24,110 | $10,735 | $13,376 |
| Year 9 | $27,993 | $13,729 | $14,264 |
| Year 10 | $32,108 | $16,780 | $15,328 |
| Year 11 | $36,471 | $19,894 | $16,577 |
| Year 12 | $41,095 | $23,074 | $18,021 |
| Year 13 | $45,997 | $26,326 | $19,671 |
| Year 14 | $51,193 | $29,655 | $21,538 |
| Year 15 | $56,700 | $33,066 | $23,634 |
| Year 16 | $62,538 | $36,567 | $25,971 |
| Year 17 | $68,727 | $40,164 | $28,563 |
| Year 18 | $75,286 | $43,863 | $31,423 |
| Year 19 | $82,239 | $47,673 | $34,566 |
| Year 20 | $89,610 | $51,601 | $38,009 |
| Year 21 | $97,422 | $55,656 | $41,766 |
| Year 22 | $105,704 | $59,848 | $45,855 |
| Year 23 | $114,482 | $64,187 | $50,295 |
| Year 24 | $123,787 | $68,682 | $55,105 |
| Year 25 | $133,650 | $73,346 | $60,304 |
Start Saving in New Lenox
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