How Much Can Solar Save in New Milford?
Real numbers based on current ComEd rates and Illinois incentives.
$131
Current Bill/mo
$134
Est. Lease + Battery
6.3 yrs
Payback Period
$39,639
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
$131
Annual Cost
$1,572
25-Year Cost (No Solar)
$86,247
Your Solar Investment
6.5 kW System
$18,850
$9,498
After All IL Incentives
DG Rebate ($300/kW)-$1,950
Illinois Shines RECs (lump sum, ~18 mo)-$7,402
With vs Without Solar in New Milford
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $131/mo | $114/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-5/mo |
| 5-Year Cost | $8,489 | $6,840 |
| 25-Year Cost | $86,247 | $46,608 |
| 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
$39,639
Without Solar
With Solar
Year 1
$1,572
$1,636
Year 2Payback Year
$3,238
-$4,106
Year 5
$8,862
$1,028
Year 10
$20,720
$10,234
Year 15
$36,590
$20,553
Year 20
$57,827
$32,457
Year 25
$86,247
$46,608
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $1,572 | $1,636 | -$64 |
| Year 2Payback | $3,238 | -$4,106 | $7,345 |
| Year 3 | $5,005 | -$2,422 | $7,427 |
| Year 4 | $6,877 | -$712 | $7,588 |
| Year 5 | $8,862 | $1,028 | $7,834 |
| Year 6 | $10,965 | $2,798 | $8,167 |
| Year 7 | $13,195 | $4,601 | $8,594 |
| Year 8 | $15,559 | $6,439 | $9,119 |
| Year 9 | $18,064 | $8,316 | $9,748 |
| Year 10 | $20,720 | $10,234 | $10,486 |
| Year 11 | $23,535 | $12,196 | $11,340 |
| Year 12 | $26,520 | $14,205 | $12,314 |
| Year 13 | $29,683 | $16,265 | $13,418 |
| Year 14 | $33,036 | $18,380 | $14,656 |
| Year 15 | $36,590 | $20,553 | $16,037 |
| Year 16 | $40,357 | $22,789 | $17,568 |
| Year 17 | $44,351 | $25,092 | $19,258 |
| Year 18 | $48,584 | $27,468 | $21,116 |
| Year 19 | $53,071 | $29,921 | $23,150 |
| Year 20 | $57,827 | $32,457 | $25,370 |
| Year 21 | $62,869 | $35,082 | $27,786 |
| Year 22 | $68,213 | $37,803 | $30,410 |
| Year 23 | $73,877 | $40,626 | $33,252 |
| Year 24 | $79,882 | $43,558 | $36,324 |
| Year 25 | $86,247 | $46,608 | $39,639 |
Start Saving in New Milford
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