How Much Can Solar Save in North Chicago?
Real numbers based on current ComEd rates and Illinois incentives.
$136
Current Bill/mo
$136
Est. Lease + Battery
5.7 yrs
Payback Period
$43,831
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
$136
Annual Cost
$1,632
25-Year Cost (No Solar)
$89,539
Your Solar Investment
6 kW System
$17,400
$8,767
After All IL Incentives
DG Rebate ($300/kW)-$1,800
Illinois Shines RECs (lump sum, ~18 mo)-$6,833
With vs Without Solar in North Chicago
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $136/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$7/mo |
| 5-Year Cost | $8,813 | $6,300 |
| 25-Year Cost | $89,539 | $45,708 |
| 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
$43,831
Without Solar
With Solar
Year 1Payback Year
$1,632
$1,549
Year 5
$9,200
$1,175
Year 10
$21,511
$10,004
Year 15
$37,986
$20,005
Year 20
$60,034
$31,675
Year 25
$89,539
$45,708
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,632 | $1,549 | $83 |
| Year 2 | $3,362 | -$3,710 | $7,072 |
| Year 3 | $5,196 | -$2,110 | $7,306 |
| Year 4 | $7,139 | -$483 | $7,622 |
| Year 5 | $9,200 | $1,175 | $8,024 |
| Year 6 | $11,384 | $2,866 | $8,518 |
| Year 7 | $13,699 | $4,591 | $9,108 |
| Year 8 | $16,153 | $6,354 | $9,799 |
| Year 9 | $18,754 | $8,157 | $10,597 |
| Year 10 | $21,511 | $10,004 | $11,507 |
| Year 11 | $24,434 | $11,896 | $12,537 |
| Year 12 | $27,532 | $13,839 | $13,692 |
| Year 13 | $30,816 | $15,836 | $14,980 |
| Year 14 | $34,297 | $17,889 | $16,407 |
| Year 15 | $37,986 | $20,005 | $17,981 |
| Year 16 | $41,898 | $22,186 | $19,711 |
| Year 17 | $46,043 | $24,439 | $21,604 |
| Year 18 | $50,438 | $26,768 | $23,670 |
| Year 19 | $55,096 | $29,178 | $25,919 |
| Year 20 | $60,034 | $31,675 | $28,359 |
| Year 21 | $65,268 | $34,266 | $31,002 |
| Year 22 | $70,816 | $36,958 | $33,859 |
| Year 23 | $76,697 | $39,757 | $36,941 |
| Year 24 | $82,931 | $42,671 | $40,260 |
| Year 25 | $89,539 | $45,708 | $43,831 |
Start Saving in North Chicago
Get a free, personalized solar analysis based on your actual ComEd bill and roof. Lease or own — we'll find the best option.
✓ $0 down lease available — save from day 1 with no upfront cost
ComEd rates projected to rise again next year. Lock in savings now.