How Much Can Solar Save in North Riverside?
Real numbers based on current ComEd rates and Illinois incentives.
$183
Current Bill/mo
$159
Est. Lease + Battery
5.6 yrs
Payback Period
$59,761
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
$183
Annual Cost
$2,196
25-Year Cost (No Solar)
$120,482
Your Solar Investment
8 kW System
$23,200
$11,690
After All IL Incentives
DG Rebate ($300/kW)-$2,400
Illinois Shines RECs (lump sum, ~18 mo)-$9,110
With vs Without Solar in North Riverside
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $183/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $11,858 | $8,400 |
| 25-Year Cost | $120,482 | $60,721 |
| 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
$59,761
Without Solar
With Solar
Year 1Payback Year
$2,196
$2,060
Year 5
$12,379
$1,536
Year 10
$28,945
$13,269
Year 15
$51,114
$26,560
Year 20
$80,781
$42,069
Year 25
$120,482
$60,721
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,196 | $2,060 | $136 |
| Year 2 | $4,524 | -$4,958 | $9,482 |
| Year 3 | $6,991 | -$2,832 | $9,823 |
| Year 4 | $9,607 | -$668 | $10,275 |
| Year 5 | $12,379 | $1,536 | $10,843 |
| Year 6 | $15,318 | $3,783 | $11,535 |
| Year 7 | $18,433 | $6,076 | $12,357 |
| Year 8 | $21,735 | $8,419 | $13,316 |
| Year 9 | $25,235 | $10,815 | $14,420 |
| Year 10 | $28,945 | $13,269 | $15,676 |
| Year 11 | $32,878 | $15,785 | $17,093 |
| Year 12 | $37,046 | $18,366 | $18,680 |
| Year 13 | $41,465 | $21,019 | $20,446 |
| Year 14 | $46,149 | $23,748 | $22,401 |
| Year 15 | $51,114 | $26,560 | $24,554 |
| Year 16 | $56,377 | $29,459 | $26,918 |
| Year 17 | $61,955 | $32,452 | $29,503 |
| Year 18 | $67,869 | $35,547 | $32,322 |
| Year 19 | $74,137 | $38,749 | $35,388 |
| Year 20 | $80,781 | $42,069 | $38,713 |
| Year 21 | $87,824 | $45,512 | $42,312 |
| Year 22 | $95,289 | $49,090 | $46,200 |
| Year 23 | $103,203 | $52,810 | $50,393 |
| Year 24 | $111,591 | $56,683 | $54,908 |
| Year 25 | $120,482 | $60,721 | $59,761 |
Start Saving in North Riverside
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