How Much Can Solar Save in Oakwood Hills?
Real numbers based on current ComEd rates and Illinois incentives.
$171
Current Bill/mo
$154
Est. Lease + Battery
6.5 yrs
Payback Period
$50,643
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
$171
Annual Cost
$2,052
25-Year Cost (No Solar)
$112,582
Your Solar Investment
9 kW System
$26,100
$13,151
After All IL Incentives
DG Rebate ($300/kW)-$2,700
Illinois Shines RECs (lump sum, ~18 mo)-$10,249
With vs Without Solar in Oakwood Hills
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $171/mo | $158/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-14/mo |
| 5-Year Cost | $11,081 | $9,480 |
| 25-Year Cost | $112,582 | $61,939 |
| 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
$50,643
Without Solar
With Solar
Year 1
$2,052
$2,224
Year 2Payback Year
$4,227
-$5,771
Year 5
$11,567
$1,185
Year 10
$27,047
$13,598
Year 15
$47,762
$27,419
Year 20
$75,484
$43,251
Year 25
$112,582
$61,939
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,052 | $2,224 | -$172 |
| Year 2Payback | $4,227 | -$5,771 | $9,998 |
| Year 3 | $6,533 | -$3,487 | $10,020 |
| Year 4 | $8,977 | -$1,169 | $10,146 |
| Year 5 | $11,567 | $1,185 | $10,382 |
| Year 6 | $14,313 | $3,578 | $10,736 |
| Year 7 | $17,224 | $6,012 | $11,212 |
| Year 8 | $20,310 | $8,491 | $11,818 |
| Year 9 | $23,580 | $11,019 | $12,561 |
| Year 10 | $27,047 | $13,598 | $13,449 |
| Year 11 | $30,722 | $16,234 | $14,488 |
| Year 12 | $34,617 | $18,929 | $15,689 |
| Year 13 | $38,746 | $21,688 | $17,058 |
| Year 14 | $43,123 | $24,517 | $18,606 |
| Year 15 | $47,762 | $27,419 | $20,343 |
| Year 16 | $52,680 | $30,402 | $22,278 |
| Year 17 | $57,893 | $33,470 | $24,423 |
| Year 18 | $63,418 | $36,629 | $26,789 |
| Year 19 | $69,276 | $39,888 | $29,388 |
| Year 20 | $75,484 | $43,251 | $32,233 |
| Year 21 | $82,065 | $46,728 | $35,337 |
| Year 22 | $89,041 | $50,326 | $38,715 |
| Year 23 | $96,435 | $54,054 | $42,381 |
| Year 24 | $104,274 | $57,922 | $46,352 |
| Year 25 | $112,582 | $61,939 | $50,643 |
Start Saving in Oakwood Hills
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