How Much Can Solar Save in Oglesby?
Real numbers based on current ComEd rates and Illinois incentives.
$134
Current Bill/mo
$139
Est. Lease + Battery
5.5 yrs
Payback Period
$47,310
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
$134
Annual Cost
$1,608
25-Year Cost (No Solar)
$88,222
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 Oglesby
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $134/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$13/mo |
| 5-Year Cost | $8,683 | $6,300 |
| 25-Year Cost | $88,222 | $40,912 |
| 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
$47,310
Without Solar
With Solar
Year 1Payback Year
$1,608
$1,457
Year 5
$9,064
$659
Year 10
$21,195
$8,809
Year 15
$37,428
$17,919
Year 20
$59,151
$28,418
Year 25
$88,222
$40,912
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,608 | $1,457 | $151 |
| Year 2 | $3,312 | -$3,900 | $7,212 |
| Year 3 | $5,119 | -$2,403 | $7,522 |
| Year 4 | $7,034 | -$884 | $7,918 |
| Year 5 | $9,064 | $659 | $8,405 |
| Year 6 | $11,216 | $2,228 | $8,988 |
| Year 7 | $13,497 | $3,826 | $9,672 |
| Year 8 | $15,915 | $5,453 | $10,462 |
| Year 9 | $18,478 | $7,114 | $11,365 |
| Year 10 | $21,195 | $8,809 | $12,386 |
| Year 11 | $24,074 | $10,543 | $13,532 |
| Year 12 | $27,127 | $12,317 | $14,810 |
| Year 13 | $30,362 | $14,136 | $16,227 |
| Year 14 | $33,792 | $16,002 | $17,790 |
| Year 15 | $37,428 | $17,919 | $19,509 |
| Year 16 | $41,281 | $19,891 | $21,390 |
| Year 17 | $45,366 | $21,923 | $23,443 |
| Year 18 | $49,696 | $24,018 | $25,678 |
| Year 19 | $54,286 | $26,181 | $28,105 |
| Year 20 | $59,151 | $28,418 | $30,733 |
| Year 21 | $64,308 | $30,734 | $33,574 |
| Year 22 | $69,775 | $33,135 | $36,640 |
| Year 23 | $75,569 | $35,627 | $39,942 |
| Year 24 | $81,711 | $38,217 | $43,494 |
| Year 25 | $88,222 | $40,912 | $47,310 |
Start Saving in Oglesby
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