How Much Can Solar Save in Ohio?
Real numbers based on current ComEd rates and Illinois incentives.
$125
Current Bill/mo
$133
Est. Lease + Battery
5.5 yrs
Payback Period
$42,793
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
$125
Annual Cost
$1,500
25-Year Cost (No Solar)
$82,297
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Ohio
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $8,100 | $5,820 |
| 25-Year Cost | $82,297 | $39,504 |
| 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
$42,793
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,373
Year 5
$8,456
$814
Year 10
$19,771
$8,563
Year 15
$34,914
$17,284
Year 20
$55,178
$27,399
Year 25
$82,297
$39,504
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,373 | $127 |
| Year 2 | $3,090 | -$3,498 | $6,588 |
| Year 3 | $4,775 | -$2,084 | $6,859 |
| Year 4 | $6,562 | -$647 | $7,209 |
| Year 5 | $8,456 | $814 | $7,641 |
| Year 6 | $10,463 | $2,302 | $8,161 |
| Year 7 | $12,591 | $3,819 | $8,772 |
| Year 8 | $14,846 | $5,366 | $9,480 |
| Year 9 | $17,237 | $6,947 | $10,290 |
| Year 10 | $19,771 | $8,563 | $11,208 |
| Year 11 | $22,457 | $10,218 | $12,239 |
| Year 12 | $25,305 | $11,914 | $13,391 |
| Year 13 | $28,323 | $13,655 | $14,668 |
| Year 14 | $31,523 | $15,444 | $16,079 |
| Year 15 | $34,914 | $17,284 | $17,630 |
| Year 16 | $38,509 | $19,179 | $19,330 |
| Year 17 | $42,319 | $21,133 | $21,186 |
| Year 18 | $46,358 | $23,152 | $23,207 |
| Year 19 | $50,640 | $25,239 | $25,401 |
| Year 20 | $55,178 | $27,399 | $27,780 |
| Year 21 | $59,989 | $29,638 | $30,351 |
| Year 22 | $65,088 | $31,962 | $33,127 |
| Year 23 | $70,494 | $34,376 | $36,118 |
| Year 24 | $76,223 | $36,888 | $39,336 |
| Year 25 | $82,297 | $39,504 | $42,793 |
Start Saving in Ohio
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