How Much Can Solar Save in Olympia Fields?
Real numbers based on current ComEd rates and Illinois incentives.
$179
Current Bill/mo
$161
Est. Lease + Battery
5.5 yrs
Payback Period
$62,168
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
$179
Annual Cost
$2,148
25-Year Cost (No Solar)
$117,849
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 Olympia Fields
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $179/mo | $140/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$15/mo |
| 5-Year Cost | $11,599 | $8,400 |
| 25-Year Cost | $117,849 | $55,681 |
| 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
$62,168
Without Solar
With Solar
Year 1Payback Year
$2,148
$1,965
Year 5
$12,108
$1,002
Year 10
$28,312
$12,029
Year 15
$49,997
$24,386
Year 20
$79,015
$38,661
Year 25
$117,849
$55,681
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,148 | $1,965 | $183 |
| Year 2 | $4,425 | -$5,154 | $9,579 |
| Year 3 | $6,838 | -$3,134 | $9,972 |
| Year 4 | $9,397 | -$1,083 | $10,480 |
| Year 5 | $12,108 | $1,002 | $11,107 |
| Year 6 | $14,983 | $3,123 | $11,860 |
| Year 7 | $18,030 | $5,283 | $12,747 |
| Year 8 | $21,260 | $7,485 | $13,775 |
| Year 9 | $24,683 | $9,732 | $14,951 |
| Year 10 | $28,312 | $12,029 | $16,283 |
| Year 11 | $32,159 | $14,378 | $17,781 |
| Year 12 | $36,237 | $16,784 | $19,453 |
| Year 13 | $40,559 | $19,251 | $21,308 |
| Year 14 | $45,140 | $21,783 | $23,357 |
| Year 15 | $49,997 | $24,386 | $25,611 |
| Year 16 | $55,145 | $27,065 | $28,080 |
| Year 17 | $60,601 | $29,826 | $30,776 |
| Year 18 | $66,385 | $32,674 | $33,711 |
| Year 19 | $72,516 | $35,617 | $36,900 |
| Year 20 | $79,015 | $38,661 | $40,355 |
| Year 21 | $85,904 | $41,813 | $44,091 |
| Year 22 | $93,207 | $45,083 | $48,124 |
| Year 23 | $100,947 | $48,478 | $52,469 |
| Year 24 | $109,152 | $52,007 | $57,145 |
| Year 25 | $117,849 | $55,681 | $62,168 |
Start Saving in Olympia Fields
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