How Much Can Solar Save in Onarga?
Real numbers based on current ComEd rates and Illinois incentives.
$125
Current Bill/mo
$134
Est. Lease + Battery
5.9 yrs
Payback Period
$41,870
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
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 Onarga
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $105/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$4/mo |
| 5-Year Cost | $8,100 | $6,300 |
| 25-Year Cost | $82,297 | $40,427 |
| 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
$41,870
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,456
Year 5
$8,456
$646
Year 10
$19,771
$8,759
Year 15
$34,914
$17,793
Year 20
$55,178
$28,157
Year 25
$82,297
$40,427
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,456 | $44 |
| Year 2 | $3,090 | -$3,903 | $6,993 |
| Year 3 | $4,775 | -$2,409 | $7,184 |
| Year 4 | $6,562 | -$893 | $7,455 |
| Year 5 | $8,456 | $646 | $7,810 |
| Year 6 | $10,463 | $2,210 | $8,253 |
| Year 7 | $12,591 | $3,801 | $8,790 |
| Year 8 | $14,846 | $5,421 | $9,425 |
| Year 9 | $17,237 | $7,073 | $10,164 |
| Year 10 | $19,771 | $8,759 | $11,013 |
| Year 11 | $22,457 | $10,481 | $11,977 |
| Year 12 | $25,305 | $12,242 | $13,063 |
| Year 13 | $28,323 | $14,046 | $14,277 |
| Year 14 | $31,523 | $15,895 | $15,628 |
| Year 15 | $34,914 | $17,793 | $17,121 |
| Year 16 | $38,509 | $19,744 | $18,765 |
| Year 17 | $42,319 | $21,751 | $20,568 |
| Year 18 | $46,358 | $23,820 | $22,539 |
| Year 19 | $50,640 | $25,953 | $24,687 |
| Year 20 | $55,178 | $28,157 | $27,021 |
| Year 21 | $59,989 | $30,437 | $29,552 |
| Year 22 | $65,088 | $32,797 | $32,291 |
| Year 23 | $70,494 | $35,245 | $35,249 |
| Year 24 | $76,223 | $37,786 | $38,438 |
| Year 25 | $82,297 | $40,427 | $41,870 |
Start Saving in Onarga
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