How Much Can Solar Save in Oswego?
Real numbers based on current ComEd rates and Illinois incentives.
$186
Current Bill/mo
$165
Est. Lease + Battery
6.5 yrs
Payback Period
$57,732
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
$186
Annual Cost
$2,232
25-Year Cost (No Solar)
$122,458
Your Solar Investment
10 kW System
$29,000
$14,612
After All IL Incentives
DG Rebate ($300/kW)-$3,000
Illinois Shines RECs (lump sum, ~18 mo)-$11,388
With vs Without Solar in Oswego
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $186/mo | $176/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | $-14/mo |
| 5-Year Cost | $12,053 | $10,560 |
| 25-Year Cost | $122,458 | $64,726 |
| 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
$57,732
Without Solar
With Solar
Year 1
$2,232
$2,395
Year 2Payback Year
$4,598
-$6,570
Year 5
$12,582
$886
Year 10
$29,420
$14,107
Year 15
$51,952
$28,707
Year 20
$82,105
$45,293
Year 25
$122,458
$64,726
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1 | $2,232 | $2,395 | -$163 |
| Year 2Payback | $4,598 | -$6,570 | $11,168 |
| Year 3 | $7,106 | -$4,118 | $11,224 |
| Year 4 | $9,764 | -$1,634 | $11,398 |
| Year 5 | $12,582 | $886 | $11,696 |
| Year 6 | $15,569 | $3,443 | $12,126 |
| Year 7 | $18,735 | $6,040 | $12,695 |
| Year 8 | $22,091 | $8,681 | $13,410 |
| Year 9 | $25,649 | $11,369 | $14,280 |
| Year 10 | $29,420 | $14,107 | $15,312 |
| Year 11 | $33,417 | $16,901 | $16,516 |
| Year 12 | $37,654 | $19,752 | $17,901 |
| Year 13 | $42,145 | $22,668 | $19,477 |
| Year 14 | $46,906 | $25,651 | $21,255 |
| Year 15 | $51,952 | $28,707 | $23,245 |
| Year 16 | $57,301 | $31,842 | $25,459 |
| Year 17 | $62,971 | $35,062 | $27,910 |
| Year 18 | $68,981 | $38,372 | $30,609 |
| Year 19 | $75,352 | $41,780 | $33,572 |
| Year 20 | $82,105 | $45,293 | $36,812 |
| Year 21 | $89,264 | $48,919 | $40,344 |
| Year 22 | $96,852 | $52,666 | $44,185 |
| Year 23 | $104,895 | $56,543 | $48,351 |
| Year 24 | $113,420 | $60,560 | $52,861 |
| Year 25 | $122,458 | $64,726 | $57,732 |
Start Saving in Oswego
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