How Much Can Solar Save in Palatine?
Real numbers based on current ComEd rates and Illinois incentives.
$197
Current Bill/mo
$167
Est. Lease + Battery
5.8 yrs
Payback Period
$64,689
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
$197
Annual Cost
$2,364
25-Year Cost (No Solar)
$129,700
Your Solar Investment
9 kW System
$26,100
$13,151
After All IL Incentives
DG Rebate ($300/kW)-$2,700
Illinois Shines RECs (lump sum, ~18 mo)-$10,249
With vs Without Solar in Palatine
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $197/mo | $158/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$9/mo |
| 5-Year Cost | $12,766 | $9,480 |
| 25-Year Cost | $129,700 | $65,011 |
| 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
$64,689
Without Solar
With Solar
Year 1Payback Year
$2,364
$2,261
Year 5
$13,326
$1,406
Year 10
$31,159
$14,165
Year 15
$55,024
$28,516
Year 20
$86,961
$45,144
Year 25
$129,700
$65,010
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,364 | $2,261 | $103 |
| Year 2 | $4,870 | -$5,695 | $10,565 |
| Year 3 | $7,526 | -$3,367 | $10,893 |
| Year 4 | $10,342 | -$1,001 | $11,342 |
| Year 5 | $13,326 | $1,406 | $11,920 |
| Year 6 | $16,490 | $3,856 | $12,634 |
| Year 7 | $19,843 | $6,353 | $13,490 |
| Year 8 | $23,398 | $8,902 | $14,496 |
| Year 9 | $27,165 | $11,504 | $15,661 |
| Year 10 | $31,159 | $14,165 | $16,994 |
| Year 11 | $35,393 | $16,890 | $18,503 |
| Year 12 | $39,881 | $19,682 | $20,199 |
| Year 13 | $44,637 | $22,546 | $22,091 |
| Year 14 | $49,680 | $25,489 | $24,190 |
| Year 15 | $55,024 | $28,516 | $26,508 |
| Year 16 | $60,690 | $31,634 | $29,056 |
| Year 17 | $66,695 | $34,848 | $31,848 |
| Year 18 | $73,061 | $38,166 | $34,895 |
| Year 19 | $79,809 | $41,595 | $38,214 |
| Year 20 | $86,961 | $45,144 | $41,817 |
| Year 21 | $94,543 | $48,822 | $45,721 |
| Year 22 | $102,579 | $52,637 | $49,943 |
| Year 23 | $111,098 | $56,599 | $54,499 |
| Year 24 | $120,128 | $60,720 | $59,408 |
| Year 25 | $129,700 | $65,010 | $64,689 |
Start Saving in Palatine
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