How Much Can Solar Save in Palos Heights?
Real numbers based on current ComEd rates and Illinois incentives.
$196
Current Bill/mo
$168
Est. Lease + Battery
5.5 yrs
Payback Period
$67,372
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
$196
Annual Cost
$2,352
25-Year Cost (No Solar)
$129,041
Your Solar Investment
8.5 kW System
$24,650
$12,420
After All IL Incentives
DG Rebate ($300/kW)-$2,550
Illinois Shines RECs (lump sum, ~18 mo)-$9,680
With vs Without Solar in Palos Heights
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $196/mo | $149/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$18/mo |
| 5-Year Cost | $12,701 | $8,940 |
| 25-Year Cost | $129,041 | $61,669 |
| 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
$67,372
Without Solar
With Solar
Year 1Payback Year
$2,352
$2,131
Year 5
$13,258
$1,313
Year 10
$31,001
$13,367
Year 15
$54,745
$26,955
Year 20
$86,520
$42,743
Year 25
$129,041
$61,669
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,352 | $2,131 | $221 |
| Year 2 | $4,845 | -$5,386 | $10,232 |
| Year 3 | $7,488 | -$3,190 | $10,678 |
| Year 4 | $10,289 | -$958 | $11,248 |
| Year 5 | $13,258 | $1,313 | $11,946 |
| Year 6 | $16,406 | $3,626 | $12,780 |
| Year 7 | $19,742 | $5,984 | $13,758 |
| Year 8 | $23,279 | $8,391 | $14,888 |
| Year 9 | $27,028 | $10,851 | $16,177 |
| Year 10 | $31,001 | $13,367 | $17,635 |
| Year 11 | $35,213 | $15,943 | $19,270 |
| Year 12 | $39,678 | $18,586 | $21,093 |
| Year 13 | $44,411 | $21,298 | $23,113 |
| Year 14 | $49,427 | $24,086 | $25,342 |
| Year 15 | $54,745 | $26,955 | $27,791 |
| Year 16 | $60,382 | $29,911 | $30,471 |
| Year 17 | $66,357 | $32,960 | $33,396 |
| Year 18 | $72,690 | $36,111 | $36,580 |
| Year 19 | $79,404 | $39,369 | $40,035 |
| Year 20 | $86,520 | $42,743 | $43,777 |
| Year 21 | $94,063 | $46,241 | $47,822 |
| Year 22 | $102,059 | $49,873 | $52,186 |
| Year 23 | $110,534 | $53,648 | $56,886 |
| Year 24 | $119,518 | $57,576 | $61,942 |
| Year 25 | $129,041 | $61,669 | $67,372 |
Start Saving in Palos Heights
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