How Much Can Solar Save in Palos Hills?
Real numbers based on current ComEd rates and Illinois incentives.
$168
Current Bill/mo
$152
Est. Lease + Battery
5.4 yrs
Payback Period
$56,649
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
$168
Annual Cost
$2,016
25-Year Cost (No Solar)
$110,607
Your Solar Investment
7 kW System
$20,300
$10,228
After All IL Incentives
DG Rebate ($300/kW)-$2,100
Illinois Shines RECs (lump sum, ~18 mo)-$7,972
With vs Without Solar in Palos Hills
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $168/mo | $123/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$17/mo |
| 5-Year Cost | $10,886 | $7,380 |
| 25-Year Cost | $110,607 | $53,958 |
| 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
$56,649
Without Solar
With Solar
Year 1Payback Year
$2,016
$1,811
Year 5
$11,364
$1,399
Year 10
$26,572
$11,756
Year 15
$46,924
$23,526
Year 20
$74,160
$37,313
Year 25
$110,607
$53,958
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $2,016 | $1,811 | $205 |
| Year 2 | $4,153 | -$4,320 | $8,473 |
| Year 3 | $6,418 | -$2,448 | $8,867 |
| Year 4 | $8,819 | -$543 | $9,362 |
| Year 5 | $11,364 | $1,399 | $9,966 |
| Year 6 | $14,062 | $3,380 | $10,683 |
| Year 7 | $16,922 | $5,402 | $11,520 |
| Year 8 | $19,953 | $7,470 | $12,483 |
| Year 9 | $23,166 | $9,587 | $13,580 |
| Year 10 | $26,572 | $11,756 | $14,817 |
| Year 11 | $30,183 | $13,980 | $16,203 |
| Year 12 | $34,010 | $16,265 | $17,745 |
| Year 13 | $38,066 | $18,614 | $19,452 |
| Year 14 | $42,366 | $21,033 | $21,333 |
| Year 15 | $46,924 | $23,526 | $23,398 |
| Year 16 | $51,756 | $26,099 | $25,657 |
| Year 17 | $56,877 | $28,758 | $28,119 |
| Year 18 | $62,306 | $31,509 | $30,797 |
| Year 19 | $68,060 | $34,358 | $33,702 |
| Year 20 | $74,160 | $37,313 | $36,847 |
| Year 21 | $80,625 | $40,381 | $40,244 |
| Year 22 | $87,479 | $43,571 | $43,908 |
| Year 23 | $94,744 | $46,890 | $47,853 |
| Year 24 | $102,444 | $50,349 | $52,095 |
| Year 25 | $110,607 | $53,958 | $56,649 |
Start Saving in Palos Hills
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