How Much Can Solar Save in Palos Park?

Real numbers based on current ComEd rates and Illinois incentives.

$229

Current Bill/mo

$185

Est. Lease + Battery

24+ yrs

Years of Pure Profit

$76,678

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

$229

Annual Cost

$2,748

25-Year Cost (No Solar)

$150,768

Your Solar Investment

11.5 kW System

$31,625

$14,948

After All IL Incentives

DG Rebate ($300/kW)-$3,450

Illinois Shines RECs (lump sum, ~18 mo)-$13,227

With vs Without Solar in Palos Park

Metric	Without Solar	With Solar
Monthly Cost	$229/mo	$190/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$7/mo
5-Year Cost	$14,839	$11,400
25-Year Cost	$150,768	$74,090
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

$76,678

Without Solar

With Solar

Year 1Profit Starts Here

$2,748

$2,665

Year 5

$15,491

$481

Year 10

$36,221

$15,402

Year 15

$63,962

$32,079

Year 20

$101,087

$51,282

Year 25

$150,768

$74,089

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$2,748	$2,665	$83
Year 2	$5,661	-$7,862	$13,523
Year 3	$8,749	-$5,123	$13,872
Year 4	$12,021	-$2,343	$14,365
Year 5	$15,491	$481	$15,010
Year 6	$19,168	$3,353	$15,815
Year 7	$23,066	$6,278	$16,789
Year 8	$27,198	$9,258	$17,941
Year 9	$31,578	$12,297	$19,281
Year 10	$36,221	$15,402	$20,819
Year 11	$41,142	$18,576	$22,566
Year 12	$46,359	$21,825	$24,534
Year 13	$51,888	$25,154	$26,734
Year 14	$57,749	$28,570	$29,179
Year 15	$63,962	$32,079	$31,883
Year 16	$70,548	$35,688	$34,860
Year 17	$77,529	$39,405	$38,124
Year 18	$84,929	$43,237	$41,692
Year 19	$92,772	$47,193	$45,580
Year 20	$101,087	$51,282	$49,805
Year 21	$109,900	$55,513	$54,387
Year 22	$119,242	$59,898	$59,344
Year 23	$129,145	$64,448	$64,697
Year 24	$139,641	$69,174	$70,467
Year 25	$150,768	$74,089	$76,678

Calculate YOUR Savings

Enter your actual ComEd bill to see a personalized 25-year savings projection.

$Enter Your Information

Average Monthly Electric Bill

Current Utility Rate ($/kWh)

Default: $0.16/kWh (ComEd & Ameren average)

Utility Rate Escalator: 4.5% per year

Conservative (2%)Historical Average (6%)Aggressive (10%)

How We Calculate Your Savings

This calculator uses your custom utility rate (default $0.16/kWh for Illinois) with a 4.5% annual escalator compared to our fixed lease rate of $0.10/kWh (avg.) for 15 years. A low-escalator option is also available for a lower starting payment. After the 15-year lease, you can keep the system for a low fair-market buyout — then your electricity cost drops to near-zero for the remaining life of the panels (25+ years). Your actual savings may vary based on your specific usage patterns and system size.

More Solar Resources for Palos Park

Solar IncentivesRECs, rebates & tax exemptions Electricity RatesRate trends & bill analysis Solar FAQCommon questions answered

Start Saving in Palos Park

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Or call (618) 217-2001|Info@ltdsolarconsulting.com