How Much Can Solar Save in Park Forest?
Real numbers based on current ComEd rates and Illinois incentives.
$125
Current Bill/mo
$133
Est. Lease + Battery
5.5 yrs
Payback Period
$43,283
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
$125
Annual Cost
$1,500
25-Year Cost (No Solar)
$82,297
Your Solar Investment
5.5 kW System
$15,950
$8,037
After All IL Incentives
DG Rebate ($300/kW)-$1,650
Illinois Shines RECs (lump sum, ~18 mo)-$6,263
With vs Without Solar in Park Forest
| Metric | Without Solar | With Solar |
|---|---|---|
| Monthly Cost | $125/mo | $97/mo (loan) |
| Monthly Cash Flow | -$0 (all to utility) | +$11/mo |
| 5-Year Cost | $8,100 | $5,820 |
| 25-Year Cost | $82,297 | $39,014 |
| 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
$43,283
Without Solar
With Solar
Year 1Payback Year
$1,500
$1,363
Year 5
$8,456
$761
Year 10
$19,771
$8,440
Year 15
$34,914
$17,069
Year 20
$55,178
$27,065
Year 25
$82,297
$39,014
| Year | Without Solar | With Solar | Cumulative Savings |
|---|---|---|---|
| Year 1Payback | $1,500 | $1,363 | $137 |
| Year 2 | $3,090 | -$3,517 | $6,607 |
| Year 3 | $4,775 | -$2,114 | $6,890 |
| Year 4 | $6,562 | -$689 | $7,251 |
| Year 5 | $8,456 | $761 | $7,695 |
| Year 6 | $10,463 | $2,236 | $8,227 |
| Year 7 | $12,591 | $3,739 | $8,851 |
| Year 8 | $14,846 | $5,273 | $9,573 |
| Year 9 | $17,237 | $6,839 | $10,398 |
| Year 10 | $19,771 | $8,440 | $11,332 |
| Year 11 | $22,457 | $10,078 | $12,379 |
| Year 12 | $25,305 | $11,757 | $13,548 |
| Year 13 | $28,323 | $13,480 | $14,844 |
| Year 14 | $31,523 | $15,249 | $16,274 |
| Year 15 | $34,914 | $17,069 | $17,845 |
| Year 16 | $38,509 | $18,943 | $19,566 |
| Year 17 | $42,319 | $20,875 | $21,445 |
| Year 18 | $46,358 | $22,869 | $23,489 |
| Year 19 | $50,640 | $24,931 | $25,709 |
| Year 20 | $55,178 | $27,065 | $28,114 |
| Year 21 | $59,989 | $29,276 | $30,713 |
| Year 22 | $65,088 | $31,570 | $33,518 |
| Year 23 | $70,494 | $33,954 | $36,540 |
| Year 24 | $76,223 | $36,433 | $39,791 |
| Year 25 | $82,297 | $39,014 | $43,283 |
Start Saving in Park Forest
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