How Much Can Solar Save in Park Ridge?

Real numbers based on current ComEd rates and Illinois incentives.

$250

Current Bill/mo

$193

Est. Lease + Battery

26+ yrs

Years of Pure Profit

$90,045

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

$250

Annual Cost

$3,000

25-Year Cost (No Solar)

$164,594

Your Solar Investment

10.5 kW System

$28,875

$11,631

After All IL Incentives

DG Rebate ($300/kW)-$3,150

Illinois Shines RECs (lump sum, ~18 mo)-$14,094

With vs Without Solar in Park Ridge

Metric	Without Solar	With Solar
Monthly Cost	$250/mo	$174/mo (loan)
Monthly Cash Flow	-$0 (all to utility)	+$36/mo
5-Year Cost	$16,200	$10,440
25-Year Cost	$164,594	$74,549
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

$90,045

Without Solar

With Solar

Year 1Profit Starts Here

$3,000

$2,570

Year 5

$16,911

-$783

Year 10

$39,542

$13,969

Year 15

$69,828

$30,792

Year 20

$110,357

$50,572

Year 25

$164,594

$74,548

Year	Without Solar	With Solar	Cumulative Savings
Year 1Profit Starts	$3,000	$2,570	$430
Year 2	$6,180	-$8,911	$15,091
Year 3	$9,551	-$6,252	$15,803
Year 4	$13,124	-$3,544	$16,668
Year 5	$16,911	-$783	$17,695
Year 6	$20,926	$2,035	$18,891
Year 7	$25,182	$4,914	$20,267
Year 8	$29,692	$7,860	$21,833
Year 9	$34,474	$10,876	$23,598
Year 10	$39,542	$13,969	$25,573
Year 11	$44,915	$17,144	$27,771
Year 12	$50,610	$20,407	$30,203
Year 13	$56,646	$23,765	$32,882
Year 14	$63,045	$27,224	$35,821
Year 15	$69,828	$30,792	$39,036
Year 16	$77,018	$34,478	$42,540
Year 17	$84,639	$38,289	$46,350
Year 18	$92,717	$42,235	$50,482
Year 19	$101,280	$46,326	$54,954
Year 20	$110,357	$50,572	$59,785
Year 21	$119,978	$54,984	$64,994
Year 22	$130,177	$59,574	$70,603
Year 23	$140,987	$64,356	$76,632
Year 24	$152,447	$69,342	$83,104
Year 25	$164,594	$74,548	$90,045

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 Park Ridge

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

Start Saving in Park Ridge

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